Watching $LAC Breakout: Gov’t Support Could Fuel Run Higher

semalam

I’m bullish on $LAC. I've successfully traded this during the time of EV Hype and with some recent news development, this can get some tractions again. Here’s why I think this setup has teeth:

🔍 News Trigger

The U.S. government is negotiating an equity stake in Lithium Americas while it restructures a $2.3B DOE loan for Thacker Pass. LAC ripped nearly +99% after hours on the announcement. This news ties directly into the Trump administration’s push to boost U.S. manufacturing by ramping investment from both domestic and international firms.

🏭 Bigger Picture: Manufacturing Push

Washington wants to anchor more of the EV supply chain inside U.S. borders. Lithium is critical, and Thacker Pass is one of the largest untapped reserves in North America.

The push isn’t without bumps: earlier this month, Hyundai and LG Energy’s EV battery plant in Georgia was hit with an immigration raid, forcing a construction halt and delaying its opening by months.

That context shows why Thacker Pass and U.S. lithium supply are so important — less reliance on foreign production, more control over supply chain timing.

📈 Why This Matters for LAC

Government equity stake = financial backing + political weight. Reduces project risk, improves financing terms, and signals strong federal support.

Demand for lithium is set to rise with EV and storage adoption. With U.S. manufacturing policy pivoting harder to “homegrown supply,” LAC stands to be a front-runner.

If execution holds, this could be a re-rating moment for the stock.

🛠 Trade Setup

Watch for LAC to hold above breakout zones (around recent highs). Confirmation there is my entry cue.

Stop just under key support where buyers previously defended.

Upside targets: 30–50% higher if momentum continues and resistance clears.

⚠️ Risks

News is hot; if government terms sour or fall through, stock can retrace fast.

Permitting and cost overruns at Thacker Pass remain risks.

Lithium prices are cyclical — a sharp downturn could pressure margins.

✅ The TL;DR

U.S. government backing, Trump’s manufacturing agenda, and supply chain urgency all line up in LAC’s favor. This is a high-beta, high-risk play — but the narrative and chart are turning bullish.

Once again, always manage your risk.

16 jam lalu

Dagangan aktif

There's a gap to be filled somewhere at $6.50 level area. Bulls will try to push at that level. I will be trimming some once that gap filled up and then let's see if it will follow through in the next days to come. Good luck everyone.