My guess is, the institutional big boys have large holdings in...

My guess is, the institutional big boys have large holdings in multiple lithium shares such as CXO, PLS, SYA ect

When these shares have been rising week on week, with large volume, you can make a pretty educated guess on who was been buying on the way up. With such a large market cap on all co's, not many private investors even have the liquidity to even come close to clear out some of the 10-15m walls I've seen taken out on the way up.

When a stock is approaching it's ATH or previous overhead resistance, it really provides 'unspoken' justification for intsto's to unload a portion of their holdings which they've been accumulating on the way up, which has also contributed to the gradual increase itself.

From the price action I've seen on Monday and Tuesday, these large buy orders were continuing to roll in, only to be sold down in the late hours of the afternoon when everyone had got their fill.

As for today, we're I believe we're seeing a final swap of hands as there is no buying power present, with floors being sold down without any sign of resistance on the way down to close the gap.

Sayona ironically seems to release PS news after an unjustified break and consolidation, right when the bands close tight and you're really not sure which way it's going to go, they really like to keep you on the edge of your seat.

All the best

cheers