Do we need a catalyst?
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Not a great week, but still on the usual trading range of sometime. Overall following Li macro and how other Li stocks are playing. So we may need a catalyst - an announcement - if we want to get out and play our own game. There are few things that can happen, so we could be surprised, but till then a waiting game and playing macro.
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Key for us is to get to 2.9 first, which brings us to neutral zone. Last week at 2.8 we had a better chance, still we couldn't do it. This week we are again playing the 2.5 game, so much harder task than last week. But one never knows, one good strike can make these plays very different. It will happen, not sure about the timing though. Also would want Li macro to be neutral or favourable. Currently that too is in an iffy position - so best to play price action, which I am doing - selling some and waiting, which I have also done for AZL, but did pick some oppies at 0.6c this week, though not much.
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For those interested how stock is tracking against other Lithium stocks or who hold multiple Lithium stocks, I do a Weekly Report across 96 ASX Li stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.
Here is the report for this week.
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https://hotcopper.com.au/threads/sya-weekly-report.6951924/page-3#post-73029125
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $88.36M |
Open | High | Low | Value | Volume |
2.3¢ | 2.5¢ | 2.3¢ | $143.4K | 6.055M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2326882 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 839775 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2326882 | 0.023 |
25 | 3633955 | 0.022 |
16 | 2685523 | 0.021 |
33 | 5765550 | 0.020 |
9 | 2539154 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 839775 | 8 |
0.025 | 3968829 | 22 |
0.026 | 2224487 | 13 |
0.027 | 1916614 | 7 |
0.028 | 1733759 | 16 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
2.3¢ |
  |
Change
0.001 ( 4.55 %) |
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Open | High | Low | Volume | ||
2.2¢ | 2.5¢ | 2.2¢ | 4037291 | ||
Last updated 15.59pm 29/04/2024 ? |
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AZL (ASX) Chart |