Signs are stirring that the lithium sector in 2019 has bottomed out and maybe be showing some like again. Monthly charts appear to show this is the case.
Also, ALB who recently reported has also indicated that lithium pricings are starting to rise again in 2019.
SQM is to report next week. The monthly chart below (and most of the others following) shows two consecutive green candle months in happening in 2019. This hasn't happened since Jan 2018
ALB did briefly have two green candles in 2018 but not as strong as 2019.
Local bell weather stock PLS, following suit.
KDR has been one of the strongest to rebound so far. Vertical refinery integration from the get-go has helped with that.
LIT fund/index
AJM saddled with slow production ramp up and repeated CRs has unfortunately yet to see a bounce like the others.
Short Term Trading Weekend Lounge: 22-24 Feb, page-12
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