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PLS chart, page-11851

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    I mentioned in another post that I like to compare price performances from a common starting point
    The following chart uses median prices (with actual prices, NOT SHOWN, being above and below the depicted trends.)
    Smoothed comparative trends, for me, eliminate the emotions produced by volatile actuals.
    Some lithium stocks appear to be out-performing others.
    Why ?

    The chart is no way intended to be advice to buy, hold or sell.
    It is simply a research tool which I personally use to help decide portfolio weightings.
    As yet I've not found a way to use Excel to show log scales.
    When I find a way I will re-chart the trends.
    The relative strengths should not change.
    The shapes should change.
    But not the directions.
    If I am right.

    Again don't take what I do as advice.
    I am perfectly capable of being late or wrong when buying, or holding, or selling.
    Does anyone else use smoothed trend strength comparisons, as a trading tool or for weighting decisions?

    I hold some but not all of the stocks, charted below. They are for personal comparative purposes.
    So please do your own research and due diligence, at all times.

    Comments welcome.

    https://hotcopper.com.au/data/attachments/4949/4949990-718e5f4626b1dedcbdaaa56080f3c4ef.jpg




 
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