Back in. Yesterday sold 1/2 at open and 1/2 at $2.51.
Was alluding to this forum ref retrace. GanFeng Lithium dropping 7.5% so all lithium stocks get hammered.
Had my $2.32 order filled. Given VWAP is around $2.40 mark, won't be surprised to see sp heading towards the 'now' ceiling at $2.36 area.
Fully acknowledged that the gap at $2.27 may get filled but happy to loose a few pips to get in today (as it was oversold) and getting ready for the next catalyst ann (mind you POSCO ann could be around the corner).
I'm sure after yesterday run up with BMX result, traders will front run this stock a few days prior to the 3rd BMX auction. Best to get in at least 1-2 weeks prior to the scheduled date, all IMO.
cheers
JM
Ann: Results of Second BMX Auction, page-208
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$2.67 |
Change
-0.010(0.37%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.72 | $2.63 | $51.42M | 18.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28879 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 287620 | 11 |
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