Lithium Americas Corp $LAC Bullish breakoutLAC was in an Rising Wedge formation but broke out bullish and also broke a resistance level of $6.06. Also the RSI is in bullish territory and ADX points to a strong trend. Today we came down to backtest the breakout level. You could try to enter now but if you want to be more on the cautious side wait until the price rises back above the $6.60 level of the breakout candle. The close of today was $6.38 and the measured move of the breakout is $7.75. Good luck traders.Longby ElPsyKongroo3693
LAC - LONGStop =$4.84 HHs, HLs. Sideways or UP. Good R/R ratio = 2:1. Weak dollar also favors commodities.Longby KAS1093
$LAC stock to watch : break out done break out done, target 6 if break ... moon lol Longby sharktrade114
LAC Stochastic Oscillator left the oversold zone on June 18, 20 This is a signal that LAC's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. I identified 66 similar cases where LAC's stochastic oscillator exited the oversold zone, and 55 of them led to successful outcomes. Odds of Success: 83%.Longby tickeronAI4
$LAC Lithium America On verge of breaking 200ma resistance Lithium Americas Corp. is a resource company, which engages in lithium development projects. Its projects include: Thacker Pass and Caucharí-Olaroz. The company was founded by Raymond Edward Flood, Jr. on November 27, 2007 and is headquartered in Vancouver, Canada.Longby DEXWireNews13
LAC (Lithium is bullish) 130% targetThis may take some time (4-6 months or so) but Lithium is bullish everywhere, including uses by $TSLA, No stop loss here but if you prefer at the previous swing low 130% potential max gain Red lines are potential targets Good luckLongby roosgartUpdated 8
Lithium is the futur, like it or not !Oil is for cavemans, Lithium is what milleniums are looking forward to. Going to sign up on robin hood for some LAC'S when price goes into my buy zone. GOODLUCK cya in 2 years ! Longby nightXauNightUpdated 994
LITHIUM: potential long opportunityLithium Americas Corp. Technically, long opportunity with possible double bottom. Lithium price is very volatile, still no futures as of yet. LME still working it out www.lme.com Fundamentally there is talk of possible oversupply. This chart is for the Toronto Stock Exchange. Stock also available against USD on NYSE. /* Trade at your own risk please. */ Longby RealMcafeeUpdated 3310
Short term bullish Setup nicely to retrace and fly. Break through daily 200MA effortlessly, and shooting up high ever since. It is taking a short break to 5-5.3 and will race to 6-6.3 short term. Great turn around situation, and may be a long term play also.Longby davidhaiyangzouUpdated 3
Lithium Americas LongI find it interesting to invest in lithium or any company related to this mineral, battery base, electronic circuits, due to the incipient demand for electricity worldwide due to climate change.Longby diego.quevedosanchez4
Lithium at Two-Year Low Halts U.S. Bid to Lose ChinaLithium prices are at its lowest in over two years. It is hampering a handful of miners that want to challenge China’s dominance in the market. Leaving American automobile makers vulnerable to supply disruptions if trade tensions escalate, China rules most of the preparation that makes the mineral usable in rechargeable batteries. Automakers from Tesla Inc. to General Motors Co. aims to manufacture more electric cars at home. Besides, small companies are seeking to build the first U.S. lithium mines in decades. However, after a rush of Australian supply dragged down prices by a third from a record in mid-2018, financing mines proves to be a challenge. Firms also face stricter environmental rules and regulatory hurdles in the U.S. This currently accounts for just 1.2% of world lithium production. Piedmont Lithium Ltd.’s chief executive says it is a challenging environment. They go through the permitting process to build a lithium operation in North Carolina. Also, he added that those seeking to raise capital now might be able to do it, but the rules won’t be as good as they are at some point. Moreover, according to BMI estimates, lithium use will significantly jump by 2023, and the market could move into deficit around that year. All the stock from the globe’s major lithium miners’ companies that mine mainly in Australia, Chile, and China won’t be enough to meet demand. Also, Lithium mines take from three to five years to build. This means that investments need to flow into new projects within the next 12 to 18 months to fill the supply gap in the future. Furthermore, the U.S accounts for just 186,300 metric tons of global lithium reserves, compared with 42.6million tons in Chile and Australia’s 14.4million. Lithium Electric Demand Lithium resources in the U.S will add value to produce high-quality, battery-grade material to build a supply chain. Standard Lithium Ltd’s CEO says automakers are going all-in on electric. Also, Canada’s Standard Lithium is testing new technology to produce high-quality material. They are deciding to start commercial production by mid-2020. Western Australian-based Piedmont Lithium, Pert says it could begin producing chemicals in the U.S. in 2023. The company’s technology allows for a 90% lithium recovery rate, according to Mintak. The firm hasn’t been tested commercially before. Companies in South America crop the metal at the globe’s lowest cost. They pump saline mud from underneath Andean salt flats and letting it evaporate. Companies have much lower restoration rates and use as much water as a standard copper operation. Moreover, there’s going to be a judgment day on where the materials for renewable energy storage and electric vehicles are coming. In addition, they would not only need to produce high-purity material, but they also need to address environmental issues. On Tuesday, Standard firm’s shares in Canada were a bit changed, after falling 5.1% in the previous session. Piedmont firm’s stock surged 1.1%. Miners need to show they can supply a constant amount of high-quality products. If they do so, they are approved to sell lithium to battery-making companies.by Financebroker7
LAC Long - 4/2/2019Speculative trade on assumption momentum from earnings will continue to carry price to high $4.xx range. Tight TP and SL. Trade responsibly; TPs and SLsLongby TelchineCapital1
Lithium America : End of bubble wedge upside breakout soon?Lithium America : End of bubble wedge upside breakout soon? Bull cycle on SinewaveLongby YannickLegendre333