LPI 0.00% 56.5¢ lithium power international limited

chart, page-82

  1. 618 Posts.
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    Looking at the LPI chart, it seems there's probably a bit of support around these levels down to around 55 cents. I would imagine we might hold here for a day or two before another potential next leg down. I take my general market feel off the S&P 500 which serves me pretty well. Today that closed flat at just 0.22% down. That was on the back of a 2 month bullish rally in an overall bearish market. For LPI I'm looking for us to head down to support at around 50 cents before the turn back up. I think it important to remember that we are still in a pretty dire state gloabally. I'd wait for some pretty decent confirmation before looking to buy again around these levels and trying to catch that knife. We're still a small cap with enough risk to keep big money out for a while.

    Keep your powder dry.

    https://hotcopper.com.au/data/attachments/4618/4618426-f8aa7bdb9bd9e79901c479b498c3085e.jpg
 
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