The run from 35c has re-started
Yes, ESS had a very strong day to finish 5.5c up on 66c. The volume was lower than other days, around 5.7m shares traded, Our VWAP average was 65.6c, so a fair finish on 66c.
ASX Li stocks were again on decline. Of the 31 stocks that I track, average decline was just under 1%. We gained over 9% to be the best performer of the day.
To me its clear, the run that we saw from mid 30s has begun again. There was a pause, all this take over talk, but we are back in business. Today's trading has sent a message - someone is accumulating, and they will do so, irrespective of market conditions. First target is to make a new ATH.
What next - We are looking strong and the big traders are with us. They will take us. Don't know what their target - but has to be good. Lets hope we continue our march forward. All the best.
The run from 35c has re-startedYes, ESS had a very strong day to...
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