LYC 1.14% $6.22 lynas rare earths limited

I am travelling and on a different time zone. CJ, glad that you...

  1. 206 Posts.
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    I am travelling and on a different time zone. CJ, glad that you are interested in my daily feed of TA charts.

    14-Oct-2019 -5c -1.87% closing at 2.63

    (1) Engulfing red candle - Very negative but read my Post #: 40880409 on short sellers.
    (2) Closed right on 61.8% Fibonacci level.
    (3) The uptrend is intact.
    (4) I have added Ichimoku cloud and the SP remains above the dark cloud, so it is a positive.
    (5) Intraday high of 2.75 has broken above the midtrend line, it shows there are buyers willing to pay the premium. This is another positive.

    https://hotcopper.com.au/data/attachments/1770/1770955-c1586a15858c965aefe8e958a16daa42.jpg
 
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