Australian (ASX) Stock Market Forum

Reply to thread

Good advice Knobby, appreciated. I am trying to avoid the 'story' as much as possible, that is why I like charts, they tend to be relatively honest as far as the 'story' is concerned.




Yes and this is what has been smacking all the lithium miners for some time now. It is a reservation I have about all the lit stocks.


This is the current Lithium price chart as measured by an ETF of Lithium miners.


It fell through a symmetrical triangle and beyond a support of around $26 and is now headed pretty quickly toward another support line of around $24. Its last close was $24.90. $25 may also offer support. It will be interesting to see if this becomes a floor for the price.


[ATTACH=full]94977[/ATTACH]


Top