Well volume certainly is a good indicator of a reversal, and lately volume has picked up, so im going to think that its just some shorts closing out after the quarterly, in my opinion that quarterly while looking bad theres actually plenty of hidden goodies if you look hard enough, i can assure you the instos can see these easier than most retail can. So perhaps just some closing out, however id say they want to close out below 4c so we should see a dip next week, im going to say monday will be the day we see a drop followed by a slow move upwards from there. Weve had some strong rejections recently so thats a positive sign. Whether they get to close out low will depend on if other lithium stocks can move past their low range, I saw ALB broke the 1.17 range and has just regained it again, so if it gains a bit tonight it should send a positive indicator and shorters may want to close out earlier.
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