My opinion on lithium stocks right now. dyor. lithium market is predicted (by some) to grow 10x over next 10 years.
Lithium Americas Corp. ( NYSE:LAC ) Sector: Consumer Non-Durables (Beverages: Non-Alcoholic) Current Price: $32.67 Breakout price trigger: $30.00 (hold above) Buy Zone (Top/Bottom Range): $31.80-$28.00 Price Target: $39.20-$41.00 (1st) Estimated Duration to Target: 33-37d (1st) Contract of Interest: $LAC 12/17/21 40c, $LAC 2/18/22 40c Trade price as of publish...
Opened half-sized position on strong move over two important pivots. No earnings as of yet which would normally be a red flag, but strong volume patterns all over this lithium company's stock make it difficult to ignore. Other lithium stocks ($ALB $LAC) showing strength & look like they're ready to break out of bases. $SLI displaying relative strength within...
$LAC Looks like a cup and handle breakout. Target is the orange box.
I'm long here. Breakout retest with nice bullish confirm so far... Given $24.5 holds, calculated move to upside $30 PT . Earnings upcoming could send it. Let's see how price action looks next week. Lithium, EV, Uranium, precious metals all in for a Q4 run it looks like. Regardless, from a technical perspective this is text book Cup and Handle and I'm...
If you stayed in this one with me - congrats! I am out as of now. This was a great run, great company, everything about this stock screams to the moon but I can always rebuy it on the red. Knowing what you own makes it a lot easier holding it through the chopper.
Price pull back to 50% fibo since hitting our first TP previously. We are eying at $23 the next resistance level. Continue to hold bullish
This is if we break down in this triangle, we will see a wave 5 down to $8.
Supported by 38.2% Fibo Break and closed above 50% will target at 61.8% TP: $18 SL: $12
$LAC Target 23.32 for 25.24% Or next add level is at 13.08 LET'S GO... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups...
$LAC Target 24.13 for 28.49% Or next add level is at 13.43 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first...
Details in photo! What do you think? Like, Follow, Agree, Disagree! Support a broke investor with a follow! I'm tryna make it off this market!
You throw enough $h!t at the wall - some of it will stick. If we hold 200MA - lights out, cosmos, Gagarin....Hello Laika Biden and his "eco" friendly agenda will run this up to the moon. Check out Lithium Americas website. Not your ordinary 2 dudes in the basement operation that you typically like to buy. Mega potential.
$LAC Target 24.76 for 27.56% Or next add level is at 14.06 I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. ...
The correlation between TSLA prices and lithium prices is remarkable (we are using the stock prices of two lithium miners with low diversification as a proxy- so more diversified Albermarle is not included - which is obviously an imperfect proxy). Movements in the price of the largest US-focused lithium miner LTHM explain 79% of the variation in TSLA's price since...
LAC has broken the supply line coming off the highs of 28.72 We found support at 17.71 and again above 19.76 If we can break above 20.89, first target would be 24.76, and ultimately a retest of the resistance at 28.72 If we break support to the downside, there isnt much underneat us til we can to the bottom of the green range. Bullish divergence on the RSI but...