LAC has been printing a very bullish pattern in the chart
Like in my previous post, it forms a double bottom and expected to hit $25 - which now is almost hitting. The daily candles has bene bullish and it's expected to break the resistance at $25. So what's next? being bullish on this stock, the next target is $37.How do I arrive at this price?
Usually it takes...
keeping it simple,
retraced perfectly to the 618,
squeeze indicator pushing positive
oversold RSI, continuing to rise
broke out of wedge into new resistance.
recent news about new diamond drilling started last week announced.
this is a new emerging company, huge potential gains, VERY SMALL MARKETCAP
energy sector is huge right now and will continue.
SLI:
Will you have coffee or tea?
Nice cup and handle on SLI.
It will also depends on the overall market but as long as we stay above 8.69 we can expect some continuation.
Target move (mentioned on the chart) is the extension from the bottom to the top of the cup.
Investopedia definition:
A cup and handle is a technical chart pattern that resembles a cup...
Very large and strong cup-and-handle setup holding well.
Handle is growing out higher lows.
Anyone have access to some technicals that could push CYDVF to new highs?
All is quiet on the new front and subreddit is virtually inactive.
Even though this one is an OTC stock, the potential is enormous. These guys mine Lithium, THE key component of current battery technology. They have the estimated largest find of Lithium in world at their site in NV. The only issue with that market is that China controls most of the LIthium processing, but expect that to change over the next few years. Notables...
Interesting mining stock.
How long will the commodity boom last?
Technically speaking, this is a textbook example of a rounding bottom.
The primary issue I have with this idea is the relatively short amount of time that the pattern has taken to carry out, although this may just be a product of a late-stage bull market and massive liquidity injection.
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...
Watching for a change in Market Structure.
Sideway accumulation, Confirmation of bullish momentum is key here before making a move.
Break and retest of 0.03c area = Entry
Invalidation - Break of current support
NICE big bullflag there folks. How low will it go? I'd think the waisteline at least. It's a bit open with the swing north and has a big vacuum to fill.
If I owned it, I'd sell it. Now. But I don/t. I got shaken and didn't have spare $$ to get back in.l
Maybe I am jumping the gun with this one, but #PLL is shaping very well.
Constant bull pressure to pull the stock back from strong support around $0.67.
If it can only break the resistance this time.
20-30% play in short term. DYOR.
Disclosure: Hold
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.
previous reversed green hammer, and next 4h candle green as well, so looks like good moment to step in as that bottom support has been held quite strong.
One of my favorite ETF's to trade on the ASX is the ACDC battery tech beast.
Its had a steady rise since the covid drop with over a 120% return so far, but we moved into a consolidation range with an upwards pressure since the start of the year.
We have had a few touches on either extremes of this range and im expecting it to break sooner rather than...
The trend is holding strong going upwards and momentum is building. Lithium demand is building especially as demand is outweighing demand in the near future
Breakout of the Higher High Lower Low set up with announcement the catalyst. The only lithium stock that hasn't run yet, looks like the start of a possible uptrend
