TAjames

Vulcans potential trading pattern next month if its bullish lith

ASX:VUL   VULCAN ENERGY RESOURCES LIMITED
2 paths, white one based off an april buy for lithium, in which case, can get back to resistance around the 6.80 mark. Blue path is a double bottom pattern, which after todays selling volume, id guess its going to take. No buying this one for me currently just based off selling pressure in recent days. But on the 4 hourly (i use this for swing trades, doesnt always work) the RSI says it will bounce.
Its a sit back and watch stock at the moment for me as id like to see how it plays out. (Im very bullish lithium sector given EV batteries, but at the moment lithium stocka are giving me doubts 🥲)
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