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Re: Kswies post# 10274

Monday, 01/10/2022 12:08:10 PM

Monday, January 10, 2022 12:08:10 PM

Post# of 10476
Been a pretty good success in short term account even after tax bite in and out of dips and surges (sometimes intraday, sometimes a day or two, sometimes longer), in long term account looks like 20 day on a weekly is acting like support for the moment, it might retrace enough to fill the gap at about 25. All depends on the general market (it's in a downtrend with that near term) and I think the market is going to be a bit volatile near term at least and just have to keep on the toes for any enters or exits trading. Long term lithium and LAC is in pretty good shape fundamentally and can see that continuing barring any annihilations from some virus, wars, or meteor landings. Analysts are still giving a moderate buy rating with $23-24 for low end, but even at that low LAC is still way up percentage wise for my long anyways. Some people don't give any heed to analysts (varies with who the analysts are), but more do so it does affect sentiment overall and in turn effects the sp. Last year they were exuberant, but this year I see them toning it down a bit and being more conservative generally with most securities, but one never really knows.






“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keynes

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