LYC 0.00% $6.40 lynas rare earths limited

Any TA comments on the current chart? Looks like a broadening...

  1. 550 Posts.
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    Any TA comments on the current chart? Looks like a broadening top though the volume isn't getting higher so doesn't really conform. (apologies for the colours). Nice little RSI reversal off support (1.60) presaged the move up. Not sure how to read it -- depending on who you talk to broadening tops are bearish - but Bulkowski lists a 61% chance of an up move. Perhaps it is moot given volume is wrong. Interestingly right at the mid point of the pattern here (2.00).

    Thoughts?

    jezza

    lyc.PNG n't
    Last edited by Jezzamus: 19/01/18
 
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