I personally weigh charting as no more than 20% of my investment...

I personally weigh charting as no more than 20% of my investment decision.

Also i like to keep things fairly broad and stick to rules like:
-Has the stock had a significant correction (30-60% is healthy imo).
-Have other stocks in the same sector performed the same (PLS/AJM/TAW)(outliers being AVZ/KDR).
-Do the stock prices of these commodity stocks mirror the performance of the spot price of the commodity.
-Has there been a pick up in volume.
-Are we seeing spikes/dips or spikes/consolidations.
-Are there reliable averages which can be used to buy/sell the stock (15/50/100/200 day moving average).
-Are we seeing higher highs/higher lows OR lower hights/lower lows.

That green channel is more of a "day trading" thing and i'm not overly concerend over it.
What i like about the BGS chart is that:
-It has spiked low/bottomed in early April and has only offered 1 opportunity to "pick the bottom"... because lets face it, only 1 person can buy the bottom or top.
-BGS has bounced and so far shows higher highs/higher lows
-The above 2 points are also consistent with other stocks (PLS/TAW/AJM). We havent "over corrected" like A V Z.
-We are trading similar to the "spot price" of lithium... clearly there is no spot price but if you use the LIT ETF instead then we are somewhat on par.
-We've had a 50% correction from the high of $0.84 which has flushed out a lot of weak holders.


We are lacking:
-Volume! I've had 2 too many wines to start wineing about this

Anyways, i'm here for FA reasons more than anything.
Enjoy your weekend Daz. ♥