EV/Lithium, page-1470

...just look how ALB holders squandered a +500% gain in under 3 years (Mar2020-Jan 2023).
...likewise, PLS holders who bought in June 2021 and held also squandered a +350% gain in 16 months and now back to square one.

...this is the X-mas tree Nordique retracement I have been telling you about.

...now you ask - is the worst over? Unlikely for lithium to recover for another 1-2 years, not before the market bear

..A misconception that Buy and Hold will always pay. Especially not for cyclical stocks like commodities.

..Lithium is not a commodity you say...but it is.

All time view
ALB Stock Price and Chart — NYSE:ALB — TradingView
All time view
PLS Stock Price and Chart — ASXLS — TradingView

#Lithium Minerals Update 5-Jun
>Carbonate 99.5% GFEX Futures 60.1k RMB/t -1.6% SMM Spot 60.2k RMB/t -0.1%
>Spodumene SMM Conc. Index $626/t -0.6% Platts 6% $590/t 0%
>Hydroxide 56.5% SMM Spot 62.27k RMB/t -0.2%

https://x.com/CarlCapolingua/status/1930590333215379614