AKE Chart, page-1977

9.5 times out of 10 "the sheep" of world stock exchanges, the ASX, follows US listed stocks up or down. If you have done any technical research you would find that AU lithium stocks track the NASDAQ but more closely track the US listed stocks in my post. AU lithium followed the US lithium stocks down the last couple of weeks but have not retraced the up of US lithium stocks that eventuated on Friday night.
Reading up on why, I discovered that the American institutions pulled back funds from our aussie lithium and other assets to throw into US bonds for what they see as a better return. The turn around Friday night looks like they got it wrong (US inflation number stabilised) so they threw it at US lithium. That money should return here, so I purchased some AKE, PLS and LYC. Tidy profit this morning but I did purchase LYC and AKE again and will sit on them waiting for Musk to announce a robot for every home