Lithium at challenging level Here is the LIT chart (LITHIUM ETF) since start trading back in 2010.
the all time high was set in 2010 @ 44.67$
we had a recent high test at 40.79 $ earlier this year, from a solid run since low (14.30$) in 2015 ...
I think we stand at a very challenging level, technically speaking...
on a side way trend since this earlier high (40.79$) test ...
I'm looking for a possible restest or best breakout of this recent high (40,79 $) .
If
solid breakout occur... It would switch... into the all time high challenge level
keep an eye on LIT price going forward.
the long wkly chart:
https://stockcharts.com/h-sc/ui?s=LIT&p=W&st=2010-01-01&id=p28631001165 11 months wkly chart :
https://stockcharts.com/h-sc/ui?s=LIT&p=W&yr=0&mn=11&dy=0&id=p25342215342