ASX:LYC Daily Chart of LYC.
Looks like a trend reversal here for LYC. The price pushed past the EMA 15 today and is holding above EMA 200. Should expect a push back to recent highs. Might take around a month for the play to fully run through.
Classic small cap stock break out pattern..... 3 year base break on volume then pull back and break again.
Could have a small bounce here to resistance.. But overall bearish. See annotations
LYN.ASX Share prices could be heading down to around 9 cents if fails to hold at 13.5 cents support price point.
As demand increases for rare earth metals, deep sea mining gets second look www.japantimes.co.jp