A basic minerals company showing signs that buyers are ramping up the pressure

Potential Buy Alert LYC

 

LYC – Lynas Corporation Limited

LYC has been oscillating around the 2.00 level for the last few months and may now be coming out of the woods and looking to the highs. The basis minerals company is showing signs of holding higher lows and buyers step in to soak up selling pressure. We are now watching for a higher low to build the buy entry setup and jump on for a run through the highs.

 

Stock Code : LYC – Lynas Corporation Limited

Company Website : www.lynascorp.com

Current Price : 1.99

Status : On watch for buy entry setup