This week could be a decisive week for us, can we continue on...

This week could be a decisive week for us, can we continue on the strong momentum, or inclusion into indices puts a pause?
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Why do I say decisive? It reached one big number 75 - CR price. It made it to indices. So in one way, it has clawed back all it lost in the downturn to 36.5. What does it mean? That it is in an uptrend. A good time to be in Li stocks, a good time to be in WC8.
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The way sector is going, including big gains made by US Li stocks on Friday, continued increase in spot price, I would be surprised if we don't play 85 next week - its possible, profit taking, some correction etc. We can never predict accurately what is going to happen. No one can. I have seen stalwarts of Wall Street fall flat on their face - the biggest known names got it completely wrong. Just shows its not easy. Just shows that we can also get it wrong. Best is to follow price action. Best is to follow probability. And at this stage, the probability and odds to go higher is more than to go lower. Lets see if it is validated this week.

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-72715031