2021 Charts, page-351

When we hit 14c the other day we also hit the 0.5fib from the last 2 big rallies.

To me that's a good sign that the pullback could be done and dusted, 0.5 retracement ticked off, now we can shoot for more.

I think however when hypothesising it's important to look at the following:

1. Check the lithium spot price every day (investing.com)
2. Check the Global X Lithium ETF
3. Check Overall American indexes for overall market movements and sentiment (Dow Jones / Sp500)
4. People may not be happy with this one, but AVZ movements have actually perfectly been about 1 week ahead of us for the last month. Whatever AVZ does, we happen to do the exact same the following week. They're having a nice bounce atm, so not a bad thing aye?
5. Check the rest of our peers - ORE, GXY, PLS, etc.

So long as the above variables don't emit any further corrections then i believe that the bellow will happen following further positive price movements in the underlying lithium price.