EV cars and chargers have rocketed. Is it time for EV battery suppliers to move? LAC looks good technically. It may have finished Wave 2 and getting ready to start Wave 3, RSI is rising, and broke out of a falling wedge.
This is an EdTech spec play. Schools are locking down again across the country and the vaccine isn't going to be ready anytime soon. We could see a quick spike up soon. Technicals are looking good. Built support at the 200 MA, rising RSI and seems to be ready curl back up.
Held support which coincided with the 50 SMA. Biden looks to be the favorite to win the election which is a huge plus for solar stocks. Clear stop-loss below 5.50. This stock can move as past chart history shows.
Short interest on this stock is crazy. I expect people to start taking profits since its reached the 200 SMA and RSI is reaching oversold territories. Once people starting covering their shorts, expect this stock to shoot up quickly.