$LAC Top watch for me Please see chart, over noted range break w volume high i will be long too (noted on chart)
Trade ideas
Tesla's Overuse of Lithium Batteries Could Make This SoarTesla has been using lithium batteries like crazy, and that could mean that they will start needing to purchase more lithium. They are currently in a deal with a Chinese company for this, but If they start needing more (which they will), they will have to start buying from smaller companies like Lithium Americas. They are quite a safe investment, a stable company with decent profits and income, so its a good idea to buy for long term. Good Luck!
Look for push to retest highsLast time we saw this sort of price action, we pushed to the high 20's.
If it weren't for the madness that occurred yesterday this would be well on its way. So lets just say thanks for the dip buying opportunity and move on.
Entry: 20.80-21.50
SL: 20.25 (Lows of yesterday)
TP1: 24
TP2: 28
TP3 (breakout): 30
Not financial advice
LAC 08-02-2021 LongAsset and Time frame -LAC,1H,4H
Entry Price -20.80
Exit(Stop Loss) -19.58
Exit(Take Profit) -25.10, and another at 27.65
Technical Analysis -Price was completing an impulsive wave on the daily, and now finished making a small correction to resume the uptrend, price was moving sideways until it reached a bearish trend line, which the price broke with a decent amount of momentum on the hourly chart, the price has failed to reach oversold on the 1H chart, and on the 4H price has closed above the 100 MA.
I would like to hear your opinions and what can I do to improve, many thanks
LAC - reversal after decent pull backLac - lithium stock (EV strong demand)
Pulled back, tested the level,
Now ready to reverse
Lithium Americas Corp LAC LONGCar battery makers will see some serious action in the coming years. I am seeing a long here.
Analysis request: LAC bullish above 20.89LAC has broken the supply line coming off the highs of 28.72
We found support at 17.71 and again above 19.76
If we can break above 20.89, first target would be 24.76, and ultimately a retest of the resistance at 28.72
If we break support to the downside, there isnt much underneat us til we can to the bottom of the green range.
Bullish divergence on the RSI but id like to see it above 60, with volume picking up as well. as we approach 20.89
trendline support coming into play, long n strong! nice trendline and pivort support here, i got very small size size here on longterm calls, long 22, stop loss 20.5 and price target 26! this is pretty good risk reward here. goodluck! leave a like, comment, and follow :D
Large volume breakoutLarge volume confirmed breakout, quick test of break outline with consolidation before pushing further. PT 20+
$LAC - In top of a positive channel (on Break test)1st support below, 17.6
2nd Support 16.6
Just a viewpoint.
$LAC Lithium Americas Corp on Breakout Watchlist
LAC is on a hot streak, but that may have to pause
until the major trendline (red) is broken.
They $17.50 level is the levels to watch and
we have placed our alert above for a partial entry.
Like most trendline breaks a back-test is always a
bullish sign and a opportunity to add to position.
Tomorrow may bring that break and if so $19.94 - $20.00
is our first target.
LAC 30-12-2020 LongAsset and Time frame - LAC,1H
Entry Price -12.45
Exit(Stop Loss) -11.71
Exit(Take Profit) -15.91
Technical Analysis -First, waiting for the hourly candle to close above 12.35.
The stock has made a significant move from the bottom support line with a strong volume, price then retraced a bit to the 0.382 level making a confirmation C level, price breached on the 15 minutes level a 3 touch trend line
I would like to hear your opinions and what can I do to improve, many thanks
Bull flag Bounce off the major trend line back in the amending channel. Bull flag representing accumulation before major breakout. First pt shown with measured move.
LAC - looking strong, but need more confirmationWould go long after 12.5 without second thought. Last bar volume supports further uptrend.
buy @ 9.7ok, ill admit something here, I've bought a little early, desperate times, what can I say.. so the plan is to buy heavy @ 9.7 ish, then sell 12.23ish..
