Galaxy volume can tell a story and indicate when the smart money is moving in and getting out IMO. Smart money does not move in when the price is soaring. It moves in and sucks up retail shares when the panic is on..
Smart way to play this IMO is to wait for weekly higher low as confirmation. Patience is key.
Dont want to see this current support level break...
Pilbara ASX:PLS has corrected nearly 85% from all time highs since Dec/Jan18. Now it is sitting at the Fib 0.854 @ $0.485. How much more will it continue to be shorted? PLS is one of the most heavily shorted stock on the ASX by the way.
The previous bull flag took 69 weeks to complete. Although there might be no correlation but price-action is printing a similar...
NEG Daily RSI Divergence playing out strongly on LPD, Gap done on positive new. (perhaps too many announcements on same day).
Looking for a "possible" reversal in the green zone, backed up by the 75 day MA. (has acted as resistance in the past..may act as support) Coming in line with the 61.8% fib level which is a probable spot for reversals.
Watching LIT ETF...
Australian advanced materials technology company Talga Resources (ASX:TLG) has reported further performance gains from optimisation tests involving its graphene-silicon, lithium-ion battery anode product Talnode-Si.
Talnode-Si comprises a mix of silicon and graphene particles engineered by Talga to be suitable for existing lithium-ion battery manufacturing...
Just finished my piece on ALB monthly and daily models (eue.tu.ub)
Both Daily & Monthly Models point to a low - optimal buy point - in Q2 2020
brschultz
$ACRL’s land is the ‘Allsopp-Hutson’ star that’s highlighted which they also list in their 10-K: Proof of their Allsopp ownership in their 10-k, Page 11:
“Allsopp Properties: Mineral Rights acquired in the Kirkland Lake Gold’s Macassa mine Complex Ontario Canada. Consists of 1,680 acres.”
They also have thousands of other acres and rights to diamond, graphite...
I think $SQM presents investors with massive reward to risk ratios here. Downside is minimal, whereas potential upside is huge. Prices can climb up to $281, in case of a quarterly uptrend, and eventually reach prices as high as $1841.65 over time, whilst paying a hefty dividend as well.
Electric vehicles are a huge source of ever growing demand for lithium, and...
In micro-caps I've found that the volume is too little for anything meaningful to come of some TA, so instead I've gone down the fundamental approach mapping out some key moments in this developing mine and what we would see if progress is coming.
I've mapped out the last remaining options in late 2018 and 19. I don't see any price action great enough to make...
AUZ has some work to do in order to breakout from the "Strong resistance line" and also get above this Moving averages. If 0.40 break could see another flush back to that .30 IMO.
Weekly rsi was way oversold along with 4 hour and daily.. This may have enticed the strong bounces from .30..
Watching that overhead Res..
Testing resistance points on the back of positive news flows.
Still the lingering question of Mining Wardens recommendation to WA Mining minister - Warranting a small retrace/ bounce of resistance points.
Consecutive close above $1.26 would confirm break out.
Positives
(Like to see it stabilize around these levels)
Infrastructure is in place, making pofits and re-investing
the market will eventually turn to demand driven, when the major car companies start releasing more electric models.
VW will release GOLF next year.. 5% of car owners in my company have electric cars (stockholm). the intial costs for the car are...
Sell on the short term on the broken long term trend line, including the possible Q4 market wide correction on trade wars..
A buy of a lifetime anywhere near $120~200 if the company still survives from a lower stock price and do not get drowned by debt.
(At this point, I AM not shorting. It is simply too risky, just keeping a lookout for a buy)
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