Guys & Gals you are all wasting your breath TA v FA, as I have said many times on this forum, LYNAS was always and will continue to be always an easy share to predict a declining SP until first sales / profits as it has been and still is one of the most shorted stocks on the ASX.
So as we have all seen in the past, good news is announced and the SP is pumped ST, and then the shorters come in and start planting seeds of doubt and the SP goes back down, and the cycle repeats itself.
So in summary you do not have top be a guru technical analsyst to have predicted this, in fact some of these so called guru TA's I am sure are planted on the HC forum by large organisations to create this feeling of doubt which feeds the shorters and both the organistaions and shorters win, and they will keep winning until Lynas starts making a profit and the so called TA gurus will not be able to easily predict the movement in the SP.
End of story.
shakeout, page-18
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