the sell pressure was quite unusual this morning. lit etf up...

the sell pressure was quite unusual this morning. lit etf up 1.2% overnight and much of the broader lithium play on the asx up nicely. why anyone would sell into 4.5-4.7 is beyond me. would almost certainly be at a loss given the little volume at 4.3-4.5 in the last couple days.

the daily candle has a very long wick now - interesting had/should it closed at 4.6-4.7 it would be above that orange resistance line I had drawn previously. which would be quite bullish. MACD look to be turning on daily and weekly.