But, it's good news Mlc2318.
It keeps coming.
Triple H Stocks 13 Feb 2020.
Lithium Sector Rotation As mentioned, we exited gold and silver mining ETFs and rotated into the Lithium sector.
Last week saw the Global X Lithium and Battery Tech ETF (LIT) close above the 50 week moving average. Similar story with individual Lithium stocks like Livent Corporation (LTHM), Lithium Americas Corp (LAC) and Albemarle Corp (ALB). We’ve entered starting positions in all four symbols and will hold and add to positions as they continue to maintain above their 50 week moving averages.
https://seekingalpha.com/article/4315728-lithium-is-set-to-soar-2025-price-forecast
"Investors need to understand that all supply is not created equal, with different purities and specifications depending on the customer and end use, according to E3 Metals’ Lappin.
“Lithium is a specialty chemical that is often discussed as though it is a commodity,” she said.
“Lithium prices and tonnages quoted throughout the media could refer to vastly different deposits, product qualities and source locations.
”For his part, Ledoux Pedailles of Infinity believes the producers that are able to deliver consistent battery-grade quality will do fine in 2020.“(That’s) because those products’ prices, especially for lithium hydroxide, have not collapsed like technical-grade or lower-grade product have during 2019,” he said. “Producers who can’t deliver high and consistent quality will have to keep fighting in the Chinese spot market.”
Gassin123Charts@gassin123Charts#LITHIUM in 2020 = price #RECOVERY = #Fomo Frenzy begins .. as Warned
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