GXY 0.00% $5.28 galaxy resources limited

Good charting, Hingdog!I noticed that Talison also rose by close...

  1. 42 Posts.
    Good charting, Hingdog!

    I noticed that Talison also rose by close to 6% last night and some recent article does suggest the lithium market demand is picking up quickly (I'm still trying to seek fundamental support to the share price rise...)

    http://au.finance.yahoo.com/echarts?s=TLH.TO#symbol=tlh.to;range=2y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

    GXY's timing of the plant open might prove to be better than expected - only time will tell though.

    Here is a link to the article talking about how the Global Lithium ETF rose by 20% early in the year.

    http://www.etftrends.com/2012/02/lithium-etf-rebounds-on-improved-demand-economy/

    Personally I'll keep a close eye on the Lithium ETF movement(see below).

    With the lithium market on the up side, I'll be much more comfortable to hold this stock for the longer term rather than a S-T trade.


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    Please do your own research.
 
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