General: Share Price, Trades and chart related discussions, page-660

I'm out.  Completely out.  Getting too close to my entry point.  High 20s look impossible to avoid at this point.

In all honesty, I think the lithium boom is now questionable at best, perhaps even a red herring. I  mean, GXY fundamentals are awesome, but this means nothing in isolation.  We've not seem a dot of uptick - not for doubling output, not for the SdV DFS, not for ASX entry.  And we're over 20c from our high before all these announcements were on the table.

Sure, there is obvious growth of demand for Li, but SP's across the sector are all well and truly off the boil, and prices are tailing off in China, it suggests to me the disparity between supply and demand is not as critical as we might believe.

Looks like Deutsche Bank might have got their forecasts right.  2016 deficit, 2017 surplus.  Minimal surplus, but surplus nonetheless.




Goodluck guys.  But until GXY sees some technical respite, some manipulative respite, i'm going back to scalping blue caps.