Lithium producer PLS continues to follow our roadmap so perfectly that we felt compelled to again outline our view moving forward, especially due to its high correlation to IGO:
- The first green arrow was satisfied by the spike up to $2.53.
- The down orange arrow was satisfied by 20% fall to test $2 this week.
- We are now looking for fresh 2021 highs but this is a rally we would fade as opposed to embrace.
MM remains bullish PLS short term
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