NLC.V High Flag Volume Contraction into CatalystsNLC has been digesting its big move up over the past couple weeks. It is setting up beautifully in a flag with noted volume contracting and price tightening up. We are in what should be a busy month + for NLC with DFS due out within the next couple weeks + a US senior exchange uplisting. Keep an eye out for CATL, (I cant post a link in the text as im not on a pro sub) but they raised 9 billion through a share offering to finance a range of projects. One of which is likely Neo Lithiums 3Q project.
NLC leadership did a heck of a job raising capital last January over $3 CDN. They will likely be able to get another great deal in this price range as well. Likely something at the market funded by CATL + the uplisting + the brine mine starting up production near year end gives NLC some juice to move up over $5 CDN and more throughout the end of the year.
LAC.TO has been running lately, I find tracking a couple lithium miners helps give perspective to the market. NLC momentum built through august was pretty much handed off to LAC through sept. Of course the two aren't that connected but there are traders in every market, If lithium stocks hold and LAC hit selling pressure traders may come back to NLC and bid up the stock further on news.
Just some thoughts to consider, always do your own DD and follow your own trading rules. I own shares in NLC.V
Cheers,
Luke
Lithiumsector
$NMT- Strong volume, bottom fished this stock #LithiumNMT bought at 0.710, bottom fished this. So far maintaining the trend line upwards, hoping to see a break of ATH and continue uptrend
$LPD- Strong Upward Trend and MomentumThe trend is holding strong going upwards and momentum is building. Lithium demand is building especially as demand is outweighing demand in the near future
LAC 5 waves down bear scenarioThis is if we break down in this triangle, we will see a wave 5 down to $8.
LITHIUM ETF - 4 times Higher Already 🚀👷🔋LITHIUM is FLYING!
Check our idea/post from June 17th of last year as well as November 2020
It was obvious fundamentally that this was going to happen, for one too many reasons you can read about in those 2 previous posts.
If something has changed is only positive, with Lithium Americas, Albemarle, and JinkoSolar Stocks went off like rockets on Monday, responding to a Biden administration plan to quadruple the share of green energy in America's economy by 2030.
President Joe Biden calls for 80% green energy in the U.S. Renewable energy stocks react.
Long story short, the Biden administration's proposal for "greening" the U.S. economy could be great news for both solar stocks and lithium stocks -- if the revolution happens. On a more cautionary note, WSJ observes that while you shouldn't "bet against a committed U.S. federal government and a supportive populace," the plan "envisions triple-digit billions of dollars of tax credits for clean energy over the course of a decade. But aren't in the bipartisan infrastructure bill" currently working its way through Congress.
It's not yet certain that either Congress or voters will support spending "triple-digit billions" to subsidize green energy -- or pay the higher tax bills that those subsidies imply. In the meantime, S&P Global data shows that none of the three stocks named is currently generating positive free cash flow from their businesses. Unless subsidies are forthcoming, it remains to be seen if they can be profitable on their own.
One Love,
Let's go to 110 LIT ETF,
the FXPROFESSOR 🔋🔋🔋🔋🔋
METALS - GXYModel Forecast for Galaxy Resources Ltd:
- Model has produced Line of Least Resistance Elliot Wave for GXY.
- Cup and Handle breakout.
- Galaxy Resources is a leading producer and developer of lithium.
- We are bullish on commodities, especially metals.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
LAC - Lithium PlayYou throw enough $h!t at the wall - some of it will stick. If we hold 200MA - lights out, cosmos, Gagarin....Hello Laika
Biden and his "eco" friendly agenda will run this up to the moon. Check out Lithium Americas website. Not your ordinary 2 dudes in the basement operation that you typically like to buy. Mega potential.
LLKKFJumped 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 because I read this a few ways.
