The lithium sector has been under distribution since Feb to May, 2018. The weekly moving averages for LIT G-X lithium ETF crossed down in Feb, 2018. The moving averages are still headed down.
AGY has been somewhat resilient to the bearish lithium sector, but it is still weak, too weak for me to buy in now. Until AGY again starts printing new 52-week highs, I will be elsewhere chasing the leading stocks in bullish sectors with strong money flow.
The lithium sector has been under distribution since Feb to May,...
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