Australias Neometals Pursuing Lithium-ion Battery Recycling

ASX listed Neometals has had a good run over the last 12 months up over some 358% over the last 12 months.

From their website their main focuses are on Lithium-ion Battery Recycling recovering cobalt and other valuable materials from spent and scrap lithium batteries as well as Vanadium exploration and recovery from slag.

Share price is still under $1 but back at a resistance area. Will be interesting to watch to see if it breaks through and continues to run.

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How To: Risk Management - A Trailing Stop Loss of 24% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.

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Had a great 30% run so far. Momentum slowing a little. Still in it at this stage.

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Nice big move today.

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Huge run over the last week