LAC let's look behind the graph. In recent weeks, the Trump administration has been working to advance large-scale mining and energy projects in federal territories whose investors want to ensure the projects progress even after President-elect Joe Biden takes office, the New York Times wrote. A mining project is also awaiting direct action by the Trump...
With lithium stocks rising, PLL looks to be following suit. Moving averages supporting price as it moves higher.
FEEL free to DRAW your OWN conclusions Technically its possible
LAC is a real value here. Its has been crawling up the 50sma after the sell off. Now its breaking above the supporting moving averages. It was down today but should continue higher. You cant make EV batteries without Lithium. I see this going back to previous highs.
Cup & Handle forming for LAC. Looks to be shaking a few weak hands. I can imagine a pivot point confirming once we find out who wins 2020 presidential election
6 Month 2h frame in a Heikin Ashi look Fibs, vol, MA and MacD Signs are showing 19.04 if we get this price up. I like how its looking so I'm glad to be in it and now about to enjoy the ride as well. And to find out, they are also based outta Canada, Lets goo for my home country baby!!! hahaha Have a good day #TradeSafe #InvestSmart #LithiumAmericasCorp NYSE:LAC
Nice wedge has formed in LAC. Could be getting ready for another run higher.
With Lithium producers steadily climbing I bought ALB this morning. Price is above the supporting MAs and moving higher. Should reach new highs over $100. I bought LAC months ago and LTHM last week. Lithium for electric car batteries.
Another bear flag formation, consolidation leading to 20MA support line. Looking to at least retest $11. Lots of hype around Lithium producers, especially given TSLA recent deal with $PLL, can we see another big EV competitor striking one with $LAC?
Lithium Americas Corp long-term long www.lithiumamericas.com
This is a strong sector for the future, the technical set up is nice and ready to move out of the resistance area. The volume and MACD show buy, weekly looks good. Do your research. The risk if followed is around $3 per share
This may take some time (4-6 months or so) but Lithium is bullish everywhere, including uses by $TSLA, No stop loss here but if you prefer at the previous swing low 130% potential max gain Red lines are potential targets Good luck
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 www.lme.com 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. */
As per Stan-Weinstein's book The Secretes for Profiting in Bull and Bear Markets, 200-day Mansfield relative strength index is an important indicator to determine the stage of a stock. The basic calculation is using the close price of the subject stock and close of a benchmark index using the following formulae: a - subject stock b - benchmark index SMA (x, p)...