TradingView
TAjames
Apr 29, 2021 11:34 AM

Vulcan moving perfectly to hit next resistance level at $9.30 Long

VULCAN ENERGY RESOURCES LIMITEDASX

Description

Lithium sector getting another cycle now. I dont really know how to take Vulcans quarterly today, but it didnt impact price to bad so im thinking it was neutral. Chart itself is best ive seen this year from the share price. Probably a move up tomorrow followed by a sideways week next week, then a move up to next resistance level. Definitely a good time to buy as there should be strong support at the $7.70-$8 mark. Entry here with a stop at $7.50 and a price target of $9.30 initially.
More