Chart, page-11233

Sorry @Mundo122 what time frame element are you referring to? There were a few utilised in constructing this graph analysis.
- Chart is weekly as mentioned and view is looking at a ~5 year completion of primary Wave's 1 - 5.
- The three FIB indicators I used are default setting on Tradingview. Can be adjusted but yeah nah that's above my pay grade.
- The completion of the first 5 Waves then becomes even more complex and would in turn become it's own 1st wave with the Lithium Bull run continuing for some 20 - 30yrs IMO

--------------------------------------------------------------------------------------------------------------------------------

Fossil Fuels still has another 15 - 20yrs left but it's a slow train crash. The Canary in the coal mine will be the BP's, Exxons, Sinopec, Aramco & CNPC exploration funding shifting into renewable's due to favourable cost efficiencies. Read their financial reports in detail to determine the % increase into the renewable's market

NSW first rejected coal mine...On legal ground citing climate impacts .
https://www.abc.net.au/news/2019-02-12/rocky-hill-ruling-more-courts-choose-climate-over-coal/10802930

The cost dynamics are slowly but surely turning opinion even in slow to the uptake Oz.
https://www.abc.net.au/news/2018-09-03/angus-taylor-energy-minister-power-price-solution-curious/10188496

Roughly 7 Years ago I asked Andy Homes during his initial tour of facilities when becoming head of BP Australia at a small meet and greet: "Was BP looking at expanding their investment portfolio into the likes of Solar and Renewable's?" The stony silence I received from co-workers was worth the question alone but the answer I will always remember. It was very polite but direct. "Renewable's are important however BP Australia Is not looking into this sector strongly at present".

And now:
https://www.lightsourcebp.com/au/

Bet your Arse he sings a different tune these days and I often wonder if he remembers the freshly shaved blue collar that hit him up all those years ago that managed to see the writing on the wall before his well educated white collar brain board of adviser's did.

In summary. It can be hard to be ahead of the curve and invest with foresight. The wheel turns too slow for most. But grind on it does and change is afoot. Keep accumulating everyone. GXY time will come....Or at least the lithium investment boom cycle is imminent IMO only.