XSO 0.54% 2,904.3 s&p/asx small ordinaries

The Brains Trust - 2024, page-1727

  1. cha
    5,815 Posts.
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    nst and lyc reports are encouraging and on my list to buy more at right time
    lyc trend is still down and would like to see a hammer with volume

    lithium reports suggests bottom is in
    may be right but ...trend is still down in lithium etf and my preferred pls and perhaps ltr
    a lot safer just to wait and buy on rebound with volume behind them because they have a lot of upside

    a bit like whc all those years ago. down to sub 60c before the rebound and when it broke it then $5 plus awaited
    that is what i call good risk to reward and not the churn around the highs

    only volume appearing so far for me is very slight elevation in copper which accords with my view that copper may do a rinse and repeat of my uranium trades
    but as said for awhile now

    sept seems time for iron ore and copper and bhp but will see. all coming down nicely again
 
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