VUL.AU Vulcan up +30% from Recent Lows.

VULCAN ENERGY RESOURCES LIMITED is up +30% from it's recent Lows and possible Double Bottom. Still needs a further +10% to break above the last recent High.

The Chart should be self explanatory.

The Lithium miners are seeing a recent boost after a severe Bashing Down and are now might be seen as undervalued.

Congratulations if you got in @ the Lows.

As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.

If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.

Regards Graham.

Comment:

Price Action is also now above the EMA's and 1D VWAP which is Bullish.
I must study others to see if this is why we often see the Lows Re-Testing, thus creating a Double Bottom Scenario.

Comment:

Now at a Potential Resistance Level +-$3.50
Trust the Momentum Pushes Higher.
The Trend Cloud is still Positive on the 4H.
IMACD = Green. 4H

Comment:

Retracement to the 50% FIB.
If all bodes well, should resume the up Trend.

Comment:

OOPS: Retracement to the 38% FIB.
If all bodes well, should resume the up Trend.
Needs Conviction.

Comment:

Conviction Working for now.
I do expect some profit taking though.

Comment:

Holding the Trend. Expect more Upside on this One.