The lit index is grinding nicely of the 200ma on the weekly time frame so lots of strong data. it is also sitting at the 50% retracement on the Fibonacci retracement usually a good entry level. so in perspective and following the narrative the pullback in 2018 oversupply issue fear and stronger growth for lithium and diminishing oversupply fears not eventuating in fact the opposite late 2019 early 2020 recovery looks to be in progress
A40 Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held