AKE 0.00% $9.83 allkem limited

I got it wrong too. Thought 1147 was likely with bottom being...

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    I got it wrong too. Thought 1147 was likely with bottom being 1119. Have 1103 and 1073 marked as well but didn't think they were at all likely. Got PLS marked at 377 with an outside of 367. So PLS is in range but bought back AKE way too early average I think is around 1135 to 1140

    This drop creates a tricky issue as AKE has now moved firmly back into the down channel, but the 38% retrace 1073 and a low of 1086 is probably close enough. So had I got the target right I would have been buying now. Other Li shares I am tracking are giving off reversal (up) signals for the day ... so... Issue is going to be where it gets to on the bounce back. It has gone far enough to satisfy the immediate retrace pattern, but it has also gone too far in one day. Not sure how to read it yet. I expected a pull back over time to around here, but not all in one day. China is lifting ATM, so that should influence things a bit.
 
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