Thanks for the crystal ball gazing - so, basically it can go...

Thanks for the crystal ball gazing - so, basically it can go lower IF the downtrend continues...??
What sort of analysis is that?! You even have a specific timeline for it!
The fact is that it can reverse at ANY time. TA is about probabilities - no mention of those in anyone's TA ramblings here.
It's all just: look at the chart, look at the downtrend, you are doomed !?!

I ask again, why didn't all the "experts" here take massive short positions on Li stocks in Jan 2018?! Because they did not and could not foresee what was going to happen. Same goes for today. (Well, there are some exceptions to that I suppose - the banks with a plan to decimate the sector with their garbage "coverage" and blatant bs coupled with a shorting campaign. Dirty dogs.)

Someone bring some stats at least, isn't that the whole basis of TA and charts...?

Anyway, whatever to the traders, but at least target your "warnings" to yourselves and leave those investing for the future to decide where the big picture is taking us.

/ Rant Over