RealMcafee

LITHIUM: potential long opportunity

Long
TSX:LAC   LITHIUM AMERICAS CORP
Lithium Americas Corp.

Technically, long opportunity with possible double bottom . Lithium price is very volatile, still no futures as of yet. LME still working it out https://www.lme.com/Metals/Minor-metals/...

Fundamentally there is talk of possible oversupply.
This chart is for the Toronto Stock Exchange. Stock also available against USD on NYSE.

/* Trade at your own risk please. */
Trade closed: target reached: I wasn't able to post for a month - this trade was closed out at target. Update was provide on twitter. Thanks
https://twitter.com/BarclayJames1/status...
Interesting to see where this goes now, maybe retest towards 6?

Comments



Possible senario?
+1 Reply
RealMcafee joachim.snellings
@joachim.snellings, possible ofc, with the new Tesla factory and spotlight on low carbon tech + lack of growth in traditional markets something like this could really happen sooner or later
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@RealMcafee, Thanks for the info! always a pleasure. Happy trading
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