CXO 0.00% 14.0¢ core lithium ltd

Yep. Your doing real fine mate. Sharpen your pencil a bit so...

  1. 2,979 Posts.
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    Yep. Your doing real fine mate. Sharpen your pencil a bit so it's thinner, that's all tongue.png. From the all time low to high the 61.8% fib is 16.7c. Woody has a good point about where you take it from but we will see where the algos think it should be in the coming days.
    Nothing looks good on my chart sorry to say. It's a H&S and we are breaking the neckline now.
    TDI is negative (although we may see a bit of a bounce from these extreme lows.) But its looking pretty smoothly downwards at present.
    Williams is still in sell land.
    MACD the same.
    I got two sell arrows on a couple of other indicators I put together. Yellow is an early one and pink is a very low risk one. They are 80% odd accurate.
    Bit of a squeeze going on with Bollies and Keltner (green candles) but nothing says it will break upwards.
    Only positive is the DDVI which is still positive but it is also shrinking. It could retest the 50EMA from here but it must hold. It's got 3 resistance lines and 2 MA's directly above and clean air below.
    It has a test of 14c support and fill the gap written all over it technically in my eyes.
    To be brutally honest I could not buy this here. I am getting no signals at all. And no news very soon to help.
    Fundamentally brilliant. Technically Scheiße!
    But......I have seen things look awful before and suddenly turn around and negate everything I just said. I hope my analysis is very wrong. I am no guru.
    (sorry about the big font etc. From my laptop settings not my big screen to help my ageing eyes, so it doesn't copy well).

    https://hotcopper.com.au/data/attachments/2988/2988998-c91b499ff6007d5de9b01df5ede873a5.jpg

 
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