Bear Market Is Back

Welcome to lithium's newest bear market stock! Now down well over 20% since hitting $2.95 this week.

The enormity of the drop means we cannot classify this as a simple correction.

For those who don't know what a bear market is, here's a definition:

"A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs..." (Source: Invesotopedia)

And further:

"Bear markets can be cyclical or longer-term. The former lasts for several weeks or a couple of months and the latter can last for several years or even decades." (Source: Invesotopedia)

Where to from here? More falls of course, until IMHO the overbought extreme RSI levels normalise: $1.80 should do the trick.

GLTAH.