Kevi's morning charts 6th Oct
Morning all,
Well what a strong night in the US, should be some fireworks this morning at open! I managed to do a quick chart of the DJIA and how I see it...
Yesterday I posted a chart for the REE stock Lynas Corp (LYC). A few indicators suggested that the chart was rolling over, though yesterday saw a huge turn around. Infact, buying was so strong, we saw a breakout in late afternoon trade. Literally when it cracked the $1.38 resistance, it was on for young and old with buyers chasing it into close (@ $1.41) on solid volume.
Here is the chart.
Another chart of interest
Rum Jungle Uranium (RUM)
Independance Group (IGO) - a friend pointed this one out to me
Unfortunately thats all I have time for this morning.
Good luck today
Cheers
Kevi
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