Bullish long Swing Play on LAC

Apr 9, 2022

This is one I think will be good for a long term play. The trend on this stock has been quite predictable in its up and down movement and from what I can see I believe that the $30 zone is a good place to make my first entry position. I am prepared to buy the dips as they come with the expectation that it would bounce off the low to mid $20 support zone if it did. For the most part I am looking to scale back my positions as it goes based on 2 specific spots on the chart as marked already. Otherwise I will let the remaining balance ride as far as it can. With the demand on Lithium and the need for its supply, I think we are still early on in the game.





Lithium Americas Corp. is a resource company, which engages in lithium development projects. Its projects include: Thacker Pass and Caucharí-Olaroz. The company was founded by Raymond Edward Flood, Jr. on November 27, 2007 and is headquartered in Vancouver, Canada.

Jun 19, 2022

Note

Since my last post here the stock it self has traded back and forth but in a downward channel. I have bought down my average at the $22 zone and again in the low $19 zone. Still bullish on the long term perspective for this one.