LYC 4.18% $7.72 lynas rare earths limited

september day traders thread week #4, page-2

  1. 805 Posts.
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    OK here's my views for the next day or two:

    Upward strength
    - share price rising with increasing volume
    - RSI rising with heaps of headroom left (v strong indicator for me)
    - MACD still oversold (expect return back thru zero soon with associated share price jump)

    Other
    - expect basket price increase today
    - US LYSCF closed at $US 1.27 with over 1M volume

    these are all good indicators to me - but as always watch the action in pre open to catch any unexpected behaviour and adjust accordingly.

    Bottom Line - very strong upward indicators

    DYOR




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