Lithium has been in a strong bull run. SLI in particular has had a very strong recent history. After retracing down from its highs, I believe it could be forming a potential bullish continuation. Price action is potentially at a strong buy.
Alternatively, there is a support level being tested below $7. A further breakdown would mean that the current pattern is actually a bearish triangle rather than a bullish pennant or bullish wedge.
This is my first post so just sharing my thoughts while looking for an entry.
Alternatively, there is a support level being tested below $7. A further breakdown would mean that the current pattern is actually a bearish triangle rather than a bullish pennant or bullish wedge.
This is my first post so just sharing my thoughts while looking for an entry.