Very concerning play now happening..Yes AZL dropped from 1.8 to...

Very concerning play now happening.
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Yes AZL dropped from 1.8 to 1.7 from a weekly perspective. But reached 1.5 this week. so broke 1.7 support. Looking vulnerable.
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So what is happening? At this playing the sector, mostly. LI sector is in its worst phase currently. If one were to look at sentiment, I report Sentiment Indicator, we would need a new indicator - Extreme, Extreme Fear. Its really bad. Full stop.
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From AZL perspective, Brett is gone, don't know what's happening. Can we carve our own path or will follow the sector? My gut feel is sector, unless we get a ground breaking announcement - like big finance partner etc. Till then I feel we may have to overcome the uncertain times.

For those interested how stock is tracking against other Lithium stocks or who hold multiple Lithium stocks, I do a Weekly Report across 90 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-75059145
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