There's a reason I am only a partial position short, it eliminates my threat of any margin calls
I also understand my timing is always off by a handful of days at most a week.
So I suspect whenever I disclose my thesis long or short, since 2021 I have noticed they dont respond the way they used to as I have tilted my acc badly since LOL
As per the hourly chart below,
I am patiently waiting to add another slice to my short position at these levels indicated in the red circles.
Since its coming off the 48.,5c lows into current prices of 52c, this puts the red circles and trendlines as a decent resistance zone where I am happy to add another touch, as I don't see without a catalyst prices hitting 57c where stops would be tested.
It's just been somewhat of a very slow grind, on low volume back to 52c, where there's still overhead at 53c and 54c let alone 57c tops that it made. Hope that makes sense I am surprised a LONG Investor even knows the word "stop loss" as they are just the Buy and Hold Forever type of individuals
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $1.419B |
Open | High | Low | Value | Volume |
48.5¢ | 49.5¢ | 48.0¢ | $3.133M | 6.390M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 90746 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 99161 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8163 | 0.490 |
7 | 115741 | 0.485 |
12 | 526621 | 0.480 |
7 | 262576 | 0.475 |
19 | 281148 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 32282 | 1 |
0.500 | 523484 | 47 |
0.505 | 279912 | 5 |
0.510 | 131170 | 9 |
0.515 | 227206 | 5 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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|||||
Last
49.5¢ |
  |
Change
0.005 ( 1.48 %) |
|||
Open | High | Low | Volume | ||
48.5¢ | 49.5¢ | 48.0¢ | 1634036 | ||
Last updated 15.59pm 17/06/2024 ? |
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SGR (ASX) Chart |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
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