RSI is not in the oversold area yet, and might not get there, because from a technical point of view there appears to be minor bullish divergence building up. There is also a strong possibility that fridays candle could be an island reversal, So if the market recovers somewhat this week, i would expect gxy to hit 1-30 ish, and where it goes from there will depend on the big picture, either ways I can't see it under 80 cents even if the market were to return to last march lows.. So as a long term holder , having originally bought into the company because of the lithium supply and demand fundamentals, I honestly believe that we have been presented with the buying opportunity of a lifetime, and will continue to accumulate at current or lower levels. Looking 2 or 3 years ahead , I expect this to be a 3 bagger minimum...
GXY Price at posting:
36.1¢ Sentiment: LT Buy Disclosure: Held
