Lithium
Pure Energy Minerals LongsEnd of buy zone.
long position at 0,25 currently in loss. long term looking for 0,80 as a first soft target
BGS Triple Top ExhaustionBGS has gone on a big rise lately since its board of directors change. This triple top looks like it will be a return to the mean until we get some more concrete news. This could be a good opportunity to sell... or perhaps top up ;)
SQM: Looking great hereI'm holding longs and looking to add tomorrow at the open. There's a chance for a new weekly rally that would take us to considerable heights. The EV growth is a great driver for this stock.
As long as we don't see any new tech like solid state batteries take over, this should be a long lasting uptrend. The Key Hidden Levels indicators show very constructive signals here, giving me more arguments to pile on longs.
Best of luck,
Ivan Labrie.
MGXMF MXG Minerals Trade AnalysisA current trade of mine that I'm publishing to see how it plays out. Very bullish stock at the moment in what looks to be in wave 3 of a grand cycle with this being wave 1 completing of this first impulse. I'm watching price very closely at this moment to see if a correction will play out in my favour. It has also formed a cup and handle on the weekly where it is ready to break trough the cup and form the handle, another bullish sign in my view.
Disclosure - I'm totally a novice trader learning Elliot wave theory and technical analysis. These are just my ideas/current trades, this is in no way shape or form financial advice. Thanks for viewing.
OROCFOrocobre has been going great since entry @2,50. Rebuy levels havent been reached yet and thus i will just let in run on. looking to add on @3,21 and 3.
AQMS- 1 of my 2018 Swing Trade Candidates for 500%+ Potential$AQMS - has been beaten down from roughly the 22.50 high its at 2.08 currently. I feel it can have the same potential as last years swing candidates $IPI which was in the low 1s and $Galt at the .89 cent level. So i have added it to my 2018 swings with 500% potential list.
The share structure is roughly a 28 mil OS with around 24 mil float with such a small structure and between 12-15% short interest could see a swing back up to over 10++ in 2018.
The company is well funded and holds patent to "AquaRefining, which recycles lead batteries without producing additional waste that ends up in landfills. Recycled batteries are broken apart by machines that separate the plastic from the lead. The plastic is recycled, while an electrochemical process rids the lead of impurities."
It has a deal with Johnson Controls $JCI that i think can really start to take hold in 2018 in terms of revenue growth...
Took my first feeler today
Lepedico Bullish Continuation LPD chart has recently broken a solid consolidation pattern, surging 20% above the 6.3 support level to test remaining resistance at the 7.5c mark. After trading up to 7.9c the move has encountered resistance and fallen back to 7.0c on relatively low volume which has continued to drop into the retrace until flattening out at around the 50% retrace level. This has formed a minor flag with a target at 8.4c. This is a typical breakout consolidation, sellers appear to be dropping off signalling that the stock is ready to move north again.
Should this continuation play out then the next anticipated resistance will be encountered at 8.4c or up 19% with the larger Flag break target giving a 11.9c target representing an 89% move from the breakout point at 6.3c
All in all the bullish trend remains in control
Global Lithium Hi guys. In my humble opinion LIT has a good chance of bouncing off the support and continuing the slow but steady uptrend along with many other commodities. Thank you for taking a look.
Tesla's Mining CompanyGoing to analyze this chart to get a good idea of where its going and when it will move in value, but this one's a goodie!
Happy Trading!
Alexander DeGroat
Lithium Long Term ExpectationsRight now investing in Lithium for short is high risk. If you were to invest in it, it would be better for a long term holding that is at least a year. That way it will still be risky, but you are to expect some minimal returns. Late 2018 to mid 2019 will expect a potential rise in the price of Lithium because of EV startups. Since many companies are going to be using Lithium ION as a source of power it will transition to a higher demand but less available supply for purchasing meaning some small upward trends.
LK9 short term short looking for new long entriesCurrently waiting for confirmation for wave 4 and will take small short position aiming for current reentry levels on the long side @2,26 @2 @1,64.
medium to long term targets for the long positions start @3,54 and @5 respectively.
Lithium Power Flag Breakout $LPILPI has consolidated the last move from 30c to 45c and now clearly broken the down trend on significant volume.
The company will be strongly motivated to get the LPIO options "in the money" to take advantage of the $20.6m capital available if converted therefore strong new flow is expected.
Flag break gives a target of 53c, options require 55c before being of value
LIT: Long term Long, looking to add onAnother favorite which i almost forgot i had. Entered a while back at 24$. working out just perfect so far and actually growing at a faster pace than i had anticipated. Going to add on to my position here substantually. as always a 3rd position @ 34$, a half position @ 33$, and a full position @ 31$
Pinbara PLS.ASX - lithium minerSo far we could see modest pullback with decreasing volume. There are clear supports level incl. gap, Lets try to scale in with long term core position targeting .85 (and above) & short term position targeting .60.
NMT - lithium miner preparing for new uptrend?Good volume last week. Looking to go long with weekly close above 0,32, ideally with volume.
Second choice is at the base of triangle.
Sorry, the chart is too enlarged, I can´t edit it,
AVZ - new lithium miner developing? Strong momentum from last week seems to be lost. Looking for consolidation & breakout from new base.
Possible change of LT trend in GXY - lithium minerSo far holding nicely. Looking to go long during pullback. Because of heavy shorts position, shorts squeeze coming?
Strong momentum - lithium miner PLSLooking to add to position during possible pullback or after breakout of 0,60 resistance. Scaling in/out during trend with partial positions.
200-day Mansfield relative strength index for stage analysisAs 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) - simple moving average of x over the period of p
MRSI200 = (( a.Close / b.Close ) / SMA (a.Close / b.Close, 200) - 1 ) * 10
Strong bullish sign on LAC. Consider entering on its pull back in the range of 1.3 - 1.5.
$LIX bullishTrend contunination triangle.
Huge market for lithium, with the up pace of electric cars being the driver.
