Global X Battery tech & Lithium ETF
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ACDC battery tech consolidation

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One of my favorite ETF's to trade on the ASX is the ACDC battery tech beast.

Its had a steady rise since the covid drop with over a 120% return so far, but we moved into a consolidation range with an upwards pressure since the start of the year.

We have had a few touches on either extremes of this range and im expecting it to break sooner rather than later.

Looking to add to my position if we get a chance around 91.50 again and then simply waiting for confirmation incase we get invalidation and drop through this HTF consolidation.

Bullish on the space for a while longer and the chart looks good for a push.

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