CXO 5.00% 10.5¢ core lithium ltd

CXO - Chart Thread, page-5454

  1. 2,438 Posts.
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    I totally agree @W3hunter and picked it up as well.

    That also ties in with likely news flow over the coming month in terms of commissioning / resource upgrades / **other** unspecified good news.

    And from a charting perspective, volumes are dropping off, EMA's look to be about to turn, SQZMOM reaching a peak and looking to head the other way. I'm picking Mid March as a major turning point in the company's SP direction / fortunes:

    https://hotcopper.com.au/data/attachments/5078/5078042-2a17e700410ee77bc6822a74b307632f.jpg

    As well as global factors / Chinese shut / slow down over the last few months,
    I'm sure there's been a concerted effort backed by the largest processors in China, to try and push Li prices down (with a little help from their friends ...), but that is a temporary blip and won't help them long term. The simple law of demand and supply will see to that.

    Good things come to those who wait ...

 
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