LAC Long Term Play

已更新
Overview:
  • LAC has two large lithium projects one in North America and the other in South America
  • North America project is 100% owned by LAC and has passed final environmental impact study and expects to get major permits in Q4 (company website)
  • Trying to pick bottom of LAC retrace off Jan rally
  • Long term trade (time horizon over 12mths)

Current Trend:
  • Has been bearish since mid-January
  • 200ema is closing in on support found around $13.40

Trade Plan:
  • Slowly scale into position around when price dips below $13.40 support
    Target Profit:
    • $24.00
    Stop Loss:
    • $12.15, Use resistance pre January rally as stop loss
    Disclaimer
    Not investment advice. Thinking out loud in a crowded room.
交易進行
Avg Entry: $13.15
交易進行
New Avg Entry: $13.175
交易進行
New Avg Entry: $12.8857
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