I always like to look at ORE as a yardstick for price movements in GXY. For some reason, we tend to lag ORE by a day or 2 each time there is a move.
Today, we are seeing ORE start an upward move after recently bottoming out. Currently, ORE up 2.7% today, GXY is no change.
This lag in the tandem move is always an opportunity to get into GXY - which I have again this morning. With the qtrly out very soon and the tide about to go back out for the Li stocks in general, I think there's some money to be made here.
Good luck to all.
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