Simple technical analysis. Read the chart. Short signal at 33:30 and cover at 30:00. Wait for reversal candlestick/doji and wait for the bounce off the resistance line of 33:30 before actually shorting. Good luck traders.
SQM is claimed to be the efficient chemical mining leader in its group. Lithium demand and prices, as well as output along with the stock is expected to increase. SQM financial is weak relative to prior performance, but current levels are holding up and is expected to improve. Lithium competition: ALB, FMC, ASH, POL, TLH, LIT, GXY, LAC, ORE, CLQ, and WLC
NYSE:SQM Looking for a reversal back down. Think this is overextended and have place my stops a bit wide of the gap for some play if it has more upside. Shooting for a target around $15 for a pull back.
