1.385 is the mid point in the latest price range.
The down trend continues with negative overall news for the sector this am.
Hype never lasts and the only thing that will move the sector is EV Car Sales figures showing a substantial rise in actual figures flowing through to demand and thats .................not from China
China controls the overall lithium Market. Thats the negative going forward now.
Once a Commodity is under China's control normality goes out the window.
and from what I gather China has two major Battery producers out of four or so. Another negative.
They certainly have Lithium producing Companies by the short and curlies for now. imo
(When)Will they break free.
You just have to wait, experience this sh#t and put up with it atm.
Bitch.
Md
Chart, page-12789
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