LIT in Global X Lithium ETF, page-45

LIT ETF ASX lithium and battery stock portfolio holdings currently sits at 7.77 percent [1].

LIT tracks primarily U.S. lithium and battery stocks. Lithium Australia (LIT) is a very small representation at just 0.07%.

A trend following system can be quite simple. Weekly charts offer the advantage of removing daily chart "noise". Those traders and investors who are committed to full-time secular employment, can take advantage of using weekly charts and simple analysis once a week during the weekend break. When using this weekly trend-following system, shorter-term technical analysis methods such as price gaps, oscillator divergence, and candlestick analysis are extraneous to effective analysis. A simple trend-following system can consist of 10-period and 26-period EMA lines on a weekly chart.

The chart reproduced below shows a weekly chart of LIT covering Jan 22, 2016 to Feb 8, 2019. An entry was first indicated during the week of March 24, 2016 when LIT closed at $21.06. This was when the 10-week EMA line crossed above the 26-week EMA line. The LIT is held until an exit is first indicated during the week of March 9, 2018 at circa $35.50. This was when the 10-week EMA line crossed above the 26-week EMA line. This is a 68 percent return over 3 years.

The LIT weekly chart trend is still in a stage 4 downtrend, where price is below declining 10 and 26-week EMA lines.



Ref 1: https://www.etf.com/LIT#overview