i think the best ways to look at these things if to analyse the share price against the mid term moving average price chart (weekly/monthly).
Eventually, it’s a statistical fact that the price must eventually come back to test that trend line … and then maybe bounce and keep going up, or crunch and trend changes and price goes down.
The distance of price from the MA line reflects how overbought/oversold the security may be.
The recent charts I’ve posted reflect we have had a very healthy time of correction and the stock had run too hard, too quickly.
new assays are coming, lithium prices seem to have turned, Azure pricing makes us look cheap, so I’m expecting the uptrend to resume.
but … if I was right all the time, I would be much richer than I am and Gina would be flying me over for dinner parties
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