Unfortunately broke through the lows established in June which...

Unfortunately broke through the lows established in June which was the 62% fib level (long term). Also broke the EW structure. The next fib level puts us at 54 cents. Of course this depends on the larger market forces. We are just sailing the winds here. No amount of news is going to change this unless the large traders and instos who seem to have a choke hold on almost all lithium stocks decide where the low is since they pretty much control the prices where ever they want and hold it there. Almost magically the RSI levels have reached close to oversold on not just NMT but also CXO, ALB, SYA (almost), PLS, AKE and so on. Fundamentals do not matter during the bear market I guess (the worst since decades apparently). They do however matter for recovery in my view. So where to from here? We will have a technical bounce I suspect from wherever the lower low is. The US markets have sold off last week. Maybe they establish a temporary low and get a bounce. Here PLS has a small gap to fill. So a bit more down side and then we get a bounce as well (yellow arrow). Possible lower low around 068-77 cent area. A technical bounce back to the green smaller trend line around 90 cents (96 cents happens to be a 62% fib resistance from an arbitrary low of 77 cents) and back again to test the lows again. Looks like a much bigger ABC correction. if A=C we are also looking at 50 cents low. As usual, just guess work here. Am more than happy we we just make a U-turn from here.