Don't shoot the messenger !!!. My reading of the chart is that after making a double top at around $1.25 (with RSI divergence) the script has commenced a downward trend. It has rallied at specific fib levels (around $1.04, .90, .81, etc on a daily chart) and is likely to hit the 50% fib retracement at $0.75, where it may find additional support from the 200 MA. This may not hold as the script has formed a bear flag pattern and the RSI is below 50. Important levels to watch are $0.75, $0.69-70 and $0.61. if it breaks below $0.61, the next target is $0.51. Considering that large brokers are anticipating a downtrend in Lithium pricing the above scenario has the potential to play out. In the interest of complete disclosure, I sold at $1.23, bought at 0.93 sold at 0.95 and I am now sitting on the sidelines and watching the chart.
PLS Charts March - on topic new thread !, page-605
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Last
$2.98 |
Change
0.110(3.83%) |
Mkt cap ! $8.969B |
Open | High | Low | Value | Volume |
$2.99 | $3.10 | $2.95 | $98.90M | 32.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 16986 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 175531 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10510 | 2.970 |
8 | 39383 | 2.960 |
14 | 24870 | 2.950 |
4 | 22003 | 2.940 |
5 | 133155 | 2.930 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 2500 | 1 |
2.990 | 500 | 1 |
3.000 | 120270 | 5 |
3.010 | 24132 | 5 |
3.020 | 21979 | 5 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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