It looks like it's sitting on long term support. Back when the current support levels were new lithium and battery technology were in its infancy. Now we have giga factories around the world and multiple E vehicle brands Nio, Tesla, BYD. One has to wonder if the big short on lithium is overdone. I think so, but I'm heavily invested and biased. But some has to give and my guess fundamentals will out weigh current negative sentiment as soon as elections in US are over and we go into 2025. Markets don't like uncertainty and so long as people are getting 5% deposit rates it's risk off
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It looks like it's sitting on long term support. Back when...
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