I noticed that 22.7 is both the high from the April 2022 pump as well as the 61.8 Fib on our recent run up (from 10.5 cents to 42.7 cents).
61.8 retrace is a common retracement point so perhaps we have already found a bottom (although given how bearish the macro is, I wouldn't be counting on it).
I've lost count of the number of Li stocks finding 12-24 month lows and then managing to go even lower after a few days.
PLS tested it's 4$ support again today and passed the test.
In terms of upcoming data points for Li stocks - I'm wondering when Chinese spot will start trading again. I'm assuming not until next week if all of this week is a week long chinese public holiday.
I noticed that 22.7 is both the high from the April 2022 pump as...
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 (20min delay)
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Last
20.0¢ |
Change
-0.015(6.98%) |
Mkt cap ! $559.8M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 19.5¢ | $1.518M | 7.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 424300 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 174191 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
19.8¢ |
Change
-0.015 ( 6.93 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 20.8¢ | 19.5¢ | 4102438 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| LRS (ASX) Chart |