arborkite

Another Lithium position trade

Panjang
ASX:LIT   LITHIUM AUSTRALIA LIMITED
My second position in the lithium sector, and again not the best entry at .52 so was in the red for a few weeks. This is a small position to start with until I either see a break of the longer down trend line or some good higher lows. I will be looking to add to this position on the break of the .55 resistance. I have no target set as this is a long term position trade in the lithium sector that may take a few years to play out. I will look to move my stop up to break even once this breaks the .55 resistance and continue to
Penafian

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