Daily Discussion, page-7451

Well - is something brewing?
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RDN after playing with weakness and moving towards mid 2s, finally decided, it wants to play in 3s. So after testing 2.6, a much better play in the last few days.
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I have been playing RDN for a long time now. My last play was from 3 to 4.8, before that I exited in 7s. So as one can understand, I follow it daily, nearly every trade. This week I thought was positive. Why? RDN play, first crucial thing is to get out of 2s and start playing in 3s. It did that. I don't think its a decisive move though. But lets see.
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Personally, I bought some RDN at 3 this week. I always like to play from 3. But I bought only a small amount - 20% of what I normally play. Reason being two fold - not sure of a break out, secondly, Li macro still playing weak. Not sure if it continues to play weak. So watching, but like the play, for now.
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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-74533365