Lifezone Metals Limited had a rough day and is now down -5.64%. Investors weren't too impressed with the future outlook for the asset which caused some selling on weak demand. LZM is near a weak support line. We'll see if it bounces off or heads lower. Lifezone Metals Limited hasn't been that impressive in terms of its 3 month momentum, we'll see if it can turn things around and start heading up or continue its slide down.
If we get a reversal off of support and Lifezone Metals Limited starts moving up, it can probably get to $4.85 at which point it'll need to break through that resistance level in order to keep moving higher. There aren't very obvious support levels beneath this point. So put those stop losses on, this thing has room to fall if buyers don't come in at this level.
