EW Forecast for Orocobre Ltd:
- Orocobre Limited engages in the exploration, development, and production of lithium in Argentina. The company's flagship project is the Olaroz Lithium Facility located in the Jujuy province of northern Argentina. It also operates two open pit mines situated in Tincalayu and Sijes producing minerals, refined products, and boric acid. In addition, the company owns 100% Cauchari Lithium Project.
- Cup and Handle breakout.
- Orocobre is a leading producer and developer of lithium.
- We are bullish on commodities, especially metals.
- 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 approaching in the nearest future.
- We are bullish on the clean energy and ESG sectors.
- Orocobre is due to complete a merger deal with Galaxy, creating the 5th largest global lithium chemicals company.
- We expect companies to accelerate the merging process, in the rush to become "too big to fail", as the macro turn approaches... only the biggest entities will be bailed out, or bailed in.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
- Orocobre Limited engages in the exploration, development, and production of lithium in Argentina. The company's flagship project is the Olaroz Lithium Facility located in the Jujuy province of northern Argentina. It also operates two open pit mines situated in Tincalayu and Sijes producing minerals, refined products, and boric acid. In addition, the company owns 100% Cauchari Lithium Project.
- Cup and Handle breakout.
- Orocobre is a leading producer and developer of lithium.
- We are bullish on commodities, especially metals.
- 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 approaching in the nearest future.
- We are bullish on the clean energy and ESG sectors.
- Orocobre is due to complete a merger deal with Galaxy, creating the 5th largest global lithium chemicals company.
- We expect companies to accelerate the merging process, in the rush to become "too big to fail", as the macro turn approaches... only the biggest entities will be bailed out, or bailed in.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
