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Global X Lithium and Battery Tech ETF LIT

Global X Funds - Global X Lithium & Battery Tech ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in public equity markets of global region. It invests in stocks of companies operating across materials, metals and mining, diversified metals and mining, diversified metal ores sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Solactive Global Lithium Index, by using full replication technique. Global X Funds - Global X Lithium & Battery Tech ETF was formed on July 22, 2010 and is domiciled in the United States.


ARCA:LIT - Post by User

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  • PocketfulofhopeX
Post by Pocketfulofhopeon Jan 31, 2024 11:30pm
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Post# 35856344

Been watching this pull back where is bottom

Been watching this pull back where is bottomWaiting to see when it levels, trading at 3 yr low.. with government grants to assist in country lithium supply i would of thought the global x would see positive buying.  Lithium sector as a whole is struggling like much of market.  In fact most of the plays are looking ripe for a bounce.  Government support should get investors interest back to Lithium. Once grants are awarded it should turn sector on.  The only play that seems to be trending north in lithium i am followinf or own is N.lits which has some interesting tec and have been issued grant money jn the past.   Global X i hope will see a similar reversal... started buying some today.   Great luck to all
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