Should expect a push back to recent highs.
LYC - Great run, but could retrace as it hits critical resistance at 2.00 Share prices bounced back during the opening session at a critical Fib retracement level at 2.20 and rose to 2.38, the highest price point of the day before coming down and closing at 2.31. Looks like a trend reversal here for LYC. LYC - Major support and resistance level M20 time frame Add to this that rare earths... It may therefore take some time before it appears on our website.Deconstruct the processing plant and move it.This company has been in the s#"€ , that country is pathetic? Resistance at 2.44, 2.50, 2.57, and 2.62 2.30 is the critical support to watch; share prices could head down to close the price gap if it... Préférez-vous l'édition d'Investing.com en However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.By doing so, you and %USER_NAME% will not be able to see More Details
Support at 2.36, 2.30, 2.26, and 2.20 There were signs of profit-taking towards the end of the trading session which saw share prices retreated from its highs at 2.45 and closed at 2.38.
Possible big move coming buy the breakout(after a daily close above flag) if it occurs target is around $4 gl!
However, it seems to have trouble with the above horizontal resistance. Access detailed information about the Lynas Corporation Ltd (LYC) stock including Price, Charts, Technical Analysis, Historical data, Lynas Reports and more. Please disable your ad-blocker and refresh. As things heat up with China (who controls rare earths globally) this bears watching. But there is another class of winners often forgotten; the winners who while the fight is happening pick up the gold teeth and wallets lost by the pugilists. FUNDAMENTALLY A SAFETY REPORT OF LYNAS OPERATIONS IN MALAYSIA WILL BE RELEASED IN 3 MONTHS. Global markets are buffeted by conflicting currents. Shares in rare earth miner Lynas Corporation Ltd are up 1% to $2.60 on Monday, following the release of the company’s quarterly update..
Lynas Corp. Ltd. engages in the production of rare earth minerals. Don't take this too serious just plotting it to see how the outcome plays out. Might take around a month for the play to fully run through.
Keep an eye on prices in case it falls to 1.815 and 1.625 to go long Share prices could progress to the upside if it holds above 2.30 support. MONTHLY IS OBVIOUSLY BEARISH DUE TO FUNDAMENTAL NEWS, FINDING SUPPORT ON THE 0.618 FIB LEVEL CURRENTLY. LYC - LYNAS CORPORATION shares closed at 2.32 up 2.20% in today's trading session. View which stocks have been most impacted by COVID-19.
All Rights Reserved Information about the Lynas Corporation Ltd Stock. The price is close to the long term trend line. Pattern Indication Lynas Malaysia is an integrated manufacturing facility, separating and processing rare earths materials, located in the Gebeng Industrial Estate near the Port of Kuantan in Malaysia. Lynas' stock was trading at $0.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). This could be around AUD 2.17 where a gap was left recently and we have horizontal support. WE SHOULD SEE SOME BUY PRESSURE AT THESE LEVELS NEXT WEEK BUT I EXPECT FURTHER DOWNSIDE TO THE 0.786 FIB REGION WHERE MAJOR SUPPORT IS. Economic Events and content by followed authors * NEW SHARES TO BE ISSUED AT A$2.30 PER SHARE FROM EQUITY RAISING Markets recovered their risk appetite in overnight trading. Since then, LYSCF shares have increased by 83.3% and is now trading at $1.76. The price pushed past the EMA 15 today and is holding above EMA 200. Overall it was positive, but there are problems lurking behind the headline numbers. Lynas... Deconstruct the processing plant and move it.This company has been in the s#"€ , that country is pathetic?
LYC has broken a long term downward trend, great news! LYC share prices surged in yesterday's session after it gapped up during the opening trades and closed at 2.38 up 9.72%.
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