LNTH - Lithium Power Play
1) Solid fundamentals with accelerating earnings and exceptional relative strength compared to the overall market. Just the recipe for the next leader when the bull market comes.
2) Previous earnings have resulted in gap ups. Price has now consolidated higher without filling the gap and has recently tightened up since the 18th May 2022. Selling volume is rather muted accompanied by higher buying volume. Overall volume recently has dried up on the Daily.
3) Shakeouts prior to this tight action has probably shook out the weak holders, this chart is looking strong to me! Market is looking to bounce here so this should continue to allow for LNTH to go higher!
2) Previous earnings have resulted in gap ups. Price has now consolidated higher without filling the gap and has recently tightened up since the 18th May 2022. Selling volume is rather muted accompanied by higher buying volume. Overall volume recently has dried up on the Daily.
3) Shakeouts prior to this tight action has probably shook out the weak holders, this chart is looking strong to me! Market is looking to bounce here so this should continue to allow for LNTH to go higher!
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