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Analysis request: LAC bullish above 20.89
Lithium Americas Corp.
Long
Analysis request: LAC bullish above 20.89
By TradingNomadic
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Feb 4, 2021
1
Feb 4, 2021
LAC has broken the supply line coming off the highs of 28.72
We found support at 17.71 and again above 19.76
If we can break above 20.89, first target would be 24.76, and ultimately a retest of the resistance at 28.72
If we break support to the downside, there isnt much underneat us til we can to the bottom of the green range.
Bullish divergence on the RSI but id like to see it above 60, with volume picking up as well. as we approach 20.89
Bullish Patterns
Bullish Flag
Harmonic Patterns
LAC
Shark
Trend Analysis
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