What happened to the volume.Yes, we had one of the lowest volume...

What happened to the volume

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Yes, we had one of the lowest volume for a long time. Looked like a stalemate between buyers and sellers.

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The only positive for the week? We finished higher that 4.5 of last week. And maybe another one. It looks like sellers have dried up. Not many want to sell at this level. Of course buyers haven't stepped up, but good to see that those desperate may have exited.

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So what is happening, why we are playing this zone. It looks to me as consolidation. Drilling to start soon. It is looking for a catalyst to go higher. Most who want to play out are taking places. Others looking for catalyst. It will come, soon. Time to take position.

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For me this is a 3 month play. I do play a number of Li and Ree stocks that keep me on toes on a daily or weekly basis. Here I am hoping for a steady gain, and a big one if what Damon is saying will play out. No guarantee, but I feel probability is on the good side. Hence I am here.

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So what will happen next week? Not sure, in stalemate zone. It will depend on punters. But it will still be good to finish in green, in 5s if not 6s. Downside to hold 4.3. Let's hope it happens that way. All the best.