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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.