Hopefully we close above the 50ema today, otherwise we'll be opening bellow it on Monday. I believe we've already broken out of our "bear" market. Using the Volume Profile indicator, I've found key areas where price reverses its trend. Every dip bellow the POC has been followed by large growth. Considering SP hit a 2 month gain of 104% after it dipped bellow the...
www.forbes.com I am too tired to write now but I bought this stock as an investment. Great team behind it and further ahead than other new-age battery stocks in my onpinion
This company chart looks very bullish over the last 8 months you can see a clear trend line up and they are exploring for Lithium in Quebec and Argentina
“A new clean energy economy is emerging, and it is emerging much faster than many stakeholders, policymakers, industry players, and investors think today” – Fatih Birol, Executive Director, IEA during the Global EV Outlook 2023 press event on 26 April 2023. The International Energy Agency (IEA) published its Global Electric Vehicle Outlook for 2023 on 26 April....
A few week ago we posted about the potential bear trap setting up in LIT. So far that thesis has played out and I give credence to a potential short term pullback here. However, that price action on SGML around 40 has been quite notable and when compared to other lithium based companies we see impressive relative strength. Any kind of growth / equities push could...
By the looks of it ATLX still has some more room to correct and consolidate. The hype was really intense during the last run up. Lots of bag holders still waiting to get out after buying the top between FWB:30S and $40s. The MACD is pointed straight down on the weekly and still has lots more room to go before a possible curl up. The RSI is also pointed...
ATLX is poised for massive gains over this next year and possibly sooner. Without getting into the fundamentals too much, if you look at Sigma which is very comparable to ATLX their market cap is around 3.5 billion. Sigma stock price is only in the HKEX:30 range because they have a ton of outstanding shares and a giant float. They have 107 million outstanding...
Following the impulsive movement up since the March 23rd low, the chart formed an expanding flat which is followed by another smaller expanding flat. The longer the build up, the bigger the potential down the track. Usually a bigger impulse (after the flat) followed by consolidation is more desirable. If you look further back at the market structure, this ticker...
LPI has experienced an impulsive 25% drop after Chile announces that it will nationalise its country's lithium supply. Private companies will be forced to work with the state to develop the local industry. I have not looked in depth into Chile's lithium industry and the potential long term consequences but the market demonstrated how it felt about the...
CXO looks to be forming a running flat in the short term. C-wave is incomplete so a little patience is required before considering an entry. Any move to the golden zone will need to be scrutinized. The 92c and 89c level represent sturdy resistance and support zones. Could also possibly become an expanding flat in the future. A tight stop loss here (5 to 7%) is...
QPM's debt financing is making progress. An important milestone was reached with a German supplier collaboration agreement as well as German Funding support. German companies Plinke GmbH and Andritz Separation GmbH & Siemens LTD have agreed with supplying a significant proportion of capital equipment required for the TECH PROJECT. Germany's Export Credit agency...
NASDAQ:XPON tight coming into the 50 day. Nice run and holding tight.
They are literally printing money. Don't be surprised to see new all time highs in the next year
The C wave from March 2023 demonstrates bearish movement from falling lithium spot prices and a bearish macro environment. The C wave movement has turned this from a running flat to an expanding flat . Interesting to watch market psychology is at play here as participants sold PLS down despite a 1.2 billion in profit and a maiden 11c dividend paid out. Prices...
Lithium Futures are trading down with price correction. Proxy for the EV (Electric Vehicle)
Moved from a running flat to an expanding flat . Spot lithium prices have fallen 34% in the month of March, highlighting a slowdown in demand caused by contractionary monetary policy. The spillover effect onto major banks indicate a stronger possibility of further downside which may lead to a recession during summer (US). Downside is clearly linked with a number...
$XPON pullback set-up at the 20D SMA. Very thin volume but nice set-up as it has surfed the 20D for the entire 600%+ move. Strong industry as well.
Standard Lithium is Double Bottoming at the PCZ of a Bullish Gartley which also stands near the 200 Week SMA and is Bullishly Diverging on the MACD; If it can hold the PCZ and rally back above the 200 Week SMA, I think we will begin a big move up similar to $NLST.