Price action has been respecting this trendline since May of 2021 and until recently broke through. If it cant get back above trend line, look for a possible retrace to the .48-.52 area.
Upward/ascending channels have a 68% of breaking downward.
Coupled with a possible double top
If it break downward watch to bounce of EMAs and even further at marked supports
(Dedicated to all the coked out casino executives)
Jumped back in lake after some good success with this 1 last month. I think we finally get the move back up to .45c then eventually .65c. The triangle I drew is subjective so can't be sure of the accuracy. Also the fact that after breaking from the triangle top Trend line lake just sells off back into the triangle. So be c careful here if you follow my idea...
Lake broke down, I sold at .33c entry was .22c so nice win & this trade strayed up through the entire stock market correction. This was my only profitable trade over the stock market correction I used the funds to. buy every dip down to 3780. I think Lake will come back from here and I would buy at these levels and look for .49c
looks strong holding the 236% fib looking to fill the gap to .09c . Maybe this has to do with battery day, cant be certain but this is the strongest move I've seen in this stock in months. Happy to be holding. RSI way overbought on all TF's except hourly. Makes me think LLKKF has room to run and is in a bull market cycle as of lately. Of course the RSI will crash...
just quickly wanted to get this out there, news came out a group call Break Through Energy consultants just bought billions worth of this Lithium mining company that operates out of Australia , Bill Gates bought 20 billion worth of public shares. I got in at .09c 5 min late pumps to .19c. I think it is going to fly guys
Lake Resources NL is a lithium exploration company, which is focused on exploring lithium basins and pegmatites in Argentina. Its projects include Olaroz and Cauchari, Paso, located in Jujuy; and Kachi, located in Catamarca provinces. The company was founded on July 24, 1997 and is headquartered in Sydney, Australia.
OTC
