looks strong holding the 236% fib looking to fill the gap to .09c . Maybe this has to do with battery day, cant be certain but this is the strongest move I've seen in this stock in months. Happy to be holding. RSI way overbought on all TF's except hourly. Makes me think LLKKF has room to run and is in a bull market cycle as of lately. Of course the RSI will crash...
just quickly wanted to get this out there, news came out a group call Break Through Energy consultants just bought billions worth of this Lithium mining company that operates out of Australia , Bill Gates bought 20 billion worth of public shares. I got in at .09c 5 min late pumps to .19c. I think it is going to fly guys
Factors
1. Price has broken out of the recent downtrend (03/06/19 - 02/01/20)
2. There is a bullish candlestick printed where price broke the recent downtrend (02/01/20)
3. There is a gap at 5.4c which I would be looking to target.
Possible Reasons For Failure
1. Momentum may fizzle and close the gap below
2. Low volume on the initial breakout
3. 13/48 EMA...
Not surprises here when you look at the chart. Brine plays haven't be the best of late in the lithium sector. I would avoid them for the moment and stay with near term hard rock lithium producers.
