NIS chart, page-596

Off Topic but really, it's on topic.

It is my observation that comments being made like the above tell me how hard people have fallen for the Lithium Narrative

Lithium HAS slowed down, atleast the spot price has badly sunk.

The TREND is completely down, and narratives liek the above are going AGAINST the trend. These people are investors and mainstream followers of the news. Coz none of them clearly understand a thing or 2 about charts, let alone why they work AND matter ie supply and demand levels + the psychology associated with it.




I was Bullish on this stock some time back, however it didn't take me long to recognise I WAS WRONG and had to drop my ego and cut this shit back at 7.9c or 7.7c after a 8.5c entry. For me that was an L of over $420. I shared it in here!

I truly feel for other people who are gun-ho believing the company and sinking more of their hard earnt cash.

If you guys were genuine, revealing your hand has made people sell into you lot. IT HAPPENS TO ME ALL THE TIME! Transparency gets taken advantage of in these waters./ Always be transparent and real IMO

It is subjective to each and every individual, although I would say NIS has already broken trendline and I would not be placing it over there. It is easy to place them to match our bias.

My sympathies are with you brother appreciate the honesty. As previously alluded, the fact many have mentioned their bullish views, mentioning how much was sunk into it etc etc has been taken advantage of. Clearly there are folks here who have the cash to drop $50k plus into this, not worry on trend and really beLIEve all that's being fed to us but, that has NEVER been me

UPDATE:
Charting NIS at this moment is pointless from the last BEARISH alert I made on it. Nothing positive has transpired and it will bounce when LIT ETF bounces. I will not look to get back in. Capital Raising is soon coming anyway wait till that all clears that will be the trap....lithium bouncing and this heading into resistance where they announce C.R LoL give it 60 days or less to see how this ages