LRS General Discussion, page-19422

Last week I wrote - "Li sector in slightly bullish mode. I feel next week will define what's going to happen in medium term (next 3 months). If Li sector can hold this levels, odds are not bad. If they build on this, odds will considerably increase"
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So what happened? Although this week was consolidation zone, but on Friday US Li stocks had very good gains. I can now say LI sector in "decent" bullish mode.

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LRS has to build now. This is the time. Big, big news on Friday around RIO. Things are hotting up. LRs may play the PLS play. Which may not be bad. Numbers I am watching, 20 ad 24.
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Personally my average currently 20, lets see.
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This is what I wrote in my Weekly Report for Li sector, anyone wanting to know more about how 90 Li stocks have tracked, general market behaviour, other sectors, please look at my other posts as I post the Weekly Report on one thread.
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• Lithium Sector overview - Last week I wrote that Li sector has been giving positive signals for a few weeks, and many Li stocks were above 30% from their lows. We didn't build much this week, as it looked like consolidation was in play this week. But on Friday, US Li stocks had a big gain on the back of some news. US Li stocks I track gained 8% for the week. Last week they gained 15%. So back to back strong play. ALB has reached 102. I have been writing for several months that ALB has to get over 106 for confirmation of bottoming and reversal. Its close now, but not yet reached. Ganfeng has to get over 36. That too is close. So odds of a recovery have improved further this week. I track 90 ASX Li stocks in my weekly report. This is 4th week in a row we are in green. This hasn't happened in a very, very, very long time. So chances of further improvement have significantly increased. But it still needs to happen. Many such hopes in the last couple of years have been dashed, so it can happen again that we are not able to build and slowly drift down. Odds of going down is lower though. I am playing big in LI stocks currently. I was playing Uranium for last couple of months, they had a rise of around 50%, so have taken some off there and put into Li. First time in over 2 years I am having double digit Li stocks for weeks now. This week is crucial. Even if we don't gain, we can't afford to lose, small is ok but not big. So important week for Li punters coming up