You may have made a good call but the WR1 chart does not factor in the Li price.
Which means you are just a duck swinging. If the Li price hadn't continued to fall and started to stabilize back at $1.50 when you made the call, the SP wouldn't have dropped and I'm sorry, the WR1 chart does not lead the Li price if that was were you were going as well.
The only technical thing about your SP call was you got "technically lucky", as you needed Li prices to continue to fall.
Just like Michael Burry, if you call a huge crash once every 10 years, you're somehow a genius.
Believe your own legend my friend. To think if you actually believed your own hypothesis you could've been rich off shorting this.
Just another person saying something without any conviction to put their money on it.
You may have made a good call but the WR1 chart does not factor...
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Last
52.0¢ |
Change
-0.010(1.89%) |
Mkt cap ! $112.4M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 54.0¢ | 50.5¢ | $187.4K | 364.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19801 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 2578 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |