Cramer got in the SQM game, realizing the benefit of the play. Welcome to the party Cramer (
see video/article) He does say to hold off on purchasing, and wait for a pull back. Anyone reading this blog knows I agree. IMO, SQM needs to consolidate.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRowxrZrvRDqkVpB9xssr58n9y6Vh9Njor4WP4DvBPChWPFE6H0B2R3Snwdse7HTU8-TLmfmtyezzuhXyRLexWnE6KM4fp59ImVw1-51eBZutbUFMUn3EiGK-aFBVb8JRzFXpOJ5Iyf6E/s400/sc.png)
SQM is at a very light support level, while still being fairly overbought. I still think it can trace back between 40-41.
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