it crosses 7.30-7.50 range. Trend lines plus penant. But I am a rook.
Seems unlikely short term with lack of PR till June likely and downtrend in battery minerals in wake of SQM-Corfo and MS report.
In a long-term uptrend. Showing some consolidation around $11.50. Historically has tended to break-out after consolidation. Would set a stop around $11.
As per Stan-Weinstein's book The Secretes for Profiting in Bull and Bear Markets, 200-day Mansfield relative strength index is an important indicator to determine the stage of a stock. The basic calculation is using the close price of the subject stock and close of a benchmark index using the following formulae:
a - subject stock
b - benchmark index
SMA (x, p)...
