Agreed. Just because it is oversold doesn't mean that it can't keep going down. It is the reason it is oversold that needs to be worked out. Over bought on hype and goes to 17c and oversold on panic and it goes to mid 2's? perhaps? As a spec play I think in the 2's is oversold. This should be in the high 3's to mid 4's at least right now imo unless there is no chance of positive Li results.
Agreed. Just because it is oversold doesn't mean that it can't...
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