LYC – Lynas Corporation Limited

Stock : LYC – Lynas Corporation Limited

Current Price : 0.117

Previous Buy Entry Trigger Level : 0.099

Previous Partial Exit Level : 0.11

New Remaining Sell Stop Exit Zone : 0.10

LYC has kicked up nicely and looks strong for a move up to 0.135 zone. We managed to lock in some gains yesterday with a push up through 0.11 and are now happy to tighten up the risk level to 0.10 and sit back and watch the action.

 

ORIGINAL ALERT 23/6/17

Stock : LYC – Lynas Corporation Limited

Current Price : 0.097

New Buy Entry Trigger Level : 0.099

Potential Sell Exit Zone : 0.09

Status : On watch for buy entry trigger

LYC is looking strong holding higher lows off support around the 0.08 level. The longer term weekly chart is trending higher so we are happy to put the wind in our sails and buy through 0.098. If the entry is triggered, then we will hold the risk below the higher low at 0.09. If price trades 0.09 prior to the entry trigger, then we will re-assess the price action.