Replies to post #237 on Global X Lithium and Battery Tech ETF (LIT)

[conix]

Global X Lithium & Battery Tech ETF (NYSE: LIT) gets you instant exposure to 37 of the world's best battery and lithium mining stocks.

The wisdom of owning broad exposure to lithium during a historic lithium bull market is obvious, but this stock in particular is well-positioned for profits ahead.

Astute observers will note the shares appear to be in overbought territory as the relative strength index (RSI) goes, but given that it's more than $10 above its 50-day moving average and nearly $20 above its 200-day, it's likely the trend – the uptrend – will continue for the foreseeable future. If that turns out not to be the case, though, this is definitely one to add to on dips.

[BottomBounce]

Don't forget this Biden signs executive order to review critical supply chains
https://seekingalpha.com/symbol/UURAF $UURAF $LIT