Daily Discussion, page-6354

Can we crack 4 this week?
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Sorry I asked the same thing last week, it didn't happen. But no harm in making another attempt.
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A topsy turvy week, where eventually many may think we didn't go anywhere. We finished the same as last week at 3.5.

But is it correct we didn't go anywhere? I have a slightly different opinion, something I have alluded in my recent posts. We spent months in 2s, it took us a while to get to 3s. I was expecting a big churn happening here. And this is what I am seeing. I know many want to go to 4, but its equally crucial not to lose 3. We held 3.3 this week, which was positive. Li macro still not doing great and dictating a lot of price action. Some good signs in last couple of days, more in my weekly report, so lets hope we move in due course, hopefully sooner.

So what are the key numbers? Downside 3 to hold. Upside, first key number for me is 4.1, then 4.5 and after that open sky. If we can hold this level where most Li stocks are being thoroughly tested, that will be very positive.
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Personally, still holding from 3.1 which I mentioned few weeks back
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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-73667499