AJM Chart, page-2146

I just want to show that the recent retrace have hit not just this stock but the entire Li field of stocks. Naturally, good or bad announcements will influence a stocks trend over any macro movements (recent 4CE for example) but its pretty evident from the chart that after the big recent gains by lithium stocks, there is a general retrace occurring across the board.
Some interesting numbers….. AVZ 30.5c (7th Nov) down to 21.3c = 30% drop
AJM 46.5c (7th Nov) down to 35c = 25% drop
TAW 44c (20th Nov) to 34c = 23% drop
PLS 110.5c (10th Nov) down to to 88.5c = 20% drop
GXY 408c (14th Nov) down to 337c = 17.5% drop
MIN 2070c (24th Nov) down to 1783c = 14% drop

Note that all stocks seemed to peak around the 7^th or so of November. MIN and TAW both had pretty decent highest around the 7th of Nov too. MIN picked up on the 20th of Nov temporarily after AGM to set a new high on the 24^th (previously it was around the 7^th too).

This macro trend will naturally come to an end and reverse purely based on the Li demand fundamentals. So one should always keep in mind that in addition to an individuals stocks news, these macros can have significant influences.