SQM: Possible Reversal in this Lithium Stock

Long

Sociedad Quimica y Minera S.A. (NYSE:SQM)

NYSE:SQM Sociedad Quimica y Minera S.A.

Trend Analysis S&P 500 (SPX500) SQM

trendanalysis spx500 sqm

Coming off a big level, I think we should expect another 25% run into the mid 30s.

Longer term chart shows a lot of support

snapshot

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