LYC 2.39% $5.92 lynas rare earths limited

will break 1.50 today then test 1.80 again imo

  1. 3,344 Posts.
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    Todays announcement will be the catalyst to push the share price through $1.50 today imo.

    After the low of $1.16 on the 8th November the share price made a higher low on the 17th November which is bullish and today it has just made a new high punching through a bullish triangle, of course to confirm this in needs to closed above 1.49 imo.

    The Hang Seng is up strongly atm and the Dow futures are also up at the moment, although the Hang Seng seems to be a better indicator for the ASX these days.

    Anyway I'm back in.
 
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