I agree that 16 is bottom. but can't see 40 in 8 weeks. (its too sharp incline on charts) Also the Global Lit ETF is the primary driver for worldwide Lithium stocks. For now we're all(ASX) locked into following the U.S. Index which is still in downtrend ... so all 'shorted'. However, we have a good chance of entering the ASX 300 in March-ish. That will attract more Insto's & serious investors ... first resistance is to get above 20..
A40 Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held