Worth picking this stock because of its long-term potential as well as shorter-term price action. Fundamentals are strong - the stock is almost 3 times less future cashflow . I am reacting to oversold RSI , couple of pinbars on W chart and 200MA resistance on M. Also just now Ford and VW announced the alliance to build electric self-driven cars. This is huge....
Chilean Stocks. Pure Technical Projection. Correction phase. Seems there's an H&S pattern in process and near to complete. If it breaks to the downside, it will complete the last leg of a big Bat. The opportunity is to short and trade the reversal at the showed targets.
I think $SQM presents investors with massive reward to risk ratios here. Downside is minimal, whereas potential upside is huge. Prices can climb up to $281, in case of a quarterly uptrend, and eventually reach prices as high as $1841.65 over time, whilst paying a hefty dividend as well. Electric vehicles are a huge source of ever growing demand for lithium, and...
Cup & Handle possible formation and Inverse H&S.
PR Strong Buy $28 NR Junk $63.7
SQM short Down Trend crossover MACD Bearish Engulfing candlestick pattern weakly
SQM NYSE:SQM is a chilean Lithium mining stock for EV Batteries and takes advantage of US$ to Chilean value as well. EV Truck manuf. just starting and will require more and more lithium. Another big news story that hit the market in the second quarter was worries that Tesla might not be able to deliver its Model 3 on time due to a battery shortfall. This...
NYSE:SQM * Lithium play * USD/Bolivian currency.... * Mining play * Sequencing watch * Break out from downward wedge * Discount on Lithium levearaging USD
NYSE:SQM re-entering stopped out trade due - continuing negative divergence - bearish PA (pinbar)
SQM and FMC both breaking out on volume. Expect to see ASX lithium miners following suit.
NYSE:SQM WHY - price diverged with indicators - previously double top on W HOW - shorting stock WHEN - now
NYSE:SQM WHY - negative divergence on the chart - doubled topped previously HOW - shorting stock WHEN -immediately
SQM showing why they are the number one lithium stock compared to their peers. KDR has their JV at Mt Holland with them and if SQM does well share price wise so with KDR.
Possible end of correction Ending diagonal? 5th wave in progress 0.618 level for buying or buying stop on the wedge
$SQM Looking to be the first major to regain yearly highs from the oversupply scare and DOW selloff. SQM to report this week. Watch for comments on expansion plans