Gap up entry with poor risk control
Updated
Interesting stock to watch here as it is reacting differently Aussie and South American lithium miners today in the asx.
Who knows.
Entry level: 0.12
Exit: 0.095
- Supply: Lots of bag holders from previous support and gap downs lining up to sell
- Demand: Preference for vertical integration as car manufacturers wish to reduce supply chain risk? or just FOMO
Who knows.
Entry level: 0.12
Exit: 0.095
Note
Might be a good idea to decreasing holdings yesterday + this morning as some key resistance levels are reached. I actually got out on the next day at $0.125 because I was afraid of:
1. Environmental concern
2. Trade was (and still is) quite crowded
Shocking trade execution. I tend not to cut losing trades and get out too early in winning trades.
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