Largo ResourcesLargo resources one of the lowest cost vanadium producers with main project in Brazil. Company explores for vanadium, iron, tungsten, and molybdenum. Earnings have been exploding due to appreciation in vanadium prices last year. I belive prices of Vanadium the 23 element in the atomic table will go north in the next few years which will be triggered by shortage in supply and increased demand. Chinese new rebar standard, Tesla gigafactory in China and Nevada. VRF adoption for renewable energy. Technical point of view RSI oversold, MACD momentum change, Volume increased. 0,70% fib retracement giving very good RRR with at least 2:1. Good Luck
LGO trade ideas
Just has that rounded bottom feelThis chart just has a nice rounded bottom in the making IMO. That is if the global trade issues get sorted out and the outlook for growth improves. LGO is very susceptible to the China trade issues and global growth overall. If the Indices decide to take another trip south LGO will go down with them. That being said I'm in the camp that we see a continued rally in equities until mid-late January.