General Discussion AGY, page-20534

Around these price levels people tend to get FOMO and buy in.

I think nows not a bad time considering how low we are, but if you want more certainty and wanting to buy in later after a bit of derisking i don't think you should worry you'll miss out.

Here's a case study from your boy Jez:

Last bear run from 2018-2020, we didn't enter a bull phase until the minute the Monthly MACD reached positive (green). A bloke on the forum called W3Hunter came on the scene and said the daily, weekly and monthly MACD turning green all at the same time would catalyse the beginning of a wonderful bull run (and it did).



As you can see we haven't even reached the light red phase, let alone ending the continuous dark red MACD bars.

Secondly: Just like in 2022 when spot price started falling, we had about 2 months before it started affecting our share price (that was 2 months to realise we should sell, arghh why didn't i? oh yeah, because JZ said "Imminently")

So in 2020 after 2 years of prices tumbling, spot prices started rising in at the end of August 2020.



But it didn't start affecting our share price until November 2020.



To be honest i think our share price will be a bit more reactive to lithium pricing with less of a delay now that we have a futures market for lithium, but i still think due to the signalling of the Monthly MACD being still in the dark red stage, i don't think we've seen the bottom yet (unless Jerko announces tomorrow that virgin mother mary has had another baby).

Let's see if Jerko derisks this for us a little with progress from Pablo, and reassurance of strategic partner still in place and no capital raise. So far the signals have not told me to buy, so i shall wait.

Cheers, hope you liked the case study
- your boy, Jez.