LAC Long - 4/2/2019Speculative trade on assumption momentum from earnings will continue to carry price to high $4.xx range. Tight TP and SL.
Trade responsibly; TPs and SLs
LACD trade ideas
Lithium America : End of bubble wedge upside breakout soon?Lithium America : End of bubble wedge upside breakout soon?
Bull cycle on Sinewave
target 1 hitfor reference. looking at second bear target. looking to take profits on this asap from first target
few stocks im watching #nmx #qmc #lax #csiqjust watching a few things while alts and btc fairly boring.
LAC all trend lines point to breakout only if. it crosses 7.30-7.50 range. Trend lines plus penant. But I am a rook.
Seems unlikely short term with lack of PR till June likely and downtrend in battery minerals in wake of SQM-Corfo and MS report.
Long LACIn a long-term uptrend. Showing some consolidation around $11.50. Historically has tended to break-out after consolidation. Would set a stop around $11.
200-day Mansfield relative strength index for stage analysisAs per Stan-Weinstein's book The Secretes for Profiting in Bull and Bear Markets, 200-day Mansfield relative strength index is an important indicator to determine the stage of a stock. The basic calculation is using the close price of the subject stock and close of a benchmark index using the following formulae:
a - subject stock
b - benchmark index
SMA (x, p) - simple moving average of x over the period of p
MRSI200 = (( a.Close / b.Close ) / SMA (a.Close / b.Close, 200) - 1 ) * 10
Strong bullish sign on LAC. Consider entering on its pull back in the range of 1.3 - 1.5.
