WR1 General Discussion, page-24628

Today I bought a fair few WR1 at average 76c.

.

I exited long time back but have been writing on a somewhat weekly basis, including the reason why I was not buying. After watching for some time, I feel the risk reward from here is not bad. Li sector sentiment is very pessimistic, and based on what has happened for sometime, I am going to play with soft hands. If it gets to 76 again, I may exit and wait.

.

So why did I buy today? First is risk reward, which I mentioned. Secondly, I feel Li stocks maybe bottoming here, another 10% play possible. I can't pick the bottom, so started buying. Based on what has happened for sometime, I could be completely wrong though. Thirdly, before today, my portfolio was 60% Uranium. It has made stellar gains last few days, I exited around 80% today with very good gains. Could be a very wrong decision as that sector is in euphoria state, but let's see. So I had some coins today.

.

So what are the key numbers I am playing. On weakness, hold 70,but have mentioned 76 for my play. On recovery, get over 100 and test 112. Will that happen? Let's hope so. Enjoy your weekend and all the best.