MLS Weekly Report, page-14

Weekly Review Li Stocks - 13th May 2022

Here is the weekly review figures and charts that I do every week. It is useful only for those interested in trading or those who hold multiple shares and based on performance would like to keep re-balancing as we go. I do hold a number of Li stocks and like to trade. This is the reason I include a number of Li Stocks in my analysis.

Please note:
This is no reflection of all AU Li stocks as I have only included those that I am interested. In my list are shares that I hold, held before or planning to buy in near future. Since this is my list, I may have missed some good stocks. The averages are simple averages and not weighted averages. So the average don't reflect AU Li average. This is just for my tracking and analysis.

This week I have not added any new stocks. So my list has 31 Lithium stocks.

.

There are two figure tables.

• First shows the Share Price on Weekly, Yearly basis including drop from 52 week high price
• Second is my Diary, my holdings, buy price etc

.
Format Changes for Diary This Week

• Column 1 - I am expecting a Moderate Recovery this week - My expectation of SP to reach for each stock
• Column 2 - If there is a Good Recovery this week, I have target prices
• Column 3 - My holding on Friday for Trading Shares
• Column 4 - My average buy price of Trading Shares. I am down in nearly all trading stocks as of Friday as stocks fell more than I expected
• Column 5 - Whether I have Long Holdings in the share (those shares that I will not trade for considerable period)

(I have no target price for decline, they were all met last week. But we never know where the bottom is).
.
Caution around Diary - This is just my opinion/plan. Probability wise one person can be wrong many times, even all the time, so please use information accordingly
.
Something to keep in mind this week:

• Stocks are in constant decline and we are in severe downtrend
• Many stocks have lost 30-60% from their highs. Its also true for US stocks. Many stocks have to rise around 100% from here to reach their ATH
• Last 3 weeks we lost - 6%, 12% and now 13% - This is the worst streak since started doing weekly reports
• Bear pundits still predicting more downturn, but many feel stocks have fallen enough and absorbed most losses for this phase by now

.
Something Positive:

• Stocks have had heavy decline. So even if this is not bottom, lot of losses are already factored in the stocks. So they should not fall much even if stocks decline
• Friday seemed to be like a turning point across the board - yet to be confirmed though
• Although we may have some rough sessions, expectation is that for the week we should be ahead of where we were last week, hopefully

.
.Here is the Figures for the Week:
.
.
.
DIARY - Price Target, Average Buy Price for Trading, Whether holding Long Shares
.
.