Lithium producer PLS is another stock we took profit on in the Emerging Companies Portfolio this week, ultimately we are looking for the surge since Q1 of 2020 to consolidate through 2022 and while we like the EV thematic investors should remember the supply side of the equation which led to a sharp correction by the lithium sector through 2017-2019 hence we like the risk / reward closer to its October low.
MM likes PLS into weakness under $2
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