That chart also shows how quickly it can go back up... you can't time it but I'd say "catching falling knives" and "buying when there's fear" beats "waiting for the uptrend" 9 times out of 10
I think it is obvious demand for lithium is not disappearing in the long term, we are only at the beginning of a massive multi-decade cycle (imo)
PLS chart, page-14127
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Last
$2.93 |
Change
0.140(5.02%) |
Mkt cap ! $8.819B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.93 | $2.77 | $65.23M | 22.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3424 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 170199 | 9 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |