Setup: Price is pressing a long, descending resistance with multiple prior rejections around $15.7–$16.5. Rising trendlines below suggest a constructive higher-lows structure.
Entry (valid only after breakout):
Trigger: Daily close above $16.45 (trendline + horizontal cluster) with strong volume.
Conservative: Wait for a pullback to $16.0–$16.45 that holds as support.
Invalidation / Risk:
Stop: Below $15.18–$15.25 (failed breakout / back inside range). Tighter traders can use < $15.50 intraday.
Targets:
T1: $18.50–$18.60 (recent supply)
T2: $20.00 (round-number / prior pivot)
Context: The lithium theme could see a bullish tailwind for U.S. names if Chinese import supply remains constrained, potentially favoring domestic producers and related plays—adding fuel to any confirmed breakout.
Timeframe: swing (days–weeks). As always, let price confirm the break; no entry before the close above resistance.
Entry (valid only after breakout):
Trigger: Daily close above $16.45 (trendline + horizontal cluster) with strong volume.
Conservative: Wait for a pullback to $16.0–$16.45 that holds as support.
Invalidation / Risk:
Stop: Below $15.18–$15.25 (failed breakout / back inside range). Tighter traders can use < $15.50 intraday.
Targets:
T1: $18.50–$18.60 (recent supply)
T2: $20.00 (round-number / prior pivot)
Context: The lithium theme could see a bullish tailwind for U.S. names if Chinese import supply remains constrained, potentially favoring domestic producers and related plays—adding fuel to any confirmed breakout.
Timeframe: swing (days–weeks). As always, let price confirm the break; no entry before the close above resistance.
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.