SLI isn't really on the stock you talk about with your buddies at the bar on the weekend. "So, I was doing some TA and noticed this Lithium mining stock that was down 90%+ from ATH and it looks like it is double bottoming with a good risk to reward ratio..."
But, at home, when you're a trader and you see certain patterns emerging, you get the trading adrenaline shot and you start watching and waiting. SLI has been that stock for me for the last 3 months. I've been waiting for it to show signs of a bottom and it looks like we may be close... or not. Who knows. But for me, it's worth a shot.
$1.10 - $1.14 support range is holding on by a thread. Doesn’t look good…. The volume and Bounces off support doesn’t look strong. It needs a catalyst.