SamSuka
The Long Investor
The Long Investor

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$LAC - RC -

The price of Lithium has been falling rapidly all year and although this is good news for EV companies, not so much for $LAC right now.

That being said, it has worked its way down through the Fib levels of this Wave C and is still trying to secure confirmed support on one of the levels.

There is a battle going on at the 0.78 Fib at $6.40 and so far it has bounced from this level, but we certainly need to see more signs of a reversal before confirming that this is starting an impulse wave next.

I believe going forward, Lithium will play a large part in many industries, so this may be attractive at this level.

$LAC - RC -

Comments

This is a great chart !

Noah

I can’t find any charts on $INDI. I bought some in the $4’s… so far, so good. I would love to see just 1 long term chart on this one. 🙏

RandumbInvestor


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