SLI - Standard LithiumEntered trade as SLI came through the previous week's high after a two month pullback to the 100-day line and experiencing volatility contraction over the last couple of weeks of trading. My stop loss is under Thursday's low.
If the Electric Vehicle trade stays hot, the lithium stocks, such as SLI, should continue to rise with the E.V. stocks.
Lithium
$RMO we hit and quit for a 18% gain*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: On November 2, 2021 my team entered lithium-ion battery company Romeo Power $RMO at $4.45 per share. Our first take profit was set at $5.25.
$RMO released their 3rd quarter earnings report today after market close. In this report they reported a loss of $0.20 per share on revenue of $5.8 million. After this announcement $RMO experienced a very brief price jump to $5.70, but since then it has trickled back down to $4.78 per share.
My teams first take profit was hit post-market at $5.25 per share today. We sold all of our shares at $5.25 as we anticipate $RMO to stay within the $4-$6 range until they get around to announcing their 4th quarter earnings. We believe that this price range is a fair estimate, however this could change on the drop of really good or bad news.
We still believe in $RMO long-term, however we did not have enough sentiment to continue holding once our first take profit was hit today.
My team has made a gain of 18% from this trade.
Congrats to those of you who took this trade with us.
ENTRY: $4.45
TAKE PROFIT 1 (HIT): $5.25
TAKE PROFIT 2: $7.00
If you want to see more, please like and follow us @SimplyShowMeTheMoney
ICM - Iconic Minerals Ltd - D1 - 14NovICM - Iconic Minerals Ltd - D1 - 14Nov
Last news :
The economic model used in the PEA only covers the first 40 years of production. GRE has the following conclusions from the modelling.
Average annual production of 32.3 million kg (32,300 tonnes) of LCE
Cash operating cost of $5,974/tonne LCE
All-in sustaining cost of $6,057/tonne LCE
A $1.5 billion after-tax Net Present Value (NPV) at an 8% discount rate
A 23.8% after-tax Internal Rate of Return (IRR)
Payback period of 6.7 years
Break-even price (0% IRR) of $6,545/tonne LCE
🦉Our Strategy is Changing (Crypto vs FX vs Small Caps)Changing Market conditions:
'There is no such thing as the goose that lays the golden eggs forever'...
market conditions do change but the beauty of it is that we have access to many markets. At the end of the day is a matter of choosing what to invest and trade in.
This Last year was mostly crypto. Yes we did cover some energy commodities (oil to 100) , food (we even covered Corn when it was hot).
Yes we did cover Nasdaq to 16300 , our Lithium ETF choice was a GREAT SUCCESS for us
Again, it was mostly crypto and it will remain partially crypto but ADA is not 20 cents anymore , Enjin is not 30cents , Avalanche is not 20$, Coti is no longer unknown..
You got the point: Top 100 crypto is already 'expensive'. So we start doing this from now:
- increasing focus on FX
- awaiting opportunities to go short on indices (it''s coming)
- increase our Bitcoin spot on every dip
- SOURCE FOR SMALLER CAP TOKENS!!! Get them early
Hope you agree..that's just us.
ps. this is the GOLD MEGA CHART. It shows resistance ahead and after that is time to increase our stakes again. and yes, Gold is second to Bitcoin in our opinion.
One Love,
the FXPROFESSOR
$IGEX Massive DD Huge Potential for a Major Run Personal PT $1+Caren Currier in the wheel house driving this merger
www.otcmarkets.com
Pink Current = unaffected by new SEC/Broker rules everyone is freaking out about. Current before OTCMarkets suggested June30th deadline to ensure survival. This may sound trivial, but it huge!
www.otcmarkets.com
ZERO Liabilities/Debt = see current filings
www.otcmarkets.com
No Dilution for over a year = OTC regularly updated, TA not gagged
www.otcmarkets.com
Small float recently updated on OTCMarkets
Most outstanding shares held by insiders in the company.
Float fairly locked and moves on small volume.
Change of control:
backend.otcmarkets.com
Pending merger and acquisitions acknowledged by company directly in their OTCMarkets profile
"Focus on a merger and some acquisitions" quite possibly lithium related.
Previous to that company hinted:
"Focus on the acquisition and exploration of mineral properties in Nevada"
www.otcmarkets.com
NIKLF Rounding BottomInteresting mining stock.
How long will the commodity boom last?
Technically speaking, this is a textbook example of a rounding bottom.
The primary issue I have with this idea is the relatively short amount of time that the pattern has taken to carry out, although this may just be a product of a late-stage bull market and massive liquidity injection.
$RMO grab it before its hot*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been analyzing lithium-ion battery company $RMO for the past couple of months waiting for the right opportunity enter this battered down gem. Today was that day. My team anticipates players who are interested in $RMO to begin adding while shares are still cheap for a nice run-up into earnings.
We entered $RMO today at $4.45 per share and have set our first take profit at $5.25. This would be a percentage change of %18.
Earnings are expected to be released on 11/14/21. This date is subject to change.
ENTRY: $4.45
TAKE PROFIT 1: $5.25
TAKE PROFIT 2: $7.00
If you want to see more, please like and follow us @SimplyShowMeTheMoney
SLI - Standard LithiumOpened half-sized position on strong move over two important pivots. No earnings as of yet which would normally be a red flag, but strong volume patterns all over this lithium company's stock make it difficult to ignore. Other lithium stocks ($ALB $LAC) showing strength & look like they're ready to break out of bases. $SLI displaying relative strength within its group by breaking out ahead of these other lithium stocks.
Stop loss below Monday's low.
$AVZ- Very close to Breakout. Possibly this coming week Lithium stocks are making a rebound after the cooldown
$LAC Textbook Cup & HandleI'm long here. Breakout retest with nice bullish confirm so far...
Given $24.5 holds, calculated move to upside $30 PT . Earnings upcoming could send it. Let's see how price action looks next week. Lithium, EV, Uranium, precious metals all in for a Q4 run it looks like.
Regardless, from a technical perspective this is text book Cup and Handle and I'm excited to see if chart plays out :)
OWRDF Lithium Energy BULLISH!keeping it simple,
retraced perfectly to the 618,
squeeze indicator pushing positive
oversold RSI, continuing to rise
broke out of wedge into new resistance.
recent news about new diamond drilling started last week announced.
this is a new emerging company, huge potential gains, VERY SMALL MARKETCAP
energy sector is huge right now and will continue.