Trade Management

Current Open Alert

LYC – Lynas Corporation Limited

Stock : LYC – Lynas Corporation Limited

Current Price : 0.105

Previous Buy Entry (Trigger Level) : 0.099

New Sell Exit Zone (Stop Loss) : 0.09

Potential Partial Exit Zone (Target) : 0.11

Status : On watch for buy entry trigger

LYC has cracked the 0.10 mark and recently traded 0.11. As we see the price as extended, we are now happy to take a partial exit at 0.11 and let the rest run for a potential move up to 0.13. Happy to also raise the risk level to 0.096 and sit back to 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 (Stop Loss) : 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.