LIT - Lithium Large runup in this large ETF? FED still tightening, narrative of an ESG been priced in? Hard to see further upside. Possible H&S pattern, a fair way from average 200WMA, and looking bearish on the daily. Taking profits on Lithium plays. Leaving initial stake.by jonnytren1
LIT - Lithium ETF setting up: 5 month basing patternBasing for 5 months. Confirmed breakout, pullback and reversing back up. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie Longby pangx6234
LITHIUM ETF - 4 times Higher Already 🚀👷🔋LITHIUM is FLYING! Check our idea/post from June 17th of last year as well as November 2020 It was obvious fundamentally that this was going to happen, for one too many reasons you can read about in those 2 previous posts. If something has changed is only positive, with Lithium Americas, Albemarle, and JinkoSolar Stocks went off like rockets on Monday, responding to a Biden administration plan to quadruple the share of green energy in America's economy by 2030. President Joe Biden calls for 80% green energy in the U.S. Renewable energy stocks react. Long story short, the Biden administration's proposal for "greening" the U.S. economy could be great news for both solar stocks and lithium stocks -- if the revolution happens. On a more cautionary note, WSJ observes that while you shouldn't "bet against a committed U.S. federal government and a supportive populace," the plan "envisions triple-digit billions of dollars of tax credits for clean energy over the course of a decade. But aren't in the bipartisan infrastructure bill" currently working its way through Congress. It's not yet certain that either Congress or voters will support spending "triple-digit billions" to subsidize green energy -- or pay the higher tax bills that those subsidies imply. In the meantime, S&P Global data shows that none of the three stocks named is currently generating positive free cash flow from their businesses. Unless subsidies are forthcoming, it remains to be seen if they can be profitable on their own. One Love, Let's go to 110 LIT ETF, the FXPROFESSOR 🔋🔋🔋🔋🔋Longby FX_Professor6612
Lithium ETF set to tighten up at these levels.Been bouncing off uptrend on the weekly, and last 3 weeks have been strong for LIT. Will need a month at these levels to tighten up before breaking to new highs. Lithium stocks have been moving well, VUL, PLS to name a couple. I would look to start adding to a medium term position in one of these 2 companies based off lithium movement.Longby TAjames1
$LIT - sitting on 20MAI like this setup right here. Breakthroughs in lithium batteries happening as we speak. by CCInvesting0
Lithium - LIT - LongUpward going trend channel for Lithium ETF. As the reopenings worldwide are due to happen, electric cars are getting more popular and every world leader wanna "save" the palnet from climate changes, this one is rightful for a upward trend. Possible resisstance levels to test.Longby Hvalp2
LIT ETF - ready to rise?The Global X Lithium & Battery Tech ETF (#LIT $LIT) is offering seemingly a good/risk reward entry.Longby ersuleimen11
LIT ETF signs of life again for move up.Price action is looking semi decent. Id prefer some tight green days next week to signal sellers dying off, but also a push above 65 and pull back to 63.50 will work just aswell. Longby TAjames1
Lithium ETF bullish if closes above $61 on daily.After a rounding candle like move over the last 6 days with a green candle yesterday, i feel a close above the $61 mark may be on the table today or tomorrow. Lithium stocks are starting to move, alongside tesla again (i feel like they are correlated in current market 😅). So a good move by the lithium ETF will signify a change in price action and it can start making an uptrend.Longby TAjames1
LIT My vision about Lithium ETFIf price breaks out this rectangle it's interesting to open a long positionLongby piterprofit0
Closing (IRA): LIT April 16th 54 Short Put... for .17/contract. Notes: In for 1.20, out for .17/contract here; 1.03 ($103) profit per contract.by NaughtyPines1
OPENING (IRA): LIT MARCH 19TH 58 SHORT PUT... for a 1.16/contract credit. Notes: 30-day at 58.6% and expiry-specific at 57.2%. Unfortunately, not the most liquid thing in the world, so expect to do some price discovery or be patient for a fill.by NaughtyPinesUpdated 2
Lithium ETF for all lithium movementsI analyse this when looking at lithium stocks aswell.. gives you an idea of how the general lithium market is moving. As can be seen, lithium is deep in the red recently and we want to see the price stay above the trendline. Any positions in vul, mns, lke or other lithium stocks need to be accompanied with knowledge of this chart as it will tell you the overall movement of lithium. Not worried yet about a break in trend, but still alot of selling volume in the space. by TAjames445
Opening (IRA): LIT April 16th 54 Short Put... for a 1.20/contract credit. Notes: Ranked second in my exchange-traded fund watchlist for 30-day implied at 57.1% (MJ's in first place at 73.1%), selling premium in the April monthly (45 Days 'Til Expiry). 2.27% ROC at max as a function of notional risk; 18.4% annualized.by NaughtyPines113
Lithium goes to the moon The EV and Solar battery storage era has pushed the demand for lithium. just look at it go ... by fredpui1
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👼🎸)Longby FX_Professor223
Bull flag broke, with a long history of bull flagsPretty simple, picked up $75 calls at bottom of flag, this should break up to new highs over the next week PT $80Longby Bearypatch0
Stable growth for Global X Lithium (LIT)Fundamental Analysis. 1. Industry: Lithium ++ 2. Price: Stable growth 3. Upward potential: 20-100% 4. Risk-Reward Ratio: 1:8 5. 5Y EPS Growth: Technical Analysis. 1. Volume is growing 2. Support of the MA30 5. Short-term target: 80 6. Long term target: 100-150 Longby coldsteel_trading111
Buy above 68If it holds the 1.618 from the previous all time-high to all-time low at 67.94, it's a buy. Daily closes below that level should be the stop loss. If it corrects to 48, buy with both hands.Longby fav789113
The beginning of a pullback? I've been watching this ETF for a while, always trying to buy at the exact point but couldn't just because I was afraid that it would go down just before I buy. Since November is been acting with divergence with its RSI so I waited, and now I think the pullback just begun so I'll keep waiting but more active. I like to buy when the price tests its MAs, especially the 20 day MA. This time I think it could test the 50 day MA but anything can happen so the best thing is always wait and be patient, but I'll put a signal on $48 to wait actively. Shortby dpuleo191