3/3/2022 NYSE (SQM)Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $65.06 / $64.28
Target Price: $66.53 / $65.95
Stop Loss: $62.61
SQM_A trade ideas
Energizer Trade – LithiumSociedad Química y Minera de Chile - $SQM - is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium, and industrial chemicals. It is the world’s biggest lithium producer. SQM's natural resources and its main production facilities are located in the Atacama Desert in the Tarapacá region. Check out this monthly GoNoGo Trend chart of $SQM going back to the mid-1990s.
What is fascinating about these shares is that on every timeframe – quarterly, monthly, weekly, and daily – the stock is in a “Go” trend. Notably, the quarterly and monthly charts are poised to lock in all-time closing highs. That is bullish.
If you watched the Super Bowl, mainly for the creative genius in the advertisements as I did (Bengals Fans), you may have noticed every major auto manufacturer is releasing new electric vehicles. The demand for lithium in each of those batteries could drive price action for lithium miners faster than Arnold could drive that new electric truck!
$SGM long to 73$SGM broke out on huge volume.
1,100 70c Dec17 traded today and some 75's for next year.
$SQM can rise in the next daysContextual immersion trading strategy idea.
Sociedad QuA-mica y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services worldwide.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $55.69;
stop-loss — $53.81.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
SQM - Symmetrical Triangle Hi guys,
SQM (Sociedad Química y Minera) it's a stock of an emergin market, Chile.
It has really good chances to go up and probably break up the resistance after weeks of accumulation.
RSI shows that there is a hughe chances to go up too. Let's see.
RR: 1:5 - 1:7
Safe trading.
$SQM BreakoutShowing strength and looking for another breakout. Could easily surge to around $64. Good Luck!
Breakout to new highThe price recorded a new low but not yet a new high.
Short ema just crossed its closer sister. I'd wait the price to meet as much as possible the blue ema before taking a position
$SQM can fall in the next daysContextual immersion trading strategy idea.
Sociedad QuA-mica y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $50,42;
stop-loss — $54,04.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Long | SQMNYSE:SQM
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%
SQM is recharged 🔋🏎 and ready to take off 🚀🛸The world’s biggest lithium producer is ready to take off
We look for the price target at 75
Today entered volume (large), Candle shows strong purchases during the session, Volume Profile reflects high trading area at the level of 56
By development of Elliott Waves, it could be the end of Corrective Wave 4 (Correction to 23.6% of FIBO)
don't lose your seat in this new take off.🚀🚀🚀
🛸🛸 Atacama Desert 😉
SQM - Mining stock for Lithium Miners - W FormationText bullish formation on the monthly scale. Impressive.
$SQM with a neutral outlook following its earning release With a negative over reaction following $SQM earning release, The PEAD projected a neutral outlook for the stock placing the stock in Drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
SQM to around $38 in next 7-8 daysThis one came in meditation with the number 38. It has a daily squeeze and is moving this morning. Now up 2.6%. I want to see it hold 31.60
Oh, and I've never heard of this stock. At least, not consciously.
Lithium ProducerAs production slows, and new projects are extended out to 2021 and 2022, is now the time to go long lithium?
$SQM nice bounce out of the wedge.If you jumped in this one from last week, we made some nice bank off that bounce.
$SQM Looks ready for a bounce with that tightening wedge.Tightening wedge with recent buying, should bounce soon imo.
Great Monthly chart, and seems to be at a great price. PT 40Nice bullish divergence on the month. Looking to add.
SQM BUYBuy signal at 30.25 $
Timeframe - 1 week.
Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals.
It's interesting for me due to mining of Lithium. Which is used to create batteries.
If you want to see more history of this strategy, I will able to show you if you request me.
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You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
SQM - working higherAfter intitial breakout of double bottom formation, an retest of its neckline in recent days, NYSE:SQM is finally moving strongly in the expected direction. I expect it to reach the price of at least $36.5 as a target
SQM: Huge base, retrace gives a low risk buy...Chilean lithium miner $SQM offers a great low risk trade here. There is a gigantic basing pattern, and a breakout that confirmed a huge trend signal here. Price now retraced into a buy zone in the weekly timeframe, while we have a bullish 50/100 EMA crossover in the daily chart. This might attract some attention to the stock. Interesting idea here, I would buy with a stop loss below the red dashed line on chart.
Targets are shown by the cyan boxes on chart, both upside and time duration of the projected trends.
Cheers,
Ivan Labrie.
SQM - riding the wave of higher prices in lithiumNYSE:SQM provides exposure to lithium prices, which are on a strong rise in recent months. SQM was lagging a bit, but looks like it is finally ready to go higher.
Double bottom formation was confirmed with strong breakout on high volume on Monday and suggests that in short term price should rise at least to $35-38 region.
And if outlook for sector remains positive, even higher prices should be expected, historically trends in SQM were strong and lasted for prolonged period of time.
