General Discussions, page-23799

one valuable lesson I have learned over the last 12 months or so in regards to stock selection and individual sectors, is to wait for a confirmation of a reversal. At times I thought lithium was over done yet the best lithium stocks always looked strong or rebounded strongly following a fall. So i've continued to diversify across lithium stocks more than I traditionally would have.
I think graphite will have it's time but sometimes it may be better to jump in once a commodity price has proven a reversal/some strength. Rare Earths is similar - controlled by China and currently weak given the huge demand forecast.

A good stock example of waiting for the right time is currently CHN. World class deposit so I want it, and even though it is off its highs and moving sideways at a support level, I won't be putting an order in until I see a confirmation of strength with volume. Id rather pay $6 than $5.8 knowing the likely upside potential is there.