Disregard last nights analysis on vulcans price action play... if anyone knows why some lithium stocks have soared this morning please let me know. Otherwise, great buying volume and its behaving alot differently to the other spike of buying volume. Should see some consolidation above the 6.80 mark and hopefully no drop below the 6.60 mark again if you want to...
Id like to see one more touch of the rising trendline before a break above. So with that said, i will load up at $6.10. Personally, i dont think vulcan is ready to break above, so another week here, either above the 43EMA on the daily, or a touch of trendline at $6.10 will set Vulcan up for a strong break and follow through with first target at $8.00. Currently on...
Higher low in, hopefully a larger green candle to form a 3 green soldier pattern tomorrow. Good volume in the first hour this morning, which followed through. Lets see how it goes tomorrow.
2 paths, white one based off an april buy for lithium, in which case, can get back to resistance around the 6.80 mark. Blue path is a double bottom pattern, which after todays selling volume, id guess its going to take. No buying this one for me currently just based off selling pressure in recent days. But on the 4 hourly (i use this for swing trades, doesnt...
Above $6, vulcan is still bullish, but today its proven its not ready for the next leg up, i have a buy order at $6.15, with a stop loss at $5.90. Currently on watch, april looks like it will break out (on the chart) but if it does break out, id rather see a consistent day of buying as opposed to a sell off for the first 2 hours..
Looking for a close above $6 for a trend reversal for next week. Alot of supply at the moment, but cap raise is still $6.50, and still a target for next week considering the reversal in lithium stocks overnight.
Quick flip unless it shows strength of continuation. Stop loss $4.80. 20% below cap raise price.
Looking for vulcan to consolidate for a few weeks in the yellow box. Between $6 and $6.80. A break above $7 would be a good sign, but before any pushing to the highs, there would need to be another shakeout and retest of the $6.80 zone. All this can change though with lithium news as well as the US stimulus being used to buy American lithium stocks. On watch until...
Following bearish trendline, a break here will see vulcan start a new uptrend where i predict it could make new highs by July. Zero carbon lithium will be the way of the future for EV batteries. Recent cap raise at 6.50 puts a tight stop loss for entry and good chance of reversal this week. Next week could see $8 again if trendline is broken and volume comes in....
This is in the start of a parabolic wave (3) of larger degree and will cycle a lot higher long term strap in and hold on!
Late play in the day. VUL popped up on a higher than normal volume and price scan. I had a bit of a read of their latest announcement and looked interesting. They are making a strong play for the battery metals market in Europe with zero carbon lithium as their differentiator. Have an ex Tesla director in their employ to help broker deals. Bolly looks to have...
Buying pattern spotted after Tesla Battery Day on the 24th of September. Followed buyers when the sector was falling, with an average price of 0.96 Watch out for gap up region with high volume from $1.04 to $1.15. More upside coming this level holds Conditional exit trigger at 0.97
Battery Minerals seem to be holding up. Time for the lit leaders like VUL and NVX to go again?