LITHIUM: potential long opportunity
Updated
Lithium Americas Corp.
Technically, long opportunity with possible double bottom. Lithium price is very volatile, still no futures as of yet. LME still working it out lme.com/Metals/Minor-metals/Lithium
Fundamentally there is talk of possible oversupply.
This chart is for the Toronto Stock Exchange. Stock also available against USD on NYSE.
/* Trade at your own risk please. */
Technically, long opportunity with possible double bottom. Lithium price is very volatile, still no futures as of yet. LME still working it out lme.com/Metals/Minor-metals/Lithium
Fundamentally there is talk of possible oversupply.
This chart is for the Toronto Stock Exchange. Stock also available against USD on NYSE.
/* Trade at your own risk please. */
Trade closed: target reached
I wasn't able to post for a month - this trade was closed out at target. Update was provide on twitter. Thankstwitter.com/BarclayJames1/status/1218158232327401472
Interesting to see where this goes now, maybe retest towards 6?
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