LRS General Discussion, page-18133

Playing with weakness?


An important week coming up, not only for LRS but most Li stocks. ALB did a new 52 week low on Friday. Very weak. Sentiment not great. A test for most Li stocks, including LRS. Lets hope we hold here. If not 17.
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Personally I exited a week back at 25 as I wrote last week. Someone wanted a confirmation in real time. Its not important. Look at my post as an indication of what I am feeling instead of something like a tax return for ATO to grill. And look at broader picture across weeks and months. . For so many weeks I have been writing that I have held, even when price came back to my buy level. My buy was 23 as I have been writing. So not much gain there. I like the stock but cannot ignore short-term signals. I hope people understand rather than bashing me up for selling. I wish you all well.

For those interested how stock is tracking against other Lithium stocks or who hold multiple Lithium stocks, I do a Weekly Report across 91 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.
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https://hotcopper.com.au/threads/sya-weekly-report.6951924/page-3#post-74334192