VUL 0.24% $4.20 vulcan energy resources limited

Steady as she goes now. Well on the path for an expected upswing...

  1. 3,504 Posts.
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    Steady as she goes now. Well on the path for an expected upswing when the CLEOP news drops "mid-year"....i.e. shortly.

    Excellent recovery from the lows of just under $2 back in February with higher lows successively printed in April (around $2.50), June (around $3.60) and July (around $4.15). Leaving 52 week lows way behind and showing relative strength compared to other Lithium stocks across the sector.
    I'm no chartist but even I can see a nice flag set up since May and IMO good things to look forward to once there is a break to the upside - possibly triggered by the CLEOP announcement confirming first production of high quality Lithium Hydroxide in Europe.

    DYOR
    https://hotcopper.com.au/data/attachments/6339/6339004-116eeef416811292542065910beb0e4c.jpg



    Last edited by Mozza01: 26/07/24
 
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