Flag and pennant formation now broken. The SP is rising stronger than I expected today with lines of resistance being taken out.
Need to close above $2.20 mark for a gap up tmrw to take out $2.24 first resistance then 2nd resistance at $2.34. If this is taken out then we are really into blue sky to take out $2.45 the 3rd resistance level.
Still holding onto my PLS and ORE and rising tide will float all other lithium stocks.
GLTAH. Insto are picking up cheap stocks in anticipation of a few catalysts incl the BMX pricing tmrw plus hopefully more news from POSCO.
MIN selling down last week was supposed to be a non-event as we didn't have a CR. Those who got a piece of the action are in the long haul and sitting on nice small profit now.
Current lithium market reminds me of the uranium frenzy when PDN and the likes are running like crazy. Producers are best as there is better risk vs reward. By the time stocks like AVZ get production online (considering sovereign and funding risks), spod would have fizzled.
GLTAH.
Flag and pennant formation now broken. The SP is rising stronger...
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Last
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716181 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 235000 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |