AZL General Discussion, page-20771

Another day of weakness

No major change but we did finish at 2.4 on a low volume day of 8m shares traded. Oppies too 1 pip down at 0.6.

Yesterday US markets didn't do well. US Li stocks had a bad day. Today ASX had a bad day, and most stocks were in red. Many ASX Li stocks were again in stress with many making fresh 52 week lows today. In that context I feel it was expected what happened today to us, though just below 2.5, but still in the range.

Personally picked some oppies at 0.6, now my oppies average is 7.5. The way its going it looks far way off. But things can change, so lets see.

So what may happen tomorrow? US markets had a decent sell last 2 days. Opinion is divided at this stage. Many thinking big falls may come. But some divergences are happening, so some chance of reversal. Li macro/sentiment still very iffy, but its come a long way down, so hopefully some bottoming happens at these levels. Lets hope we get a bright green day tomorrow. All the best.