1. Lake is way oversold and the trend is ready to bounce.
2. They have some catalysts ahead this month I believe they will report the lithium mining extraction results soon (DYOR)
3. This level has been proved as strong support thus far.
4. If a breakdown happens and Lake starts to head below .21c I will exit because those lower EMAs will likely be tested in this scenario.
5. Low volume so we need buyers to move this stock so the news about their extraction will likely be the catalyst.
GL guys.
LLKKFLake 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
$LODE soars after taking stake in lithium-ion battery recyclerComstock Secures Majority Interest in Lithium-Ion Battery Recycling Company; Facility Plans 10,000 Tons Per Year of 99.9% Pure Lithium-ion Cathodes for Clean Energy Transition.
Comstock today announced transactions securing the rights to a majority equity stake in LINICO Corporation (“LiNiCo”), a lithium-ion battery (“LIB”) recycling company who recently acquired a state-of-the-art battery metal recycling facility from Aqua Metals, Inc. (“Aqua Metals”) located in the Tahoe Reno Industrial (“TRI”) Center in Storey County, Nevada.
The Company will pay $4,500,000 in cash and 3,000,000 shares of its restricted common stock, representing up to $10,750,000 in consideration for up to a 64% ownership stake in LiNiCo. Aqua Metals is investing $2,000,000 for a 10% stake in LiNiCo.
LiNiCo will use the proceeds to increase its direct strategic investment in Green Li-ion Pte, Ltd. (“Green Li-ion”), purchase Green Li-ion’s patented process equipment, with exclusive rights for the U.S. market, enabling the production of 99.9% pure lithium-ion cathodes.
Extraordinary Growth
Lithium-ion battery production capacity has increased tenfold in the past decade.
finance.yahoo.com
OROCOBRE LONG / SHORT TARGETSOrocobre is one of the few lithium producers that, as of now, has not hit its alltime-high again. The stock is currently testing an important resistance (resistance level 1). If the stock would clearly surpass this level, a bull-run may occour (according to currently positive EMA signals and RSI). The following analysis gives guidance on possible long and short targets in this regard, based on the respective resistances and support all the way upwards to a new all-time high.
Possible next LITHIUM PLAYThis reminds me of ABEPF before breakout; same pattern, same set up.
Bullish confirmations:
on daily candles I can spot a cup and handle and set of higher low candles!
Volume increasing = precedes price action.
Golden cross!
I WOULD START SCALING IN ON THIS STOCK TOMORROW! UPSIDE IS HUGE!
ARXRF – 0.10
MC – 11M (** HUGE UPSIDE ** Remember ABEPF? Same potential
OS - 126,882,035
Float - 87,610,320
Infinite Ore Corp. is a junior mining exploration company focused on seeking and acquiring world-class mineral projects globally. Our current focus is on properties with the potential for VMS mineralization in the Confederation Mineral Belt near Red Lake, Ontario, and the Jackpot Lithium property located near Nipigon, Ontario. Infinite Ore also continues to evaluate suitable prospects that fit the mandate of the company.
Latest news:
Infinite Ore Reports up to 1.60% Li2O From Shallow Surface Drilling at Jackpot Lithium Project
LIACF Long term hold - BullishEven though this one is an OTC stock, the potential is enormous. These guys mine Lithium, THE key component of current battery technology. They have the estimated largest find of Lithium in world at their site in NV. The only issue with that market is that China controls most of the LIthium processing, but expect that to change over the next few years. Notables like Elon Musk $TLSA has a good deal to gain from a local source. Wouldn't surprise me for him to start large scale Lithium processing since the demand is increasing the the existing capacity flows through China which is a bottleneck and extra cost.
With the weekly level closing over the previous high, this could start moving.
LAC - reversal after decent pull backLac - lithium stock (EV strong demand)
Pulled back, tested the level,
Now ready to reverse
Lithium ETF - Needs a small pause to recharge 🔋🔋🔋Lithium has been one of our most successful 'explosive' trades and it has proven as right.
Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since.
Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then.
