I 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.
Lithium 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...
Speculative trade on assumption momentum from earnings will continue to carry price to high $4.xx range. Tight TP and SL. Trade responsibly; TPs and SLs
Lithium America : End of bubble wedge upside breakout soon? Bull cycle on Sinewave
for reference. looking at second bear target. looking to take profits on this asap from first target
just watching a few things while alts and btc fairly boring.
it crosses 7.30-7.50 range. Trend lines plus penant. But I am a rook. Seems unlikely short term with lack of PR till June likely and downtrend in battery minerals in wake of SQM-Corfo and MS report.
In a long-term uptrend. Showing some consolidation around $11.50. Historically has tended to break-out after consolidation. Would set a stop around $11.
As per Stan-Weinstein's book The Secretes for Profiting in Bull and Bear Markets, 200-day Mansfield relative strength index is an important indicator to determine the stage of a stock. The basic calculation is using the close price of the subject stock and close of a benchmark index using the following formulae: a - subject stock b - benchmark index SMA (x, p)...
enter only on short term price action-narrow bands-have done well with our miners -diversify-stop loss trailing 20 ema watch lit- very strong weekly - lithium boom for future-new gasoline-next 10 years we need to triple production-electric cars smartphones laptops