Break out upwards or Downwards????, page-2

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InItEarly

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26/01/23

19:03

Post #: 65896666
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Originally posted by asxtrader007: ↑

Do we think we will break to the upside or downside and when?

The sideways action keeps it a little interesting. The manipulation seems to be keeping us downwards, with stops at 74 and 75c in play.

For me the next week will see us break to the upside, RSI back higher above price action, the 20 day moving average coming into play.

looking at the Global Lithium index it’s on a tear upwards which should see Lithium stocks continue their run upwards.

It’s an exciting time to be in ASKARI with drilling about to start on another new project and drilling results due on another. We have seen some big runs on lithium stocks of late, WR1 continues its run upwards and to me this proves any price is possible with Askari if results are favourable and as the coke to life.

38million market cap I expect a big rip on pricing very shortly. To what price, first stop $1.10/ $1.20 then it’s anyone’s guess where we head from there.

Share your thoughts on the next move!

Happy Australia Day all, off to have beers!!!!

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Upside.

On results from Namibia.

Then rerate.Instos don't start buying in for no reason.

Then probable cap raise or strategic partnership to go full tilt at a mine there.

Periodic rerates as a resource is defined. Spinoffs with inspeccies allocations to new companies for shareholders.

Check out to my own pacific island somewhere.

YMMV. Not advice.

AS2 Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
9 Upvote

2 Great analysis

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(20min delay)
Last 0.7¢		Change 0.001(16.7%)		Mkt cap ! $2.829M

Open	High	Low	Value	Volume
0.6¢	0.7¢	0.6¢	$9.607K	1.384M

Buyers (Bids)

No.	Vol.	Price($)
4	683946	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	525801	3

View Market Depth

No.	Vol.	Price($)
4	683946	0.006
21	6035349	0.005
9	5141100	0.004
5	4533336	0.003
3	2300001	0.002

Price($)	Vol.	No.
0.007	525801	3
0.008	6547776	4
0.009	2741210	3
0.010	2579500	5
0.011	1250000	1

Last trade - 14.06pm 02/07/2025 (20 minute delay)

AS2 (ASX) Chart

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