Another favorite which i almost forgot i had. Entered a while back at 24$. working out just perfect so far and actually growing at a faster pace than i had anticipated. Going to add on to my position here substantually. as always a 3rd position @ 34$, a half position @ 33$, and a full position @ 31$
So far we could see modest pullback with decreasing volume. There are clear supports level incl. gap, Lets try to scale in with long term core position targeting .85 (and above) & short term position targeting .60.
Good volume last week. Looking to go long with weekly close above 0,32, ideally with volume. Second choice is at the base of triangle. Sorry, the chart is too enlarged, I can´t edit it,
Strong momentum from last week seems to be lost. Looking for consolidation & breakout from new base.
So far holding nicely. Looking to go long during pullback. Because of heavy shorts position, shorts squeeze coming?
Looking to add to position during possible pullback or after breakout of 0,60 resistance. Scaling in/out during trend with partial positions.
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)...
Trend contunination triangle. Huge market for lithium, with the up pace of electric cars being the driver.
As previously published, I longed that mining stock directly via bank, from 0,664 . This is a pretty cheap mining stock, that correlates even with gold. Nice juicy risk to reward ratio You could even hold it for years. I'll hold it at least for 6 months and check up on it again, since gold and silver are in seasonal major movements to the upside. See ya at the...
Bought this mining stock in lithium , magnesium and silicium. A pretty nice mining stock with being in it from its "start". Nice potential. News to this company fit in. Bought at 0,664 € / share
I am a believer in the Lithium market, this is a good ETF to follow; it has been stuck in a channel and currently hovering around a soft resistance $29(ish). If it can break the resistance up then I am watching for $30.50+
PLS long from range low. Looking for 0.58 against DC below 0.40
Safe buying here... Massive lithium potential $17m in CASH
Random thought, no skin in the game fyi but I think lithium in general is a good long play
Purple lines indicate previous consolidation zone in JUL/AUG. Forks show a nice upwards trend hovering at the upper prongs 50% level and the black support line seems to be holding up well too. All systems go here when we pass the 49-50c area to the depth of the cup and handle pattern indication of 66c
I missed this breakout /I concentrated to other similar stock PLS/. I hope there will be pullback to 0.44, which will allow better RR. But I am afraid there will be only north on the compass. First shipment from GXY mine will be sent soon: www.galaxyresources.com.au
Possible breakout from 4 month rectangle. Daily/weekly close above S/R zone, above fib, price above SMAs. possible impulsive move as in Apr/May. Developing fundamentals - emerging lithium mine in Australia. PLS-ASX
Established long position before anticipated breakout from the channel. Another lithium stock ASX:GXY already in strong uptrend - red line in chart. Target 0.50, SL 0.26, RR 2.0 Will add after daily close above 0.37.