LLL 0.00% 50.5¢ leo lithium limited

Charts, page-572

  1. oke
    3,489 Posts.
    lightbulb Created with Sketch. 910
    I think we're in for a rebound and continuation of the uptrend
    From my watch screen a lot of the top tier lithiums gainers of late got sold down ,,, so nothing stock specific just end of month profit taking after a stella month - ( both of which seemed plausible in the midst of December with all the OTT doom n gloom especially from GS & brethren.)

    The LLL chart and a lot of others were really nothing more that technical selling ,,, so specific were the TA support and resistance levels adhered too that any idea that it was fundamentals is out the window on any number of stocks with regard to yesterday that is.

    The quarterly was solid... and more assays released when available.
    Think they mentioned looking to accelerate DSO through innovations.

    Charts looking good.
    MACD continues to rise
    The volume towered over the volume bars that preceded it which in this situation I view as a 'cleansing' and welcome and clears the path a continuation of the uptrend imo.
    In order to keep the chart 'clean' I didnt include a fibonacci over lay but suffice to say its certainly guiding price action accurately on many different price intervals. https://hotcopper.com.au/data/attachments/5014/5014639-2ba343c5aa388856217210ab08387b35.jpg









    Last edited by oke: 01/02/23
 
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