What you show is the same as what I talked about, hitting the lower bound of the tunnel and rebound. So when you say "my chart", I thought you have got a different one, but it's actually a very standard chart analysis. That's why I was confused with your analysis of selling at this support level. Although it's still within the downtrend, but PEA may help break the tunnel when it's released at the right time (say when sp is back to the upper bound) to form a breakout (if it happens, the chart will form a W support for the next run). Of course I am not predicting the price, as it's impossible to do so. I just cannot understand why you're always thinking one way not the other. You may have a right prediction by chance if the lithium price keeps falling, but your prediction should not be just for Latin, it basically applies to all lithium stocks.
LRS chart, page-6197
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Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 16.5¢ | $1.608M | 9.399M |
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No. | Vol. | Price($) |
---|---|---|
26 | 2237794 | 16.5¢ |
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Price($) | Vol. | No. |
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17.0¢ | 250000 | 1 |
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24 | 2220673 | 0.165 |
21 | 1498818 | 0.160 |
7 | 720812 | 0.155 |
19 | 872117 | 0.150 |
4 | 730000 | 0.145 |
Price($) | Vol. | No. |
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0.175 | 673776 | 7 |
0.180 | 915872 | 7 |
0.185 | 817682 | 12 |
0.190 | 702951 | 11 |
0.195 | 396592 | 6 |
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