There was a large sell off in the Global Lithium ET FUND on the 29th of November. This sell off caused a sell off in ASX listed lithium stocks. All majors and juniors made lower lows and neared the oversold territory.
The ETF fund has now bounced and is trying to recover some of its previous gains. The lithium ETF and asx listed co's are positively correlated. the industry leaders have started to recover.
LIT ETF:
GXY
PLS
AVZ
Prior to this sell off ASN was trying to consolidate in the 11-11.5 cent range. Most likely have seen the low's for now and bet once the sentiment change has been noticed all the specs will start to follow the industry leaders.
There was a large sell off in the Global Lithium ET FUND on the...
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Last
10.5¢ |
Change
-0.015(12.5%) |
Mkt cap ! $135.5M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 10.5¢ | $853.8K | 8.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 2655620 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 325000 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| ASN (ASX) Chart |