I had many chances to exit this stock and break even, but I was silly enough to believe all the narrative that the technical chartists were saying... wave c, cup and handle,... FIB retracement, MACD reversal and it might trigger a short squeeze.
The only upside I can think now is either resource grade sometime later this year or Li Spod conc spot holding above US$3k/t avg through the end of the year.
Or maybe shorters start profit taking... will there be more downside... well CITI and macquire/ GS all baked in lower lithium prices with global supply ramping up..
Banter and general comments, page-29637
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $536.3K | 4.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 4283334 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1066000 | 5 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |