Lithium Bear markets reflected in ALB share price action........
In "Time", the first Major Bear Trend for ALB was 20 months duration and the second was 36 months.
After the 20 month Bear Trend, ALB share price shifted from $40 to $140.
Current Bear Trend reflected in ALB share price action is 21 months (August is the 21st month down).
That's in the same window as the first major Bear Trend.
History does tend to repeat in the stock market.
Question is : Will the current Lithium Bear be in the 20 month window this time around?
Let's hope so.
GLTASH.
Lithium Bear markets reflected in ALB share price...
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Last
48.0¢ |
Change
-0.005(1.03%) |
Mkt cap ! $103.8M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 47.5¢ | $368.9K | 757.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49964 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 6310 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |