Detected 12-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 12-Apr.
ASX:LYC represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a prior support level of $6.03 established previously on 24-Oct.
Entry conditions:
(i)...
LYC - LYNAS - rare earth anti chinese monopoly play
as the title says, china is once again applying restrictions like they did in 2010, low and behold we have the same price structure!
these plays are cyclical for sure. they sorted their Malaysian issue recently, at least for awhile. i expect their move back to Australia will be facilitated by the western powers...