2 paths, white one based off an april buy for lithium, in which case, can get back to resistance around the 6.80 mark. Blue path is a double bottom pattern, which after todays selling volume, id guess its going to take. No buying this one for me currently just based off selling pressure in recent days. But on the 4 hourly (i use this for swing trades, doesnt always work) the RSI says it will bounce. Its a sit back and watch stock at the moment for me as id like to see how it plays out. (Im very bullish lithium sector given EV batteries, but at the moment lithium stocka are giving me doubts 🥲)
Hey mate, love your analysis here youve got some great insight - I know its unrelated but id be really interested to hear your thoughts on cph... had my eye on it for a while
TAjames
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@henrymorris1999, hey henry, ive been watching it since past year.. back when biden was running for presidency.. theres huge resistance below 25c. So i have alert for when it moves above, unfortunately until then its just basing and not a trade for me.