Lithium
The Next LITHIUM PLAYThe Next LITHIUM PLAY
I have been observing this ticker the past 3 trading days, and the $ volume dramatically increased from $20K to $100k.
The daily candles forming huge CUP AND HANDLE. this reminds me of last week's runner with same pattern and same lithium play --> ABEPF. This runs up to 0.60s, I can see the same as there is no huge resistance after 0.11.
I would start scaling in tomorrow morning, and see where this swing will end up.
might be a good investment for the future but we'll see how the price action goes.
$LODE soars after taking stake in lithium-ion battery recyclerComstock Secures Majority Interest in Lithium-Ion Battery Recycling Company; Facility Plans 10,000 Tons Per Year of 99.9% Pure Lithium-ion Cathodes for Clean Energy Transition.
Comstock today announced transactions securing the rights to a majority equity stake in LINICO Corporation (“LiNiCo”), a lithium-ion battery (“LIB”) recycling company who recently acquired a state-of-the-art battery metal recycling facility from Aqua Metals, Inc. (“Aqua Metals”) located in the Tahoe Reno Industrial (“TRI”) Center in Storey County, Nevada.
The Company will pay $4,500,000 in cash and 3,000,000 shares of its restricted common stock, representing up to $10,750,000 in consideration for up to a 64% ownership stake in LiNiCo. Aqua Metals is investing $2,000,000 for a 10% stake in LiNiCo.
LiNiCo will use the proceeds to increase its direct strategic investment in Green Li-ion Pte, Ltd. (“Green Li-ion”), purchase Green Li-ion’s patented process equipment, with exclusive rights for the U.S. market, enabling the production of 99.9% pure lithium-ion cathodes.
Extraordinary Growth
Lithium-ion battery production capacity has increased tenfold in the past decade.
finance.yahoo.com
Possible next LITHIUM PLAYThis reminds me of ABEPF before breakout; same pattern, same set up.
Bullish confirmations:
on daily candles I can spot a cup and handle and set of higher low candles!
Volume increasing = precedes price action.
Golden cross!
I WOULD START SCALING IN ON THIS STOCK TOMORROW! UPSIDE IS HUGE!
ARXRF – 0.10
MC – 11M (** HUGE UPSIDE ** Remember ABEPF? Same potential
OS - 126,882,035
Float - 87,610,320
Infinite Ore Corp. is a junior mining exploration company focused on seeking and acquiring world-class mineral projects globally. Our current focus is on properties with the potential for VMS mineralization in the Confederation Mineral Belt near Red Lake, Ontario, and the Jackpot Lithium property located near Nipigon, Ontario. Infinite Ore also continues to evaluate suitable prospects that fit the mandate of the company.
Latest news:
Infinite Ore Reports up to 1.60% Li2O From Shallow Surface Drilling at Jackpot Lithium Project
The Ski Mask is on......AlbamarleI see a quick drop in price before the continuation of a tested resistance. I really like this company as they are the largest company within the lithium industry which will be in high demand for the auto industry. Going through a covid phase. They should be ok as the financials are still in ok enough shape to me for growth and long term value. I think price bounces off of $160.38 and shooting up towards resistance and above down the line.
What do you think?
💰🧧 Metal OX 🐂 🏮❤️💰💰💰 ( Year for Softer Metals)This is the second part, I would recommend you watch the First part
So this is t he Year of Softer Metals and our focus will NOT be on Gold. Gold is the 'Hardest metal' for the Financial standards and has already reached all time highs last Year ( last year was also a Metal year but Yang, not Yin!)
In this video we cover:
🏮Silver which is far away from it's price in 1981 (!!!)
🏮Platinum which has been our first pick in January
🏮💰 Lithium which is the definition of a 'soft metal' and was a huge success for us in 2020
🏮 Nickel which we like to invest through an (ETN) exchanged traded note or this Australian beauty 🦘
LIACF Long term hold - BullishEven though this one is an OTC stock, the potential is enormous. These guys mine Lithium, THE key component of current battery technology. They have the estimated largest find of Lithium in world at their site in NV. The only issue with that market is that China controls most of the LIthium processing, but expect that to change over the next few years. Notables like Elon Musk $TLSA has a good deal to gain from a local source. Wouldn't surprise me for him to start large scale Lithium processing since the demand is increasing the the existing capacity flows through China which is a bottleneck and extra cost.
With the weekly level closing over the previous high, this could start moving.
Lithium ETF - Needs a small pause to recharge 🔋🔋🔋Lithium has been one of our most successful 'explosive' trades and it has proven as right.
Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since.
Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then.
At this stage we have reduced our positions dramatically as we expect a correction as shown on our chart.
ps. we do a LOT of research on Lithium and others. We highly recommend this YouTube channel📺 for Lithium research, news and interesting facts, as well as plenty of Tesla research and analysis.
(and also this Lithium from the legend, Kurt Cobain👼🎸)
XL: Ready to go (short float 72%)An EV play with 72% short float. ready for a breakout.
Traded yesterday above its avg volume.
We need to see more Volume to confirm the breakout.
Parabolic move aheadPotential for a parabolic move ahead for JRL
Located near the Tesla Gigafactory the Mcdermitt minesite sample results are expected in late January.
Tesla has recognised the potential of sediment-hosted lithium deposits, such as Jindalee’s 100%-owned McDermitt project in Oregon
If the release of the Mcdermitt's samples return positive it is likely we could see a parabolic move ahead.
JRL has relatively low volume right now (69k Average) and with a paper thin orderbook it is in a good position to break out.
The company is debt free and yearly income is on the right path to become positive.
Here are my price targets
2.08
4.13
6.60
SET STOP @ 1% OF PORTFOLIO - NO MORE. A LOT OF UPSIDE HERE. Description
Patten Energy Solutions Group, Inc., an exploration stage company, engages in the acquisition, exploration, development, mining, and production of energy and mineral properties. The company primarily explores for lithium carbonate and other minerals. It holds interests in a portfolio of properties covering approximately 31,020 acres located in the United States and Australia. Patten Energy Solutions Group, Inc. was founded in 2004 and is based in Dolton, Illinois.
BULLISH ON ANYTHING #LITHIUM.
Breakaway GapWhen the price opens above a significant resistance area it is known as a Breakaway Gap.
This is a bullish signal and indicates the start of a strong trend.
Although some would argue that gaps must be filled it is important that we identify what type of gap we are looking at.
Breakaway Gaps are usually backed by a positive announcement and in this case it is;
PUREgraphite Awarded US$5.57M from the U.S.
Department of Energy (DOE) for New Technology
Development
Price is currently sitting at a major Fibonacci level of %61.8.
It is possible that we at a major resistance however a move above this level
could indicate that we are likely to reach the next target of 4.75
-BreadCharts
LKE Strong TrendLake Resources NL (ASX:LKE; OTC:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects cover 200 sq km in a prime location within the Lithium Triangle, where 40% of the world’s lithium is produced at the lowest cost.
Lake Resources looking bullish:
- Strong Uptrend respected
- Previous targets complete
- Bullish Channel confirmed
- MACD Bullish
- RSI Trending Bullish
- Bullish bounce of .328 Fib Retracement over last 2 days
- Bullish Buying Volume
- Market Structure currently Bullish
Bearish Move:
- Im expecting some Bearish action as traders take profit, RSI is slightly overbought. Consolidation within channel is possible.
Watching Closely
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
WWR: Breakout?A lithium play. Opened today with a Gap. bullish above 5.40.
We need to see big Volume to confirm the breakout.