LYC 1.47% $6.02 lynas rare earths limited

I'll go with longer time frames.The negative on the weekly above...

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    I'll go with longer time frames.https://hotcopper.com.au/data/attachments/5710/5710474-3b938eb23ef781611278a452029b073c.jpg
    The negative on the weekly above is it is still in the consolidation trade range. The volume needs to have a better few weeks, and if the SP pushes up and breaks that channel, volume would be wanted for a sustained move The MACD is trending nicely towards positive territory. High 7s to make a bullish chart here imo.

    The negatives on the monthly below is the downward slope of the bollinger and in the bottom half still, but obviously being the monthly, will be a slow turn. The MACD is still in the positive, grinding a turn to stay positive. Looking for 7.40-7.60 to make things better here.


    https://hotcopper.com.au/data/attachments/5710/5710467-185c5628abaf49b03c21d61b3a776c52.jpg

    All IMHO!
    Last edited by BuffettWarren: 04/11/23
 
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