What's going on - a big news on the horizon?.Something is up,...

What's going on - a big news on the horizon?
.
Something is up, isn't it? A very strong play this week against the run of other LI stocks, and gain from 21 to 23.5. Everything is pointing towards something is up. MRE maybe, but a very strong price action. Director buying, very positive.
.
I have been out of LRS for nearly 6 weeks, my last trade was a small gain from 19 to 21. I had mentioned I didn't like the price action. Also I was expecting some financial arrangement, maybe CR. Also I was getting out of most of my Li play as the sector was still struggling. I had written I may get back on news or a good price action. There was a good price action. I was wanting to buy, but had put myself on embargo for more Li stocks unless I see improvement in the sector. For those reading my posts, I have been saying 2 numbers for a long time - 22 and 24. It did both this week - in one go. Caught me by surprise as well - honestly. I was waiting for this price action, and in hindsight should have bought around my old sell at 21/21.5 etc, but I didn't. Oh well, its not easy. Now I wait to see how 24 plays. US Li stocks slight recovery in last 2 days. ALB at a key number I talk about 128. so I am hopeful. And will watch LRS on Monday, the play of 24 and may get in, lets see. If it cracks 24, minimum I feel is 28, but its just an opinion. But certainly looking good for the holders.
.

For those interested how stock is tracking against other Lithium stocks or who hold multiple Lithium stocks, I do a Weekly Report across 96 ASX Li 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/sya-weekly-report.6951924/page-3#post-73667499