LYC is on the move up and gunning for highs

Trade Management

Current Open Alert


LYC – Lynas Corporation Limited

Stock : LYC – Lynas Corporation Limited

Current Price : 0.12

Previous Buy Entry (Trigger Level) : 0.099

Previous Partial Exit Level (Target) : 0.11

New Remaining Sell Stop Exit Zone (Stop Loss) : 0.105

LYC has continued higher and is hovering around over extended territory so we are now happy to tighten the risk and watch the action. Price is still looking strong on the longer term weekly charts for a break through the highs around 0.14.



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.