LYC 0.16% $6.17 lynas rare earths limited

two up will it make three, page-47

  1. 1,529 Posts.
    Strength in the background over the last few days however unable to make a call as the volume / spread action on Friday was low , probably due to the Xmas break and lower trading volumes as people are away with family etc.

    There was support at 30.5 though so what was resistance may have now become support however this needs to be tested and confirmed in order for the SP to track further north where it needs to put in a HL in order to create a safe entry point...

    Needs to see a tad more volume as the last 2 trading days have tapered off, willing to write that off as a seasonal thing but more volume needed to send it north successfully.

    Needs to clear 40c really IMO. to start talking about uptrends, 50c would be better...
 
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
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