Pela, The global Lithium sector(Global Lit ETF chart) has been in 'bear market' for 12 months coz' big U.S. bankers (MS etc) pulled out $$ last feb.& started the bear market. in a bear market ....The Brokers job is to keep the S/P below 50 & 100 day averages for most in the Lithium sector.they borrow shares & sell them 'Short'....retail investorson HC think its retail selling out but its mostly Brokers selling short. then as good news is announced the S/P will spike as per 'youmustbejokings ' post .. then slowly taken back down .
A bull market( above 100 & 200 day averages)any good news will spike up & stay up ... IMO now the whole lithium sector is slowly changing into a 'bull' market. Increased Volume is Brokers & big Investors starting to take 'Long ' positions. For example A40 is now above 100 day average.. getting positive (finally).. All this can be seen in the Charts (Technical Analysis) which shows how it all works showing how stocks go........ Up,Down or Sideways . I've studied this for over 30 years & worked for a Broker in early days well before HC started . I've rambled enough....... I feel these below 25 prices will be taken out soon...IMO...good luck to all ! .
A40 Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
