LYC 2.89% $5.69 lynas rare earths limited

News: Rare earths expert certain of Lynas licence, page-42

  1. 22,593 Posts.
    re: News: Rare earths expert certain of Lynas... M87, a short covering rally would occur between 'CONTEMPT' and 'DOUBT & SUSPICION', it would be on big big volumes/spread when all the trader/investors who are holding only shorts think as a group that the tide is just about to change

    and thats the catch, with all the high volume which is them BUYING the stock back, its hard to see if its a real 'short covering rally' or simply another 'pump' by the pro money.

    Also Gandalf ARI was a good example to use, did you note that it basically rallied the stock 100%, unfortunately it has now fallen back to where the rally began

    Phil, thats a good idea will attempt to find other US REE stocks and chart them

    ......

    Time to BUY is at Bullish chart patterns at the end of a FEAR cycle, are we there yet certainly enough fear seems to be present but are there any bullish chart patterns ?

    Time to SELL is at the end of a GREED cycle on Bearish chart patterns
 
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