LYC 1.30% $7.61 lynas rare earths limited

I also whats the psychology of holding down the price do???For...

  1. 5,301 Posts.
    I also whats the psychology of holding down the price do???

    For me, i consider buying more but the fact it doesnt break, it makes me hold out. i want to see the move.

    So does this allow them to accumulate now and then possibly sell into the next big move?? Dont get me wrong i think LYC is still a long term prospect to go from strength to strength.

    But im talking about big traders holding it down, now with no one willing to push it through, when it does the euphoria will flow. Everyone watching will jump in causing possibly another gap up on a huge spread supported by all the retail buyers.

    Then just like it got to 95 it will fall back to 88 or less where people will sell out in fear of the gap below and they do it again???

    So my question is, are you being set up and are you falling for it? i think I am???
 
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