Bullish bias after pullback to 50% fiboPrice pull back to 50% fibo since hitting our first TP previously.
We are eying at $23 the next resistance level.
Continue to hold bullish
LAC trade ideas
A clear Wyckoff accumulation Previously I have covered the target price of LAC at $20. Congratulations whoever who made some money from it.
Now the price is testing the support and seems like it's bouncing off from the support.
Weekly MACD crossed
Bullish divergence of RSI
I have reason to believe it will go to $25 from here. But it has to break the $20 resistance first
$LAC - AND I’M OUT$LAC - AND I’M OUT
I closed this position early today… I’ve just been holding it too long and I’m seeing so many other opportunities so… if you’re holding GL this can definitely still hit target… but I’m out
If you took some of those lower entries I posted than you probably did better than I did here. 🤣
LAC 5 waves down bear scenarioThis is if we break down in this triangle, we will see a wave 5 down to $8.
Bias on Upside since supported at 38.2% twice.Supported by 38.2% Fibo
Break and closed above 50% will target at 61.8%
TP: $18
SL: $12
Symmetrical Triangle - Watching closelySymmetrical triangle forming & Bollinger bands squeezing- watching closely for a breakout. Just some support and resistance levels to watch along with some RSI based supply and demand zones
Time to accumulate more Lithium Americas?A long term holding that may merit further accumulation?
www.reuters.com
LAXC LongNeeds to break $16.00-16.50 area for targets between $20-28. Calls $15-20 over next three months.
Lac I posted about this last week. Got in on a quick breakout trade around 13.80 took profits up in the green box around 15$ we hit 15.11. In expecting a move down to around my original entry between 13.80-13.92. If we can hold previous consildation resiatnce as new support we should get a good rip back to the upside!
LACI’m thinking about grabbing a position in LaC pretty soon. Looking at the Williams alligator which shows momentum in a trend we can see it’s starting to roll up. In the past when we got a 4hr candle close above the first green line we got a pretty solid up trend. We have been bouncing below 13.90 mainly that is the biggest reistance. According to keltner channels we have finally gotten above those resiatnce channels which to me is a great sign. The weekly isn’t as pretty but these smaller 4hr and daily time frames slowly turning cpuld lead to a better loookinf weekly chart this will be on my radar tomrorow to see if we can get above this 4hr green line on the Williams or hold above 14$
LAC - long from a textbookI like what LAC is doing here
Sitting on 200 MA
Breaking out from bullish falling wedge
Consolidated after earnings
Held the level
MACD, RSI look healthy as well
CALLING BOTTOM - $LAC Target 23.32 for 25.24% $LAC Target 23.32 for 25.24%
Or next add level is at 13.08
LET'S GO...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
LAC - buy the dip?bullish falling wedge to the strong level - breakout
this is what the stok did before
let's see if it wiil do it againg
lithium is a strong sector
Buy $LAC - NRPicks 23 AbrLithium Americas Corp. operates as a resource company in the United States. The company explores lithium deposits. It has interests in the Cauchari-Olaroz Project located in the Argentine province of Jujuy and the Thacker Pass project located in northwestern Nevada.
$ LAC is a company that seeks to explore lithium deposits and that undoubtedly has a great future, because the importance of lithium is increasing, especially with projects in the United States, Canada and other countries in the world that seek to reduce the carbon emissions. On the other hand, carbonated lithium prices per ton are entering an upward trend, $ 13,583 / tz in China.
CAUCHARÍ-OLAROZ Project
- Life time 40 years
- Construction costs $ 565M
- Average EBITDA $ 308M
- Production start date 2022
