LYC 0.30% $6.76 lynas rare earths limited

Hey 86,Don't be surprised if there isn't a retrace!If you look...

  1. 626 Posts.

    Hey 86,
    Don't be surprised if there isn't a retrace!

    If you look on the weekly chart you can see a break with good volume the week of the 6/11/06. Then it retraced but respected previous resistance, turning 38c into support. Now it has broken out again, closing at its highest price since Jan 2004. I think it could well be up and up from here. Fingers crossed.

    Spartz.
 
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