Short Term Trading Week Starting: 03 Feb, page-31

  1. 3,625 Posts.
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    I believe that charts in general chart their own course . Why because a market maker has his money invested in them (or in whole sectors ) and they won't become a downtrend until the market maker has distributed his load at higher prices . I have never looked at the Tesla chart . The lithium one was due for a bounce , according to it's own demand and supply issues . It hit a support level . Charts have to be prepared to go up and sustain a rise . To my observation - Lithium was prepared for the rises today. Just my 2c.
 
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