LACD trade ideas
LAC potential breakout This is a strong sector for the future, the technical set up is nice and ready to move out of the resistance area. The volume and MACD show buy, weekly looks good. Do your research. The risk if followed is around $3 per share
$LAC Lithium Americas Corp Failed Breakout Despite a very promising pop at the open the open LAC failed to sustain its gains,
having hit weekly horizontal resistance.
Above that level is now a potential entry point with resistance as per chart.
Nice confluence of Fibonacci and previous horizontal resistance at $10.95
Lithium Americas Corp $LAC Bullish breakoutLAC was in an Rising Wedge formation but broke out bullish and also broke a resistance level of $6.06. Also the RSI is in bullish territory and ADX points to a strong trend. Today we came down to backtest the breakout level. You could try to enter now but if you want to be more on the cautious side wait until the price rises back above the $6.60 level of the breakout candle. The close of today was $6.38 and the measured move of the breakout is $7.75.
Good luck traders.
LAC - LONGStop =$4.84 HHs, HLs. Sideways or UP. Good R/R ratio = 2:1. Weak dollar also favors commodities.
LAC Stochastic Oscillator left the oversold zone on June 18, 20 This is a signal that LAC's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. I identified 66 similar cases where LAC's stochastic oscillator exited the oversold zone, and 55 of them led to successful outcomes. Odds of Success: 83%.
$LAC Lithium America On verge of breaking 200ma resistance Lithium Americas Corp. is a resource company, which engages in lithium development projects. Its projects include: Thacker Pass and Caucharí-Olaroz. The company was founded by Raymond Edward Flood, Jr. on November 27, 2007 and is headquartered in Vancouver, Canada.
LAC (Lithium is bullish) 130% targetThis may take some time (4-6 months or so) but Lithium is bullish everywhere, including uses by $TSLA,
No stop loss here but if you prefer at the previous swing low
130% potential max gain
Red lines are potential targets
Good luck
Lithium is the futur, like it or not !Oil is for cavemans, Lithium is what milleniums are looking forward to.
Going to sign up on robin hood for some LAC'S when price goes into my buy zone. GOODLUCK cya in 2 years !
LITHIUM: potential long opportunityLithium Americas Corp.
Technically, long opportunity with possible double bottom. Lithium price is very volatile, still no futures as of yet. LME still working it out www.lme.com
Fundamentally there is talk of possible oversupply.
This chart is for the Toronto Stock Exchange. Stock also available against USD on NYSE.
/* Trade at your own risk please. */
Short term bullish Setup nicely to retrace and fly.
Break through daily 200MA effortlessly, and shooting up high ever since.
It is taking a short break to 5-5.3 and will race to 6-6.3 short term.
Great turn around situation, and may be a long term play also.
Lithium Americas LongI find it interesting to invest in lithium or any company related to this mineral, battery base, electronic circuits, due to the incipient demand for electricity worldwide due to climate change.
