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...
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 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...
#Albemarle Corp.
#Sociedad Quimica Y Minera de #Chile
#Lithium Americas Corp
#Global X #Lithium & #Battery Tech ETF
In the midst of takeoff... the electric sector is gracefully spreading its wings. 🚀 #ElectricRevolution #SustainableFuture
Lithium stocks in extreme oversold spots right now, these stocks like "LAC" in my opinion is very good long-term hold with at least 400% - 560% gains in upcoming year or two. You rarely see anything as cheap as this, possible we will never see these lows again in our life times.
When stocks like TSLA and other Electronics will rise Lithium stocks will skyrocket....
LITHIUM: Bullish-Wolfe Waves
2 Wolfe Waves detected
Divergence of the ROC indicator
the prices are low
It’s sales!
the objectives are indicated on my video
LAC is extremely oversold on multiple timelines but is showing early signs of bullish reversal. Over $1.1M in insider buys in the last week of trading.
Hello traders,
today we are looking on the price of LAC. Looking at the chart, it's clear we are at a crucial point where the direction is about to be determined. We expect the price to break out from the current pattern and head higher. It is worth noting that the price found support at weekly level, which also correspond with the golden pocket area on the...
Always keep an eye on LAC, however, I've never seen it hold within a falling wedge for as long as it has, while heading into earnings. LAC is still holding the same massive falling wedge on the daily and weekly timeframes. LAC has a nice double bottom and MACD golden cross on the daily timeframe, accompanied by a bullish cypher harmonic pattern. Bullish and will...
Went long here, solid company to carry out break in resistance over strong macro economical factors. EV Sales Skyrocketing, Production Still Limited, and Supply of Lithium Still In Demand.
Have had my eye on LAC and the lithium sector for quite some time now, and some big news coming this week for LAC while simultaneously setting up for a breakout. LAC is currently holding a massive falling wedge on the daily and weekly timeframes. On top of that, LAC has some slight bullish hidden divergence on the RSI after being way in oversold territory, a...
NYSE:LAC
Taking a look at LAC here.
Breaking a trendline going back to 2020
with not much support looking left.
could be in for quite the fall from here
keep an eye out all you bears out there
Watching LAC and the lithium sector closely here- LAC is currently holding a massive symmetrical triangle on the daily timeframe while holding an even larger falling wedge on the weekly timeframe (See Attached Charts Below). Additionally, LAC is sitting right on its 100-day SMA, which, is has been acting as a strong support level for quite some time. LAC's EMAs...
