CXO.ASX Core Lithium Chart Trend Study.
Core Lithium listed on the Australian Stock Exchange was once a Darling up +550%, but became a Dog IMO.
As seen on the Trend Chart Study, these commodities are very cyclical, and by Zooming Out - the Clearer Picture is seen.
One should always do this for Commodity Type Stocks. They are almost never long time Investments.
However, if one can Grab some at the right time, then some nice Gains are to be had.
This is always extremely difficult in the beginning, and almost nobody gets it correct.
Rather wait for the Chart and Indicators to show this clear change of direction.
Also never add to a losing Trade / Investment. This will only accelerate your loss.
Doing this is called REVENGE TRADING. "Only the Mass Market can move the Direction."
Also get Expert's advice before making any Trade decision's.
My Chart Study is for Education purposes only.
Smash that "Rocket Boost Button" to show your appreciation for my Studies.
Regards Graham.
As seen on the Trend Chart Study, these commodities are very cyclical, and by Zooming Out - the Clearer Picture is seen.
One should always do this for Commodity Type Stocks. They are almost never long time Investments.
However, if one can Grab some at the right time, then some nice Gains are to be had.
This is always extremely difficult in the beginning, and almost nobody gets it correct.
Rather wait for the Chart and Indicators to show this clear change of direction.
Also never add to a losing Trade / Investment. This will only accelerate your loss.
Doing this is called REVENGE TRADING. "Only the Mass Market can move the Direction."
Also get Expert's advice before making any Trade decision's.
My Chart Study is for Education purposes only.
Smash that "Rocket Boost Button" to show your appreciation for my Studies.
Regards Graham.
Komentarz:
A little Consolidation for the Brave.