Sorry but you're wrong on this one. TA charting is based on charts not gut feel.
You're saying it doesn't get impacted by external factors. The external factor is the Li price.
Then you should be doing TA charting on the Li price chart and then making inference onto the Li companies that would be impacted.
Have not seen a single Li chart on this thread of the trend nor estimates as to when it has bottom.
Love how you added this "the large players saw the glut in lithium coming and started selling down their positions and other large players started shorting the lithium names" but that has literally nothing to do with charting TA.
Remember this is a chart thread not TA as a whole. Chart is only a portion of TA.
WR1 Chart Thread, page-140
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Last
75.0¢ |
Change
0.010(1.35%) |
Mkt cap ! $161.3M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 78.5¢ | 74.5¢ | $569.8K | 746.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23089 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 3571 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |