LLI - Charts, page-2

This is my take on LLI's current chart from purely a technical analysis:-



There are a number of positive technical indicators which seem to highlight a potential reversal back into an uptrend.

My take is that there is a "Bullish Stick Sandwich Reversal Pattern" in play which also has a third green candle signifying a potential reversal.

See below pattern info for reference.



Furthermore previously LLI has continued in a flag pole pattern trend continuously bouncing of the historical support zone. It looks as though it may look to bounce of the support line back into an upward flag pole (See below in my markup for reference).

Also looking at the Bollinger Band overlay shows that today's green candle has broken out above the middle band and also the two outer most bands have been squeezed together and have opened Outwards potentially indicating that a reversal / uptrend is also now in play.

Lithium Carbonate prices seems to have bottomed out also and with us entering the new year will no doubt ramp the demand for lithium back up again.

Other larger lithium players such as LRS etc. also seem to heading back up to previous levels.

Today's results were awesome. This definatley seems to be a start of a reversal in which I think LLI will start to soar.

Market cap is extremely undervalued in comparison to LLI's peers. So much upside with this stock.

Very bullish on LLI.

All IMO though. GLTAH