Going into today I was quite (more than usual) pessimistic on the battery materials space :
The XEC (emerging companies index) was breaking down through major support. In addition, the battery materials stocks had already been under performing this index for some time :
The LIT (and the REMX) continues on its merry way down with no hint of any trend change :
Path of least resistance clearly remains down ...
Short Term Trading Week Starting: 3 Sept, page-99
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Last
8,112.8 |
Change
38.500(0.48%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,074.3 | 8,115.1 | 8,074.3 |
| XAO (ASX) Chart |