LPI looks good on daily, weekly and monthly. LPI's lithium peers have gone considerably over $1.
It looks like this descending trendline will be broken in the following days/weeks. Then we could see a continuation of the bullish trend in this stock. According to fundamentals, it's somewhat likely that this mining corporation will benefit from the worldwide money inflation. Technically, with a break of the trendline and a bullish impulse, the moving averages...
SQM is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world’s biggest lithium producer. Monthly chart looks great. Nice breakout on the daily today. Long
AVZ looks very promising to break out on Monday, MACD and RSI Cross. Also closed above 20 SMA
LKE breaking out of a 5 month consolidation period, looks like a 5 month cup and handle pattern Target is at the 1.414 Fib level and also the "Cup and Handle" Traditional chart pattern target. Lithium sector and commodities all running hot atm. Volume is very notable on the breakout also. Adds conviction. Looking for lower timeframe backtest entry
As you can see in the chart, LAC, Lithium Americas Corp., a company that explores for lithium deposits, has formed a bullish trendline. We indeed might see a $40 spike in price like Cowen brokerage predicted.
Writing this up very quickly as we prepare for the open. This setup looks outstanding. Aqua Metals, Inc. engages in the recycling of lead, lithium primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. The company was incorporated in 2014 and is headquartered in Reno, Nevada. Basically, this company recycles the...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 4, 2022 with a closing price of...
Hey Traders,' As you can see on the 1D chart of LTHM, we have experienced lower lows and higher lows, symptoms of a falling wedge. The target out of this falling wedge would be $30-31. However, I would keep a close eye on the golden pocket level and potentially start taking profits at $28. The weekly MACD is also showing signs of reversal to the green area. We...
$AZL looking a pennant set up. Looking like it could break out of this set up soon.
This could be really bullish for the reversal next week. could be leading indicator for the markets direction.
Good Luck everyone! Lithium in general has had some decent runs lately, who's to say this couldn't do the same? Well, that's all I've got. I'm an armature trader FYI, I look for support and measure based on moving averages. Learning as I go.
Looks like we just finished the 9 year uptrend with a 5 wave move and even can see a classic throwover associated with rising wedges. Very nice. I just saw an advertisement for this company funny enough and this looks really overextended. Yes there will be a higher future demand for Lithium but the stock has gotten ahead of itself. This will pullback hard almost...
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My opinion on lithium stocks right now. dyor. lithium market is predicted (by some) to grow 10x over next 10 years.
Positives: Major Lithium producer Has broken into a higher channel Negatives: Volume is dropping RSI has broken a minor support Will probably consolidate its position here and head higher
A break above this price level offers little resistance Broken the RSI downtrend Recaptured the RSI uptrend Target $1.2
Break out on the weekly with rising volumes RSI breaks the downtrend and aims to recapture the uptrend. May see some resistance soon, but I have learned not to overthink it. Hold and buy more on the dips.