EV/Lithium, page-416

  1. 26,811 Posts.
    lightbulb Created with Sketch. 2392
    ..you can see ALB stock price is breaking down, and IMO has way more downside potentially to the $89-93 zone , implying a 26-30% downside from here.

    YTD view then 5 year view
    ALB Stock Price and Chart — NYSE:ALB — TradingView

    ...SQM chart sideways but looking at All time view chart, breaks $42 and its an abyss below : Mean reversion taking place but by no means over yet.
    1 year then 5 year view the All time
    SQM Stock Price and Chart — NYSE:SQM — TradingView

    BOTH charts tell us that lithium stocks are not looking like recovering anytime soon and have more room to fall further.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.