LYC:ASX - LYNAS CORPORATION - Rare Earther back at highs

Lynas is back at old time highs after a strong bollinger break with growing volume. I like that they announced earlier in the year that they have a contract signed with the US Department of Defense for Phase 1 work on the proposed U.S. based HRE facility. Might be a bit overbought now looking at the RSI, but rare earths does seem to have some interest at the moment so could be worth a watch.

Previous highs:

Commentaire:

Strong run.