VUL could go either way, a nice Darvis Box set up, if pops out the top go long if pops out the bottom well then.... Chart 2 provided below is VUL, note on this chart have included the top traded China Li stocks that I am aware of.
Interesting that whilst Au Li stocks struggled to find direction today, the Asian stocks regained some nice grounds, in fact, Tianqi Lithium posted a nice outside day, and appears to be posting higher highs and higher lows, if manages to pop out the top, the other China Li stocks could readily follow see chart directly below. Chart 2
Now for the full picture we need to include US ETF LIT: At a first glance one would say game over, however I am inclined to believe this could end up being the old and trusted megaphone pattern which is a reversal if plays out, depending of course if gets a bounce from this line and completes once if breaks out the top. Lit PRE market is indicating a bounce, doesnt mean it will hold but end of day will give a clearer picture.
I do not hold VUL just thought I would provide my analysis for those holding, something positive, to assess. I am neither bullish or bearish at this price level could go either way but I do lean towards the positive. Just needs price action to head in the right direction.
Good Luck to holders, and hope it works out for you.
Chart 1 Tianqi Lithium
Chart 2 VUL
Chart 3 US ETF LIT
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VUL could go either way, a nice Darvis Box set up, if pops out...
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Last
$4.20 |
Change
-0.010(0.24%) |
Mkt cap ! $790.3M |
Open | High | Low | Value | Volume |
$4.19 | $4.25 | $4.08 | $993.7K | 238.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | $4.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.21 | 7833 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 4.160 |
1 | 10000 | 4.110 |
1 | 5000 | 4.100 |
1 | 747 | 4.060 |
1 | 150 | 4.050 |
Price($) | Vol. | No. |
---|---|---|
4.210 | 7833 | 1 |
4.230 | 6000 | 1 |
4.260 | 10000 | 1 |
4.270 | 225 | 1 |
4.370 | 6825 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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VUL (ASX) Chart |