Foren & Soziale Netzwerke zur LITHIUM AMERICAS Aktie

 

I've been watching NYSE:LAC for a LONG time. I've traded this one in the past. We fell all the way back to a major support zone from all time highs, and we also landed right on the long 13 year trend line for a 5th test. Now, I typically dont take trades off trends that have been tested 4 times or more. But, in this case, our monthly trix is green, after hitting that trend and major support, and we also have volume capitulation showing up on the monthly chart, as well as the quarterly. (Not shown.) As far as pattern, our initial break out move was a nice engulfing candle, and we did in face break the upper monthly band, the white moving averages that follow the tops and bottoms of the candles. What you look for from here is a pull back to the opposite side of the bands, aka, the lower monthly band for a "first touch," this is where you enter, and is where I bought at $2.79. First target is the upper quarterly band at $4.25. From there, you have the 1.27 Fib at $6.75, and the 1.61 at $9.25 I will likel

yieahhhh looking nice risk reward here. A lot of confluences on the high volume area around $10. Going to stop buying starbucks outside to move it instead to this bad boy. Yieaahhh

Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid- to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market. Lithium has experienced a prolonged downphase, but a potential reversal is anticipated soon. This stock is viewed as a mid- to long-term hold. Key Technical Levels: Breakout Zone: $2.9 - 3.0 Action: If the stock breaks above this range with strong volume, it might signal a continuation of the upward trend. Resistance Points: $3.80 $4.50 $5.70 $6.50 $7.60 Surpassing these levels could si