Model has given entry signals for American Manganese:
- American Manganese Inc., a metals company, focuses on the recycling of lithium-ion batteries with the RecycLiCo Patented Process.
- Lithium ion batteries are critical in the renewable energy industry.
- We are very excited about opportunities in the commodities sector, as we believe a macro turn is...
Breakout: ~$1.50
Resistance: ~$1.40
Support: ~$1.30
Trend reversal: ~$1.20
30 min candle for monthly range - Weak buying pressure therefore it did not break above resistance with strength instead it retested support.
Price action continued above the 50 MA was a great indication for bullish momentum to continue forward.
Personally, watching for an increase in...
Definitely not a stock to be traded but to hold LT especially if the lithium industry in relation to the EV market keeps growing but that is my option ;P
Not financial advice
Based on price congestion around this level I except a rise very soon above the t-line & 20ma, once that happens I will be placing a LONG here.
Next barrier will be the daily 50ma 0.18 to head higher.
AMY is a no-brainer, in my opinion. Private placement for $1.5mil secured at .25 per unit, allowing the option of purchase of 1 common share per unit for the next two years.
I really like the business plan, and Cobalt is hot hot hot right now with self-driving cars in the pipeline. I am hearing that each battery is $5,200 or so per vehicle. AMY has had great...
