Double Bottom with Billions of Metric Tons of Lithium - SLI

업데이트됨
Here I have SLI on the Daily Chart!

Technical -
A Double Bottom Reversal Pattern has formed and with the Bullish Rally started from the ~1,800% increase in the Estimate to Reported Results for Earnings and Revenue on Sept. 24th, we see Price Breaking our Confirmation of Pattern @ 1.98!

This weeks Price Action has created a Volume Imbalance between ( 1.91 - 2.03 ) that Price may choose to Fill before it pushes Higher!

Now Price is struggling with the Resistance of Previous High @ ( 2.28 - 2.38 )
-If this rise can be sustained in becoming a New Higher High than our Confirmation of Pattern, we can expect Price to Retest this Break of Confirmation to find Support!

*If the Retest of the Break is successful, we can then suspect Price to find Resistance again at Previous Highs @ ( 3.59 - 3.89 )

Indicators:
- Golden Cross with 200 EMA and Dynamic S&R
- RSI is Above 50
- Strong Bullish presence in Volume leading to Confirmation of Pattern

Fundamental -
Under all this utter devastation that Hurricane Helene and Milton have done to North Carolina and Florida and now with the wildfires ravaging Wyoming, these disasters have uncovered massive Rare Earth Elements and Metal Deposits containing around Billions of Metric Tons of essential components needed to power our shift forward from the Industrial Age to what feels like the Digital Age.
-Adding potential future mining sites to the already known deposits in Nevada, Pennsylvania and California.

EV and other technology advancements will come soon now with these essential minerals and metals possibly on the Brink of Extraction!
액티브 트레이드
스냅샷

Price today came down and Closed in the Support Zone also @ Previous Highs!

Will Be Adding Shares @ Market Open!
액티브 트레이드
스냅샷

Price seems to have found a strong Support here in the 1.90 area!

Added more shares!
액티브 트레이드
스냅샷

Price is pulling deeper into the Previous Highs.
Good time to add more shares!

- Price Trading Above 200 EMA
- RSI Above 50
- BBtrend is printing consistent Green Bars
액티브 트레이드
스냅샷

Here we can see that SLI is producing what is called a Golden Cross on the Daily Chart where my 200 EMA and Dynamic S&R have crossed paths indicating Bullish Momentum will come! Buyers could push price higher if Price can turn the ( $2.38 - $2.28 ) Resistance Zone into Support!

Added Shares!

arcaBullish PatternsChart PatternsDouble BottomFundamental AnalysisTechnical IndicatorslithiumstocksRelative Strength Index (RSI)reversalSLI

Novi_FIbonacci

Telegram - t.me/+l3fTcsZu91ZiZDkx
또한 다음에서도:

관련 발행물

면책사항