GXY 6.40% $3.51 galaxy resources limited

Everyone is getting stuck in the weeds. I find it good to keep...

  1. 367 Posts.
    lightbulb Created with Sketch. 129
    Everyone is getting stuck in the weeds. I find it good to keep an eye on the macro picture when the thread turns to sh#te.

    Quick observation. Since the CNY holidays (31 Jan), Ganfeng China has risen from $19.44 to $26.83 or 27.5%. Tianqi has risen from  $26.90 to $37.55 or 28.3%. As others have pointed out, they have both well and truly poked the heads out of the latest downtrend.

    Just wondering if this has something to do with the faster than anticipated adoption of EV's in China (the world's biggest market)?

    https://cleantechnica.com/2019/02/2...jump-175-up-to-4-8-of-auto-market-in-january/

    It seems like GXY and other lithium stocks are well poised to be dragged along by this positive momentum.

    GLTAH's!
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.