GXY 0.00% $5.28 galaxy resources limited

Not looking good for lithium stocks, page-66

  1. 13,151 Posts.
    lightbulb Created with Sketch. 1117
    We all know the increase in DEMAND is on the horizon BUT so many current buyers of GXY and stocks in general have a very very very short term outlook hence all Lithium stocks will not go into an up trend until DEMAND starts pushing up the Lithium price . From all the research I've been doing this change in DEMAND is not going to happen for at least another 6-18months so GXY will remain in the doldrums for the next 6-18 months and therefore the short term traders will buy and sell for small gains , or buy and sell at at a loss being not prepared to hold and wait for the change in DEMAND.
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.