Lithium operator AKE is no stranger to volatility having experienced some significant swings over the last 6-years, the current cycles have clearly been up-down-up every two years. However with the current EV revolution gathering momentum we cannot see AKE delivering a repeat performance into 2024 however the markets stampede to ESG names over recent years has left the short term path of most pain on the downside, MM is looking for a test of the $7.50-8 region, around 25% below Januarys high.
MM likes AKE around $7.50
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