PLL Pennant formingLithium supplier .. breakout or breakdown looks imminent.
60$ is my entry
54 stop loss
green lines are fib targets
Needs to break 60 and hold
PLL trade ideas
Wave Plot...Expecting a pull back next and from there it will be a great macro long I assume, I will update once I long providing this pulls back.
PLL Pullback SetupI grabbed this one early in the AM, but posting now to document. Was #1 on my watchlist coming into today. Sweet pullback to previous highs and held the 10-day. A really strong mover in the clean energy space. Now clean energy names are catching a bid and this one did not waste any time. I expect it to challenge previous highs soon.
PLL is ready to retest the previous highs NASDAQ:PLL broke out of the ascending triangle backed up by NASDAQ:TSLA contract. It is now targeting 44.3$, stop level 22$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
PLL long ideaWith lithium stocks rising, PLL looks to be following suit. Moving averages supporting price as it moves higher.
PLL pop pop popcorn today!PLL pop pop popcorn today! A big part of the electric car story is lithium. The element is a key material used in the manufacture of lithium-ion batteries. Do your own due diligence, your risk is 100% your responsibility. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
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Newsworthy current events
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PLL:NASDAQ - PIEDMONT LITHIUM - Deal with Tesla announced.PLL announced a deal with Tesla after going into a trading halt back on the 17th of September. The Australian holding is up 80% today. Will be interesting to see what this US version does tonight or when it re-opens. Article on Yahoo News, Reuters etc. Worth a watch.
$PLL.ASX - PIEDMONT LITHIUM - Just announced deal with TeslaAustralia's Piedmont signs lithium ore supply deal with Tesla, shares surge. Worth a watch :)
Source: finance.yahoo.com
PLL at area of low riskPLL Lithium:
A key component of EVs, which are coming en masse, is Lithium. Possibly finding support and a higher low.
