Charting, page-1376

What a great day for GLN holders, finally, after watching other Lithium stocks ripping!

I would like to provide my two cents below (for the sake of traders, I hate it):
I drew these lines and graphs before today's sp movement.


It seems GLN is running a full Elliot wave so far.

We have started wave 5 from 7th Oct 2021.
To get a general wave 5 target, I drew a line from (2) to (4).
Extend the parallel line to (3).
Draw a line from (4) with its slope roughly the same as the daily candles. (today's candle follow the slope quite nicely)
1.55-1.6 by mid-November.
By nature, it should then do an "ABC retracement" after wave 5 completes.
By that time, maybe due to lack of news, global market retrace, etc.

However, I do believe TA has its limit especially 100 different chartists can draw 100 different charts.
In a long run, the EV trend is unstoppable. Lithium is the only solution at least for the next few years I believe.
Normally the long term instros won't satisfy with their returns without multiple bags.
You can take the risk of selling now losing the future, I won't.

just my own opinion, DYOR, GLTAHs