Third Step of this Rally about to begin....Charts confirm that we are on an UPTREND.
1st leg was from .50 cents to .69 cents (then a healthy pullback)
2nd leg was from .58 cents to .80 cents (then a healthy pullback)
3rd leg about to begin will go from, .66 cents to .91 cents
The 50 day and 200 day moving average is .58 cents so lots of people are in the money.
We also had a very respectful and conservative update from management. Nothing was overpromised and update left lots of room for surprises. We have a roadmap for year 2024. Management also addressed lithium prices and why they believe that demand will outstrip supply in the future.
Good Luck,