LAC trade ideas
LAC Lithium needed for EVs in high demandSpeculation about a buyout of the mine or partnership deal to be announced on Tesla Battery day Sep 22
Could LAC go up on Battery Day Too?Right now, a stock that have interested me is $LAC. Currently, I was neutral on it, but am leaning towards a potential bullish sentiment. The support levels have been picked up to the point where it seems like high risk for a correlation. However, given battery day, I think that this still may have a higher support level for an even more incremental spike (Off of Tesla sentiment believe it or now). Once that spike happens, perhaps it would be time for a healthy pullback strategy + reentry on a swing. That being said, do your own due diligence and invest at your own risk. Please don't take what I say as actionable financial advice. Everything I say as always is on an opinion based basis, and taken "as is".
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 !
