It's been 2 weeks since I posted. Am travelling for last 10 days...

It's been 2 weeks since I posted. Am travelling for last 10 days in NZ.

.

Got a good announcement yesterday, market likes it. At this stage, WR1 is looking like a stronger ASX Li stock, having hopefully buried the demon from early 50s. I am still interested in the views of those who were calling 30s, do they admit they got it wrong, now that it has more than doubled, or they live the low life of trashing when the chips are down? Just curious. No hard feelings.

.

So a big gain last 2 days on acquisition. Stock is looking strong. Let's see. A play towards 150 will be next big play.

.

Personally I have done a round robin. In my last post I had written I had exited at 97 from my buy at 73, but may want to see a play around 80 to buy back. It reached around 78. i bought back at 80.5. In my last post I also wrote I would like to sell at 112. It did that today. I exited. So just playing level to level, follow my numbers. May not be best way to play, as just holding can be better, but that's the way I am. So now will want to see a buy in around early 120s or in 90s. I will wait for either.

.
Although WR1 has a good rise, I still believe overall Li macro has to get better for larger gains. That could come, but we need ALB above 128 for a start, possibly towards 150 to be sure. Till then I may not be comfortable holding in a long pattern and may just trade. But that's me, my play could be wrong, so please dyor.

.

So what may happen next week? I want ALB to be over 128. For a start. I want ALB getting towards 150 next week, or at least high 130s. Till then it's a cat and mouse game. So let's hope for a positive Li macro outlook. All the best.