An ASX 300 co in an environment of tight lithium supplies Long

Description

⋅ Jan 11, 2022 12:33 AM

Positives:
Major Lithium producer
Has broken into a higher channel

Negatives:
Volume is dropping
RSI has broken a minor support

Will probably consolidate its position here and head higher

Trend Analysis lithium

Comments

rayb10

⋅ Jan 11, 2022 9:52 AM

I've been following this one too but missed the last break through resistance at approx $10. Was waiting a larger pullback but went higher instead. If it does consolidate before the next run then could be worth it.