I did exit at average 60 (sold above and below) so lost 2c.But I...

I did exit at average 60 (sold above and below) so lost 2c.

But I have bought back at 54, so my effective price is 56.

Its still looking very shaky. Li sector is in turmoil, many ASX Li stocks making new 52 week lows today. ASX was in big red. US Futures are in red. So not looking great from macro perspective at this stage. If overnight does not go well, I may get out again and wait around mid 40s, or buy back at this level if it returning after doing some low (in case it does not reach mid 40s, so will buy back around my sell level). By the time I have my final buy for keep, I would have lost 5/6c I am thinking, but the market is such that anything can happen, so playing with caution.

Why mid 40s? On Dec 3rd I wrote this, price at that time was around 75 -

Downside, needs to hold mid 60s. I am not a gap player, but some do - we did jump from 46 to open on 54 next day, touched 53 and since then stayed above.

When I wrote this, I was not thinking we will really reach there. At that time I was playing with a small holding after my major out earlier. We are actually now so close that I am thinking many who follow these patterns including algos could play around that - if we have further weakness. So lets see. The way the sector is behaving, I am not sure any decent news will make big impact, it has to be some spectacular news. So technicals and macro may be in control for now. Lets hope we see some bottoming soon. All the best.