ESS 0.00% 50.0¢ essential metals limited

ESS Chart, page-319

  1. YLJ
    819 Posts.
    lightbulb Created with Sketch. 870
    https://hotcopper.com.au/data/attachments/4233/4233376-9814224e1fa3b163f538fff24390b0e6.jpg
    A classic boundary retest today and decent demand to pick it up,
    though ESS is today lagging all the other lithium plays with only
    a 0.86% gain as I type.
    After this "confirmation" I've moved my stop to below the boundary
    and reduced risk from 100 to 29 basis points.
    Probably not the best strategy for long-term holders, but for a trader
    like myself, knocking down my average loss size does wonders
    over time for the metrics that count.
    GLTA

    Last edited by YLJ: 04/04/22
 
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