At this stage we have reduced our positions dramatically as we expect a correction as shown on our chart.
ps. we do a LOT of research on Lithium and others. We highly recommend this YouTube channel📺 for Lithium research, news and interesting facts, as well as plenty of Tesla research and analysis.
(and also this Lithium from the legend, Kurt Cobain👼🎸)
Stifel analyst with a buy rating and $13.25 price targetThe miner of material for batteries received some positive analyst coverage Tuesday night, with a price target still above where shares closed today.
Yesterday, Stifel analyst Anoop Prihar initiated coverage of Lithium Americas with a buy rating and $13.25 price target. That represents another 7% potential on top of today's bounce.
The latest coverage comes as the Canadian miner continues to advance development of lithium projects in Argentina and in Nevada.
The Stifel analyst cites its growth in those projects as a move toward becoming one of the largest global lithium suppliers. Though Prihar says that the stock offers "attractive upside potential" from its growth strategy, investors should note that the Nevada project won't be operational until at least 2024.
But the Thacker Pass project in Nevada should reinforce the battery supply chain domestically . In October, President Trump signed an executive order declaring a national emergency in the mining industry , saying it was "particularly concerning" that the United States imports 80% of its rare-earth elements directly from China.
The order also stated that the "United States must broadly enhance its mining and processing capacity." Long-term investors are looking to companies like Lithium Americas to supply those needs.
www.fool.com
Lithium Americas earned $0.07 in the third quarter, compared to $0.06 in the year-ago quarter.
LIvent LTHM. Long Open 14.5 TP 18.5monthly
Uptrend
Weekly
Uptrend , i think due to major positive trend in EV ( Tesla)
Daily
Cup and handle
Open on pullback 14.88
SL 13.5
TP 18.25
RR 2.4
LIT ETF - we called it up, now let's catch it down!We very nicely called it up on our JUNE 18 idea now it is time to click on the SELL button.
ORE.ASX weakness may continue through $2.20Hello Fellow Trader!
ORE.ASX - Lithium producers have been some of Australia’s favourite stocks for several years supporting the worlds change turning to renewable energy in the battery space lead by Elon Musk and Tesla.
Last weeks Tesla Battery Day was hyped up to be an extremely positive presentation that would skyrocket lithium back into the Australian headlines. Sadly, Elon mentioned how Lithium is not scarce and they have also found ways to extract the commodity from the ground using salts in a more environmentally and efficient way than any other producer. This signaled panic and hinted a disconnect from the Australian lithium market which include ORE.
Overnight, Albemarle Corp and FMC Corp (two of the largest lithium producers on the New York Stock Exchange) fell between 2.5 and 2.8 percent.
Key Points:
- Price holding below the 200 EMA
- Price holding below the 50 EMA
- Consolidation below prior range low
- 50 EMA and 200 EMA may cross supporting further downside.
Key Levels:
Support – $2.20, $1.83
Resistance – $2.65, 200 EMA, 50 EMA
Entry Zone:
Optimal entry provides the greatest reward to risk ratio while supporting entry is a zone for reversal signals.
Optimal Entry – $2.54
Supporting Entry – $2.49
Candle Reversals for entry
- Bearish Shooting Star
- Bearish Engulfing
- Bearish Dark Cloud Cover
The Risk:
As traders, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios.
If you are not comfortable with defined exit levels, experiment with Moving Averages to help set solid exit rules to protect your capital.
IF: Price breaks above $2.69 level and violates 50 EMA – this would suggest the structure is not in our favour and would be wise to reduce exposure or close the trade until a solid signal gives us reasons to re-enter.
Reward / Reward Targets:
Optimal Entry $2.54 – Target 1 $2.20 = 3x Reward to Risk
Supporting Entry $2.49 – Target 1 $2.20 = 1.5x Reward to Risk
LLKKFlooks 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 down at some point but until then this stock continues to grind higher.
