Looking for a big bounce

BATS:LIT   Global X Lithium & Battery Tech ETF
Been beaten down for a couple of years, but we're in the 0.238 zone on the fib retracement chart where we would need to see some reversal to continue the upward trend.

Fundamentally, there is still a strong demand for lithium so upward trend is in play.

I believe this correction is almost over and we will start upward trajectory.

This is a Weekly timeframe so it may take some time for this to take effect.


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