Lithium LIT

332
Hello,

Lithium global etf continues to be in a larger bull trend since late 2015 bottom at 14$

we broke out of a long downtrend in october 2019 and continue to stay in the bigger channel upwards

Right now we are overbought and will re-trace before another leg up. the 50Daily MA is firmly above the 100Daily and the 200Daily average. based on the cycles of around 450bars each we are only 25% into this upcycle, the last 3 cycles were around 1.5years

I'm expecting a retrace to the daily averages where now we have a strong zone of support between $25-$26. after we should see moves towards the target zones 50fib 61.8

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.