Lithium is important.
US wants to be american owned and built, so why wouldnt the US government back and support LAC?
With lithium becoming more and more important for batteries, not just for EV's, but for backup sources for DATACENTERS. this ticker popped as of recent convictions US will support rare earth minerals.
Goal is to pick up and load up shares in and around this zone along the strong floor.
The ceiling will need to confirm green a few candles before it can pop to one of the targets.
I do have a stop loss location, but i do not expect us to hit it.
this feels to me like an asymmetrical play
US wants to be american owned and built, so why wouldnt the US government back and support LAC?
With lithium becoming more and more important for batteries, not just for EV's, but for backup sources for DATACENTERS. this ticker popped as of recent convictions US will support rare earth minerals.
Goal is to pick up and load up shares in and around this zone along the strong floor.
The ceiling will need to confirm green a few candles before it can pop to one of the targets.
I do have a stop loss location, but i do not expect us to hit it.
this feels to me like an asymmetrical play
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.