Whole market is down if you look beyond this one stock. Lithium stocks in particular all rise and fall in parallel. Even the untouchable PLS is down today, we just had an exaggerated response today. 88E down, most resources are down down down today.
If you check closing action on down resources, a lot of people are taking advantage of this and looking for swing trades / morning gap ups.
If PIO can close between 4.8c-5c, its a very good sign we have found bottom. Chart shows consolidation at this point.
Will be a lot of seller's remorse come tomorrow but you can only tell people so many times.
