General discussion (MEI), page-4549

Another important week coming up for MEI.

The key question for me is - when is it going to 20? After playing for the week, it finally came back on Friday, touching 19. One key announcement around results, another around inclusion in the indices. The momentum is turning, but will it continue to grow, to first cross 20 and then get towards 24 - that is the play for next week.
.
Bottomline around sector is that it is still not doing great. REE stocks again down 4% weekly for this week, 20% for this calendar year. Lithium stocks are coming back recently, maybe REE will follow - lets see.

I am watching on sidelines for now. As I had written, I had exited at 19, my buy was at 18, so nothing much there. Reason I exited - same as I have been writing - it failed to reach 20. It may not mean much to most, but I follow some patterns and I didn't like it.
.
For those interested how MEI is tracking against other REE stocks or who hold multiple REE stocks, I do a Weekly Report across 26 ASX REE 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.
.
.
https://hotcopper.com.au/threads/enr-weekly-report.7575014/#post-72715144
.