TA Perspective, page-549

@JumpyLion i certainly don't disagree with the fundamental story in place for LPI and the Lithium sector more broadly.

Iam just looking at dots on a page to assist my timing of a re-entry. As i've said before, if the fundamentals change (via an off take, test pond results, etc), thus changing the technical setup, Iam happy to change my view and pay up, for the next leg higher. With the stochastics just in 'over sold' territory, we could easily see a bounce from here, back to $0.39, possibly even $0.405.

I think the catalyst to take LPI back to the $0.325 - $0.335 will come from the XJO breaking the 4,650 level and dragging the broader market lower. As a result, lack of buy side demand will step up, whilst soft hands will look for liquidity during the broader market sell off.