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LIT etf chart looks stretched.. but could be trying to close gap...

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Gunslinger27

5,825 Posts.

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08/10/24

09:26

Post #: 76020748
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Originally posted by manishv: ↑

here comes the Lithium PUMP

I cannot say the low in lithium carbonate is fully in. I expect it would take a sustained rally of higher peaks and higher troughs to close above CNY 100k/t. Welcome 20% rally after 70% sell down.

Big lithium players MIN, IGO, LTM hopefully can recover SP to an extent but likes of TG6, AZL, GLN, NIS, LKE, CXO will be proper PUMP and DUMP IMHO

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LIT etf chart looks stretched.. but could be trying to close gap above from last December.
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