LYC 0.08% $6.40 lynas rare earths limited

As mentioned elsewhere, if LYC does break the lows of the...

  1. 22,593 Posts.
    As mentioned elsewhere, if LYC does break the lows of the current formation, the clues for if its a geniune breakout
    will be given in those immediate bars that follow ie. in their volume spreads etc.

    This post is a little different from the norm, its pattern only orientated, not looking at any volumes etc,
    only at this particular pattern... a "busted descending triangle", it takes into account only the percentage of break,
    and compares them with historically how they've performed.

    content from http://thepatternsite.com/BustDescTriangles.html

    soho, hows that one ;)


 
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