LYC 1.08% $7.52 lynas rare earths limited

watchy wednesday

  1. 22,593 Posts.
    lets compare our first 30minute bar of this morning with the same of last Wednesdays, ahh

    back then it had 19.5M as an UH volume upbar closing low with a very wide spread

    this mornings had 14M as an UH volume upbar closing low with a wide spread

    both of these look like upthrusts, now we know that the one of last Wednesday did do as it was intended and as mentioned before from it's highs that morning the shareprice tanked abt 25% to yesterday close

    I'm not saying the same is likely but we have to respect this action of this morning and if any ST traders are looking, a word of caution is to wait for this UP VOLUME to be tested successfully

    DYOR

 
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