Will we make an attempt at 28 this week?
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A very good week where we finally got over our key resistance of 24, a number I have talked a lot, after 4 months. So very positive. From a weekly perspective moved from 23.5 to 26, touching 26.5. There is an obvious play now - 28? Will it happen this week?.
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I have been writing that something is in the air. Li macro is in neutral state. That by itself could have driven us from a play of 17 to 26 in a month. What is that? Many have a clue, so lets see if something happens on that front. The only thing to watch is that it does not become - buy the rumour/sell the fact. But the message is good, I feel that may carry more weight. So lets see, an interesting week coming. Lets hope Li macro is at least neutral if not positive, that will certainly help cement the gains.
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Personally as I wrote yesterday, I have picked up at 23 for this phase. If 28 is looking like getting over, I will add some more.
For those interested how stock is tracking against other Lithium stocks or who hold multiple Lithium stocks, I do a Weekly Report across 96 ASX Li stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.
Here is the report for this week.
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https://hotcopper.com.au/threads/sya-weekly-report.6951924/page-3#post-73780514
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $532.2M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 19.0¢ | $2.403M | 12.08M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 426200 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 953934 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 343585 | 0.190 |
12 | 3080228 | 0.185 |
18 | 728724 | 0.180 |
4 | 116171 | 0.175 |
5 | 305000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 483590 | 5 |
0.200 | 700000 | 4 |
0.205 | 1154250 | 8 |
0.210 | 1474188 | 24 |
0.215 | 1252050 | 14 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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