LAXC LongNeeds to break $16.00-16.50 area for targets between $20-28. Calls $15-20 over next three months.Longby BrokeCollegeStudent224
Lac I posted about this last week. Got in on a quick breakout trade around 13.80 took profits up in the green box around 15$ we hit 15.11. In expecting a move down to around my original entry between 13.80-13.92. If we can hold previous consildation resiatnce as new support we should get a good rip back to the upside! by Erictaylor2
LACI’m thinking about grabbing a position in LaC pretty soon. Looking at the Williams alligator which shows momentum in a trend we can see it’s starting to roll up. In the past when we got a 4hr candle close above the first green line we got a pretty solid up trend. We have been bouncing below 13.90 mainly that is the biggest reistance. According to keltner channels we have finally gotten above those resiatnce channels which to me is a great sign. The weekly isn’t as pretty but these smaller 4hr and daily time frames slowly turning cpuld lead to a better loookinf weekly chart this will be on my radar tomrorow to see if we can get above this 4hr green line on the Williams or hold above 14$ by Erictaylor1
LAC - long from a textbookI like what LAC is doing here Sitting on 200 MA Breaking out from bullish falling wedge Consolidated after earnings Held the level MACD, RSI look healthy as wellLongby AnaBloemkool114
CALLING BOTTOM - $LAC Target 23.32 for 25.24% $LAC Target 23.32 for 25.24% Or next add level is at 13.08 LET'S GO... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading117
LAC - buy the dip?bullish falling wedge to the strong level - breakout this is what the stok did before let's see if it wiil do it againg lithium is a strong sectorLongby AnaBloemkool3
Buy $LAC - NRPicks 23 AbrLithium Americas Corp. operates as a resource company in the United States. The company explores lithium deposits. It has interests in the Cauchari-Olaroz Project located in the Argentine province of Jujuy and the Thacker Pass project located in northwestern Nevada. $ LAC is a company that seeks to explore lithium deposits and that undoubtedly has a great future, because the importance of lithium is increasing, especially with projects in the United States, Canada and other countries in the world that seek to reduce the carbon emissions. On the other hand, carbonated lithium prices per ton are entering an upward trend, $ 13,583 / tz in China. CAUCHARÍ-OLAROZ Project - Life time 40 years - Construction costs $ 565M - Average EBITDA $ 308M - Production start date 2022Longby NewroadTraderUpdated 2
LAC Long Term PlayOverview: LAC has two large lithium projects one in North America and the other in South America North America project is 100% owned by LAC and has passed final environmental impact study and expects to get major permits in Q4 (company website) Trying to pick bottom of LAC retrace off Jan rally Long term trade (time horizon over 12mths) Current Trend: Has been bearish since mid-January 200ema is closing in on support found around $13.40 Trade Plan: Slowly scale into position around when price dips below $13.40 support Target Profit: $24.00 Stop Loss: $12.15, Use resistance pre January rally as stop loss Disclaimer Not investment advice. Thinking out loud in a crowded room. Longby Ronald_RyningerUpdated 4
LAC - bull flagGood setup for some calls. I'll cut if it breaks and holds below the 50% fib. 18 target.Longby JerseyStigUpdated 2
ADDED to $LAC New Target 24.13 for 28.49% $LAC Target 24.13 for 28.49% Or next add level is at 13.43 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading225
Lithium Americas CorpDetails in photo! What do you think? Like, Follow, Agree, Disagree! Support a broke investor with a follow! I'm tryna make it off this market!Longby Redimere_91444
LITHIUM AMERICAS CORP - BULLISH TRENDLithium Americas Corporation (NYSE:LAC) No of HFs: 12 Total Value of HF Holdings: $33 Million One of the largest producers of lithium, Lithium Americas Corporation is ranked tenth in our list of 11 best lithium stocks to buy now. The company owns large-scale assets located in Argentina and Nevada. LAC focuses on the development of the Thacker Pass project. LAC was acquired by FMC Corporation in September 1985. During the third quarter of 2020, the company reported a loss of $6.5 million or 7 cents per share. There were 12 hedge funds that held positions in LAC by the end of December, compared to 3 funds in the third quarter. The biggest stakeholder of the company is Axel Capital Management, with 780 thousand shares, worth $9.7 million. Massif Capital mentioned LAC in its Q4 2020 investor letter: “Selling covered calls on Lithium America (LAC) contributed roughly 0.75% to the portfolio’s quarterly return. The covered calls we sold were laddered and had increasing strike prices at points at which we would have trimmed the position for portfolio management purposes. The volatility of Lithium America’s equity made the calls a remunerative opportunity. We believe LAC may have a long way to go before it is appropriately valued, but we will continue to use covered calls to trim the position size should the opportunity present itself. We first evaluated LAC in April of 2019 and invested in February 2020. At the time of our investment, a discounted cash flow analysis of the firm’s projects produced a $6.5 valuation versus the share price of roughly $2.8. Today, a year later, we think LAC is worth $18 per share. What changed over the last 12 months such that we revised our estimate up by 170+%? 1. The risk associated with project development, and 2. Time to production LAC’s South American brine operation secured sufficient funding to bring the project to commercial production (financial de-risking). Their North American clay project received critical environmental permits and made substantial progress on the firm’s processing technology to turn lithium-sulfur into lithium salts (operational de-risking). These developments allowed us to lower the discount rate used on future cash flows to reflect where LAC sits in their development cycle. LAC is also one year closer to production, which means cash flows are accretive to the firm sooner. In either scenario, a shared thread among most growing businesses is elevated volatility. Perhaps obvious, but again, consider the valuation ramifications. Discounted cash flow analysis treats volatility as risk, and value is subtracted from the business. Option analysis treats volatility as an opportunity and rewards the potential asymmetry. Growth investors frequently think in terms of options, traditional value more in terms of cashflows. Tangible asset businesses, which are historically the value investor’s domain, now need to be evaluated with greater attention being paid to both aspects of the companies future, with investors’ judgment determining where the majority of the weight lies in the final intrinsic value calculation. We want to poise an open question: how comfortable are you valuing a capital-intensive, pre-revenue R&D operation, selling a compelling product into a market that does not yet exist (hydrogen producer, electric vehicle charging company) or an incumbent that fundamentally changed their business model without changing their product (green aluminum, or steel, a coal-burning utility that is now a fast-growing renewable utility)?”Longby globalsymmetrygroup2
Sideways to slight downtrend Double bottom as indicated. Price action seems to be going to retest key s/r with declining bearish volume. Watching if price can hold above it for a retest of the 4H resistance neckline, and rising MACD.by TheChartHub1
$LAC Swing Idea- Target $18Target $18, stop loss $13. See chart for details. Good Luck!Longby Investor4321114
$LAC Bounce levels w Harmonic potential (BAt)For @zumaTech, Hope this helps, It nneeds to regain 618% or it could fall further Longby HiddenharmonicstradingUpdated 114
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. Longby bossmodetrader2