Chart, page-13380

Tesla increasing production, VW planning to spend 56 Billion on batteries, Chinese converters completing upgrades, India and Europe moving in on EV transition, Britain aiming for zero greenhouse gas emissions, California is considering tripling EV subsidies, Macquarie turning bullish........and more. Im sure all this can offset the negative sentiment on the end of China's EV subsidy scheme.

These are just recent developments in the lithium space, its only a matter of time before the forward looking market wakes up again.

We are nearly 3 months in from the high volume push down seen on the chart below...the last rebound happened 3 months after a high volume push down, the one previous to that took about 2.5 months. Another week or so should see some action hopefully....Macquarie's change of tune is somewhat perfectly timed, right about 3 months after a high volume push down.

Considering our market cap vs cash on hand, Macquarie's bullish flip, and the 3 month accumulation period after a high volume push down, its about time to go long again. DYOR.