I posted that recently on another of the stocks I hold and it...

I posted that recently on another of the stocks I hold and it was pointed out to me that it is actually a poor indicator.
Roughly only 25% of that ETF are Li stocks.

Would say though the sentiment for the sector is gone for now. 2 strong green days for the asx and still the big boys cxo and ltr are down.
Most Li stocks on my watchlist finished flat today and yesterday as well.

Just one of those things we will need to ride out. People think the Li supply will be larger than demand by 2024 by GS and other want to get in cheap.
If people can't recognise that the price has increased so much already with:
- so few of the words largest car manufactures rolling out EVs yet.
- Only 5% of the cars currently being EV
- With ICE vehicles being phased out by 2035 (if not sooner)

Then they deserve to sell out and not make money. What is 101 of stocks? DYOR

If people what to trust GC and co without bothering to do their own. Well they will end up doing whats in the best interest of GC and co.
Last time I checked, their motto isn't "lets help retailer investors get rich"

All imo of course