Chart, page-23034

If by that you mean you think we in wave 2 of a bearish 5 wave motive wave, I would say almost certainly that's not going to be the case. The macro trend is almost certainly up. We've just completed 5 sub waves and 5 primary waves so an ABC correction is almost certain, and indeed the A and B have already taken shape, and within them there was a 5 wave motive wave and an ABC correction consistent with the fractal nature of Elliott Waves.
Anything is possible however, my FA based bullish bias towards the stock and the sector suggests we are going to head north from here and the retrace is over, however EW theory, history, nature etc suggests we have another leg down to go.
I think we will need a decent catalyst however but they are never in short supply - we tend to be affected more by Teslas share price than lithium fundamentals, so any weakness there could see us head south again.