WR1 winsome resources limited

WR1 Chart Thread, page-337

  1. 25,245 Posts.
    lightbulb Created with Sketch. 1588
    Yeah the same LIT etf is what I'm referring to.

    While I don't bother myself with trying to guess what big picture funnymentals are going to do, it seems to me I'm reading every lithium baggy looking at this "restocking period" as the thing that's going to turn the sector. Feels like it's going to be priced in before it happens, the crowd are almost always wrong, is the crowd who have held lithiums down 60 - 90%+ really going to be right? (I guess they have to be eventually unless lithium isn't ever going to bull again)

    That white MA if you zoom the chart out what holding it in the final phases of the topping base, now it's trending off shorter term moves. It will eventually retest that white MA but certainly doesn't have to this time
    Last edited by Hingdog: 13/02/24
 
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WR1 (ASX) Chart
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