Today's chart & trading, page-380

2.01 today 200 day momentum is 0, 100 day is o 50 day is -0.9. Looking back I have to go to Feb 2016 to find a -0.5 momentum indicator. This stock has now gone below most 50 day averages. Many that are 100 days. and even its simple 200 day average. It is still 0.25 above 360 day average. This sounds safe until you think it was at 2.89 two months ago.

Overall this sounds wrong to me especially when I think about early payment to JARE. A payment that had me cancel my, sell all, plans. Only thing I can figure is it's lots of small things. Market is moving from growth to value stocks. Especially true of high risk high growth stock like Lynas. Nd and Pr have been falling ND fell another 5 RMB / KG today now at 320. Pr now at 410. Both La and CE fell 0.25 RMB to 14.25 RMB last week. Does not sound like much but it is 2 % on Lynas's largest volume products. Just My opinion but we are now probably below the ASP where they can make money. Will not affect year 2018. If REE prices do not correct strongly, H1 2019 will be very disappointing.