Short Term Trading Easter Weekend Lounge 29 Mar - 3rd Apr, page-8

Lithium & Rare Earth ETF update:
(Previous charts links: 27 Feb, 19 Feb, 5 Feb, 19 Jan)

LIT:

LIT trend becoming more clear. A series of lower highs and lower lows have come in. LIT's attempt to stay inside previous channel has failed (two light blue lines). A test of Support around 30 is looking more likely. Best case scenario, finds Support here and consolidates in mid-30s for a while.


REMX:

REMX hit Resistance a couple of weeks ago. Since then, a series of gap downs on higher volume. Good chance a test of recent lows going to happen next. Potential Support around 26.