another interesting point around this rally is Global Lithium is oversold now and due for a bounce.
Global LIT drop is mostly due to the TSLA share price getting smashed but nevertheless Lithium as a whole is bottom of the channel
Why this is important is it reinforces the breakout play is what is driving AVZ and not the lithium fundamentals = Value is evident to even most bearish of investors.
2 weeks in now, 50% gain far exceeds my expectations and admittedly it puts me in a situation where i feel more comfortable locking in gains than holding for the DFS. BUT given the multiple angles, ill be waiting for a leveling of buy-sell depth before i even consider taking money off the table.
How high can it go?
AVZ Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held