SYA Weekly Report, page-217

Weekly Review Li Stocks - 21st Mar 2025

Here is the weekly review figures and charts that I do every week. It is useful only for those interested in trading or those who hold multiple shares and based on performance would like to keep re-balancing as we go. I do hold a number of Li stocks and like to trade. This is the reason I include a number of Li Stocks in my analysis.I also have performances of Li stocks for 2024 and 2023 - for those interested in looking at longer term view.

Please note:
This is no reflection of all AU Li stocks as I have only included those that I am interested. In my list are shares that I hold, held before or planning to buy in near future.Since this is my list, I may have missed some good stocks. The averages are simple averages and not weighted averages. So the average don't reflect AU Li average. This is just for my tracking and analysis. I have both ASX and US stocks in two separate figures.

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Please note that all my analysis are from a trading perspective looking at short-term view.
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This week I have not added any new stocks to list, so my list still contains 90 stocks.

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Lithium Sector Overview -
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SYA had a small drop on the weekly, from 2 to 1.9. Really not much is happening and its playing around this level for several weeks. Needs a big catalyst or a strong Li macro to pull it away from here.
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Major price action indicators are mixed -

• ALB - had a small gain of 3%, moved from 75.23 to 77.56
• Ganfeng - Loss of around 6% for the week, a somewhat big loss - Tianqi too lost around 4%
• PLS/LTR - Both gained around 2%, similar range to ALB
• Spot Price - Down slightly for the week, I think around 0.7%

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So what do these numbers say? Last week I wrote I felt the sector is reaching another indecisive state. This week I still feel the same. Last week I wrote - "Most US and ASX Li stocks are much closer towards their 52 week lows. So best play still, as I have been writing last few weeks, is Chinese Li stocks to take the lead, US/ASX Li stocks to do a catch-up". There was a strong intent. PLS reached around 206, LTR around 76. But the move could not be sustained. PLS is back at 185, LTR at 66. So we need another attempt. Chinese had to keep towing along and US/ASX to catch up. ASX/US moving up slightly, but Chinese Li now coming down - something didn't want to see. They have been strongest. So if they show any weakness, the path to reversal may not get easy. So we wait.
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So what may happen next week? On Friday, US Li stocks had a mixed day, no clear direction, some Li positive, some negative, small percentages. General markets were also nearly flat except Nasdaq. So a tentative start on Monday, and then wait for Chinese stocks to provide direction.
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Here is the Figures for the Week:.
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Figures for US Li stocks
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