QYM trade ideas
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.
Comeback?SQM is claimed to be the efficient chemical mining leader in its group. Lithium demand and prices, as well as output along with the stock is expected to increase. SQM financial is weak relative to prior performance, but current levels are holding up and is expected to improve. Lithium competition: ALB, FMC, ASH, POL, TLH, LIT, GXY, LAC, ORE, CLQ, and WLC