Yes. Volume of sellers has dried up at the current price. When volume is so low swings in the share price don’t mean much ie it doesn’t take many new sellers or buyers to cause large swings in the share price. So it can go either way really. Better than relentless selling pushing the price further down. Hopefully this level holds and we start to make steady gains with improved Li sentiment or some positive news.
GLTAHs.
ESS Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held