LYC 2.86% $6.11 lynas rare earths limited

todays chart, page-77

  1. 26,957 Posts.
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    I was looking at 7.6c as support earlier in week when I traded some quickly. I put a buy back in for 7.7c, which is still 2nd in queue on screen, but I'm now seeing 7.8c as support, so don't think it's getting a look in and I'm only leaving it there in case the dude above me pulls his and I get lucky with some low volume selling, I would pull it if I thought selling pressure was strong enough to wipe the line and go lower, there isn't really a whole lot more support below it until you see 5.6c to be honest, hope that doesn't sound too scary, not going to happen...8.9c is the key resistance we need to get back through, otherisevwe're just ranging around in the 8s. When that goes, it opens up 9.8c, then 10.5c, then the buggy, 13.5c, after which, it's on for young and old.
 
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