Detected 12-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 12-Apr. ASX:LYC represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a prior support level of $6.03 established previously on 24-Oct. Entry conditions: (i)...
Lithium Americas ( NYSE:LAC ) has recently announced that it will raise $275 million to accelerate the development and construction of the Thacker Pass lithium project in Nevada. The company will offer 55 million shares for $5 per share, just a month after the US government disclosed its plans to lend $2.26 billion to support the project. The Thacker Pass...
The stock price of Lithium Americas (NYSE: NYSE:LAC ) has experienced a sharp decline, plunging by over 27%, marking its biggest single-day drop since April 2022. This decline follows the announcement of a new fundraising plan by the company. Lithium Americas ( NYSE:LAC ) has been under significant pressure for some time, and as a result, its stock has plummeted...
Closed Above 20 EMA with large volume (due to announcement) and Bollinger Band Squeeze.
The Biden administration has greenlit a record-breaking $2.26-billion loan for Lithium Americas Corp., ( NYSE:LAC ) propelling the development of a Nevada lithium deposit—the largest of its kind in the United States. The loan, extended by the U.S. Department of Energy, represents a significant milestone in efforts to advance sustainable energy infrastructure and...
Atlantic Lithium Limited: A Potential Gem in the Lithium Mining Industry The demand for lithium, a crucial element for electric vehicle batteries and other renewable energy technologies, is soaring, propelling the lithium mining industry to the forefront of global economic growth. Amidst this surge, Atlantic Lithium Limited, an Australian-based company, has...
Target 1: $15.32 Major Resistance Level: $18.48 Target 2: $26.77 Target 3 / Resistance Level: $36.10 Long Term Target 1: $53.92 Long Term Target 2: $79.65 Major Resistance Level: $95.82 (Disclaimer - After today's massive jump on Volkswagen news, it's likely we will see at least a small pullback. But in the grand scheme of things if this technology is actually...
Hey Folks! This is an update to my Head and Shoulders bullish divergence idea. You can see the double bottom Stochastic RSI and continued price increase. Granted it's not the most bullish divergence, but the H&S pattern at this moment, is more likely to play out than not imo. It's not unusual for price to stray only to come back into the fold in a H&S. 10...
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...
Lithium Futures are trading down with price correction. Proxy for the EV (Electric Vehicle)
$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.
Livent Corporation ( NYSE:LTHM ) Sector: Process Industries (Chemicals: Specialty) Market Capitalization: $5.778B Current Price: $30.49 Breakout price: $32.90 Buy Zone (Top/Bottom Range): $30.10-$26.70 Price Target: $44.80-$46.20 Estimated Duration to Target: 117-125d Contract of Interest: $LTHM 4/21/23 35c Trade price as of publish date: $4.00/contract
After reaching a high of over $41 in 2021, Lithium Americas has languished since, spending much of its time in the $20’s range. This is not surprising, since LAC does not make any money and carries over $230 million in liabilities. However, I believe that LAC share price has the potential to make an exponential run over the next 5 years. The bearish case. Before...
Basing for 5 months. Confirmed breakout, pullback and reversing back up. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Livent Corporation ( NYSE:LTHM ) Sector: Process Industries (Chemicals: Specialty) Market Capitalization: $3.922B Current Price: $24.25 Breakout price: $25.00 Buy Zone (Top/Bottom Range): $23.70-$20.50 Price Target: $29.30-$30.80 Estimated Duration to Target: 160-171d Contract of Interest: $LTHM 10/21/22 30c Trade price as of publish date: $2.00/contract
Albemarle Corporation ( NYSE:ALB ) Sector: Process Industries (Chemicals: Specialty) Market Capitalization: $27.636B Current Price: $235.98 Breakout price: $243.05 Buy Zone (Top/Bottom Range): $231.20-$210.80 Price Target: $263.40-$265.50 (1st), $288.00-$291.50 (2nd) Estimated Duration to Target: 86-90d (1st), 159-166d (2nd) Contract of Interest: $ALB 9/16/22...
It looks like this descending trendline will be broken in the following days/weeks. Then we could see a continuation of the bullish trend in this stock. According to fundamentals, it's somewhat likely that this mining corporation will benefit from the worldwide money inflation. Technically, with a break of the trendline and a bullish impulse, the moving averages...
AVZ looks very promising to break out on Monday, MACD and RSI Cross. Also closed above 20 SMA