Yeah I'm iffy on this one. I actually just bought a small parcel of ORE as it pulled back, but then I looked at the lithium price chart and it's about as overbought as it gets! Oops.
Lithium stocks have clearly followed the lithium price increase since November. I think there'll be more upside, but with the lithium overbought condition, and price also approaching a resistance area around 75,000, maybe not just yet.
I'm glad I only bought a small amount of ORE. I'll watch for awhile before adding any more.
