Normal
A natural correction I would say. A lot of people have made a lot of money the past year on these and may have just thought it was time to take some money off the table. Stocks may have overshot their intrinsic or perceived value or there's worry that the price of lithium was turning into a bubble. The chart posted above does look very tulip-like. The major difference is there's some fundamentals behind the use of lithium compared to a flower. So, in my opinion, a healthy correction. Might see more downside as more profits are taken. A worst case scenario is the price of lithium takes a dive for a few weeks which will see punters run for the door, but a complete breakdown is very unlikely due to the dot points mentioned above. But, I'm not a lithium expert in the slightest. Learning myself.
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