AZL General Discussion, page-9117

Sooo

1. Most of the Li stocks are in the momentum range of 33,38,40,48. I am talking about LKE,CXO,CRR,LTR etc. AZL is at 27RSI. Way too oversold.

2. Today it bounced off 200 SMA at 10.5 Cs to 11Cs, so that would be Imp to keep an eye on.

3. Most lithium stocks forming IMO inverse head and shoulder pattern. The recovery or bottom would be V shaped IMO. See below AZL as an example.

4. Fed rate hike is anticipated that is 50 basis point. Any new economic outlook if will not seen as further bad has been already accounted for IMO.

5. As mentioned before LI is rising to 474000 yuan per ton.

6. China is setting to get open slowly.

Yes, you are right, you cant predict the market especially the US Ukraine Russia, China, inflation, Fuel price etc but I am taking it positive, first strong support of 10Cs. take it this way.