SLI 3D chart, lithium producer coming online in the USA -Nice bull pennant and flag -I am long term bullish -Still in a downward wedge accumulation -Watching for breakout above upper trendline None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and...
Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with approximately 150,000 acres of brine leases located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd. in December 2016. Standard...
ADX of 46 with D+ angling up indicates a strong uptrend as yesterday's candle took out the .78 Fibonacci level as it approaches the POC (12month) OBV confirms the uptrend and short and long term Force Index suggest the rally up should continue. Looking for a break above 6.33 with volume to avoid a potential double top. Target: $7.91
Weekly Failure H&S With Daily Triangle Anticipatory Confirmation
Looking at the DAILY picture, a "Diamond" pattern is in progress and is currently trying to upside breakout the downtrend resistance line of this bullish pattern. Last but not least, the Kijun-Sen or Base line also coincides with the upside breakout level of this Diamond pattern, which if broken would also give, an additional confirmation signal, calling for...
Lithium has been in a strong bull run. SLI in particular has had a very strong recent history. After retracing down from its highs, I believe it could be forming a potential bullish continuation. Price action is potentially at a strong buy. Alternatively, there is a support level being tested below $7. A further breakdown would mean that the current pattern is...
SLI: Will you have coffee or tea? Nice cup and handle on SLI. It will also depends on the overall market but as long as we stay above 8.69 we can expect some continuation. Target move (mentioned on the chart) is the extension from the bottom to the top of the cup. Investopedia definition: A cup and handle is a technical chart pattern that resembles a cup...
Entered trade as SLI came through the previous week's high after a two month pullback to the 100-day line and experiencing volatility contraction over the last couple of weeks of trading. My stop loss is under Thursday's low. If the Electric Vehicle trade stays hot, the lithium stocks, such as SLI, should continue to rise with the E.V. stocks.
Opened half-sized position on strong move over two important pivots. No earnings as of yet which would normally be a red flag, but strong volume patterns all over this lithium company's stock make it difficult to ignore. Other lithium stocks ($ALB $LAC) showing strength & look like they're ready to break out of bases. $SLI displaying relative strength within...
Another basic material stock showing good upward movement. Could continue if the current bullish flag confirms. If confirmed: Price target = 15.02$ Stay humble, have fun, make money!
Hi everybody, my name's Lurn, and I'm a relatively new investor. I'll be publishing my simple chart analysis. I'd appreciate some criticism and if possible some help for my future endeavors. On this post, I'm looking at this Electric Battery stock, SLI. In my opinion, electric batteries are the future. This stock has been in my watchlist for a while and after the...