Daily Discussion, page-7248

A big week coming up, can we hold?
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Li sector seems to be in some strife. It leads to dragging down most Li stocks. RDN may also get affected.
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Yesterday, ALB made a new 52 week low below 106. Not a good look. Many other Li stocks made fresh 52 week lows. This is not a good phase for Li stocks. Reminds me of June 2022, around this period where we saw big drops in around June 20/22. Will history repeat? Time to be cautious.
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Personally, as I wrote couple of weeks back I exited my holding from 2.7 at 4.7. Waiting for re-entry. Watching. There is abig potential. But we can't ignore macro. Lets hope we get a balance somewhere.
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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 91 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-74334192