Exactly, this is a CHART thread. TA on whether Li surplus caused the price drop is not factored in.
So you are saying if the Li price remained stationary after that level was broken it still would've back tested the 54c mark.
That is what I am discussing. Forget the other TA of whether the Li bubble burst, that is another discussion.
My main point is, once the line was broken you say backtest is triggered.
BUT the back test has been prompted by dropping Li prices. So from a pure chart perspective the Li chart would also be necessary.
At least in my mind that would be relevant.
I mean Jabras Li price chart is correct. The main thing I am pointing out, is the Li price chart should have been provided, otherwise you are saying that the company would have hit 54c even without Li prices continuing to fall and I disagree with that
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2 | 4698 | 0.745 |
3 | 25560 | 0.740 |
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5 | 29594 | 0.730 |
Price($) | Vol. | No. |
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0.780 | 12352 | 3 |
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