IMO, we are starting to see a change in sentiment. The near double bottom with confirmation of support and uptrend shows that the ship has started to turn and in the uptrend.
Last few trading session with green candle finished by an engulfing green, plus now Chilean news, quarterly on Thu 27/04, and stabilization of Li carbonate prices in the Chinese exchange means that we are in for a good run next week.
I can see we testing ATH very soon when Li price starting to trend up.
IMO, similar pattern occurring again like the last downtrend dipping from $4 to $2 then hitting ATH around $5.50-ish. Now the drop from $5.50 to mid $3 and trending up again. The $4.10 is the magical ceiling and let's close above that for confirmation of the short term up trend!
Time to buckle up and enjoy the ride.
IMO, we are starting to see a change in sentiment. The near...
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Last
$2.90 |
Change
0.020(0.69%) |
Mkt cap ! $8.732B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 314863 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 20820 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |