When it comes to batteries, automobiles have stolen the lion’s share of our attention. From there, people may naturally think about our smaller devices that also use batteries. The idea of large ships or planes being powered by batteries—many of us would have a natural intuition that there could be obstacles to widescale usage.
Maritime shipping: lots of...
Large runup in this large ETF?
FED still tightening,
narrative of an ESG been priced in? Hard to see further upside.
Possible H&S pattern, a fair way from average 200WMA, and looking bearish on the daily.
Taking profits on Lithium plays. Leaving initial stake.
Basing for 5 months. Confirmed breakout, pullback and reversing back up.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
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opportunities based solely on the development of
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Hello Traders ✌
As we can see on the weekly chart, we are at the top
of a strong uptrend. The...
LITHIUM is FLYING!
Check our idea/post from June 17th of last year as well as November 2020
It was obvious fundamentally that this was going to happen, for one too many reasons you can read about in those 2 previous posts.
If something has changed is only positive, with Lithium Americas, Albemarle, and JinkoSolar Stocks went off like rockets on Monday,...
Been bouncing off uptrend on the weekly, and last 3 weeks have been strong for LIT. Will need a month at these levels to tighten up before breaking to new highs. Lithium stocks have been moving well, VUL, PLS to name a couple. I would look to start adding to a medium term position in one of these 2 companies based off lithium movement.
Upward going trend channel for Lithium ETF.
As the reopenings worldwide are due to happen, electric cars are getting more popular and every world leader wanna "save" the palnet from climate changes, this one is rightful for a upward trend.
Possible resisstance levels to test.
Price action is looking semi decent. Id prefer some tight green days next week to signal sellers dying off, but also a push above 65 and pull back to 63.50 will work just aswell.
After a rounding candle like move over the last 6 days with a green candle yesterday, i feel a close above the $61 mark may be on the table today or tomorrow. Lithium stocks are starting to move, alongside tesla again (i feel like they are correlated in current market 😅). So a good move by the lithium ETF will signify a change in price action and it can start...
... for a 1.16/contract credit.
Notes: 30-day at 58.6% and expiry-specific at 57.2%. Unfortunately, not the most liquid thing in the world, so expect to do some price discovery or be patient for a fill.
