the elephant in the room, page-11

In the good old days lyc would rise when the all rods would rise

After 300 points on the all rods and still climbing lynas continues to hover without any prospect of rising

I think like many stocks that have approx 2 billion shares on offer it is simply deluged and swamped by the volume at each level

To me this running from 50s to 70s

Then hover mostly in 60s seems to be the norm

It's hard to see 80s in the near future

It seems to follow news but that's not too reliable these days either

You can read charts till you are blur in the face

It has to have another attempt at 69 c before any talk of 70s can occur

To me regardless if there is no news tomo which I expect their isn't after the 2 week comment has be passed with disgust

This announcement could be still days away

Expect a small run up to say 66c the. Bang back to 63c

Nasty stock this lynas

Not for the faint hearted