Critical Element Lithium is a material stock currently on the rise. Lithium is a critical component of the battery industry. With current demand for low-to-no emission vehicules, this stock is in the right spot for a continued trend up.
Left hand side graph shows an ascending triangle on the daily with a possible total gain of 56% for a price target of 2.34$.
Top right graph shows a cup'n handle on the weekly chart with a total gain of 89% for a price target of 2.76$.
These two graphs are NOT confirmed yet.
Both graphs are showing similar price targets on different timeframes with different paterns. This increases confidence in achiving the target goal.
Caution: This stock is OTC (Over the counter). Risky play.
Finally, the industry sector chart (bottom right graph) has broken through the 550$ resistance (red line). This makes an even broader statement into a bullish trend for the materials industry, increasing even more the confidence level of IPI hitting the 2.30$-2.75$ price target.
Stay humble, have fun, make money!
Left hand side graph shows an ascending triangle on the daily with a possible total gain of 56% for a price target of 2.34$.
Top right graph shows a cup'n handle on the weekly chart with a total gain of 89% for a price target of 2.76$.
These two graphs are NOT confirmed yet.
Both graphs are showing similar price targets on different timeframes with different paterns. This increases confidence in achiving the target goal.
Caution: This stock is OTC (Over the counter). Risky play.
Finally, the industry sector chart (bottom right graph) has broken through the 550$ resistance (red line). This makes an even broader statement into a bullish trend for the materials industry, increasing even more the confidence level of IPI hitting the 2.30$-2.75$ price target.
Stay humble, have fun, make money!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.