General Discussion, page-499

Li in a mini meltdown

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Yes, ESS slided down along with the market an Li stocks. On a decent volume of over 8m shares traded, it lost 6.5c to finish on 54.5c

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ASX Lithium stocks were in a melt down. Of the 31 stocks I track, average decline was around 8%.

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ESS has fallen below 60 as well as 55. Previously, 52c was a support line. Something to watch on further decline.

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What next - A new unknown territory. Don't know what will happen. Many support have been broken. Sentiment very poor. Li macro though is still strong. Let's hope it pulls us out of this mire. All the best.