MONTHLY IS OBVIOUSLY BEARISH DUE TO FUNDAMENTAL NEWS, FINDING SUPPORT ON THE 0.618 FIB LEVEL CURRENTLY.
FUNDAMENTALLY A SAFETY REPORT OF LYNAS OPERATIONS IN MALAYSIA WILL BE RELEASED IN 3 MONTHS.
WE SHOULD SEE SOME BUY PRESSURE AT THESE LEVELS NEXT WEEK BUT I EXPECT FURTHER DOWNSIDE TO THE 0.786 FIB REGION WHERE MAJOR SUPPORT IS.
I BELIEVE THE REGION AROUND THE .786 IS A GOOD LONG TERM BUY REGION AS THERE IS ALOT OF CONFLUENCE.
UPTREND LINE, 0.786 FIB REGION AND LONG TERM SUPPORT LEVELS.
FUNDAMENTALLY A SAFETY REPORT OF LYNAS OPERATIONS IN MALAYSIA WILL BE RELEASED IN 3 MONTHS.
WE SHOULD SEE SOME BUY PRESSURE AT THESE LEVELS NEXT WEEK BUT I EXPECT FURTHER DOWNSIDE TO THE 0.786 FIB REGION WHERE MAJOR SUPPORT IS.
I BELIEVE THE REGION AROUND THE .786 IS A GOOD LONG TERM BUY REGION AS THERE IS ALOT OF CONFLUENCE.
UPTREND LINE, 0.786 FIB REGION AND LONG TERM SUPPORT LEVELS.
Nota
Nota
There is a potential of a nice bounce play here ~8-10% depending on how the price reacts tomorrow. Nota
Stop loss at $1.00
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.