Current sentiment:
Goldman Sachs big net sellers, deutsche bank big buyers
High volume in the sell off from the highs
Signs of a reversal are possible:
Dragon fly doji showing on the hourly chart (forming into a bullish hammer)
Dragon fly doji on right on 200ema (past data shows support on 200ema)
Oversold RSI
Risks:
moderate - high volume sell off
Current sentiment on lithium plays, GXY, AJM, KDR are negative
Personally, great prices for a buy, but needs to hold and bounce from here.
Goldman Sachs big net sellers, deutsche bank big buyers
High volume in the sell off from the highs
Signs of a reversal are possible:
Dragon fly doji showing on the hourly chart (forming into a bullish hammer)
Dragon fly doji on right on 200ema (past data shows support on 200ema)
Oversold RSI
Risks:
moderate - high volume sell off
Current sentiment on lithium plays, GXY, AJM, KDR are negative
Personally, great prices for a buy, but needs to hold and bounce from here.