Agree for the most part (I'll never know...but gut says maybe 30-70 flows are momentum/technical vs fundamentals?)
But it's incorrect to say the chart doesn't influence price.
Which is interesting...because to some extent there's a self fulfilling/feedback loop there
Either way...WGAF if you can use the chart to keep you out of 18 months of pain!
Refer Exhibit A below
Give or take, that's when I used those "lines on a chart" to tell everyone (on this platform + via several media outlets) to sell their #lithium #stocks!
https://x.com/CarlCapolingua/status/1808292711478493643
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- EV/Lithium
Agree for the most part (I'll never know...but gut says maybe...
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