All in opinion:
Disagree with me if you wish however when I look at the charts assuming a LT view from 2015 till now, looking at MACD LT cross overs to upside every few years and looking at SMA (20) LT trend UP it looks to me Lithium stocks in general are primed ready for upside:
PLS
PLS support in mid 2017 was 40s
PLS support now in 2019 is high 60s
Predicted PLS support in early 2021 could be near 1.20-1.30
Meaning from here on in till early 2020 PLS could go to highs of around 1.70
KDR
KDR came out of the blocks in mid 2016
KDR support in mid 2017 was 50s
KDR support mid to late 2018 to was near 1.
Predicted KDR support in early 2021 could be near 2.00-2.20
Meaning from here on in till 2020 KDR could go to highs of around 3.00+
AVZ
AVZ came out of the blocks in mid 2017
AVZ is near support levels near 4c
Predicted AVZ support in early 2021 could be near 13c
Meaning from here on in till 2020 AVZ if moving through previous highs could go to highs of around 30+c
LIT ETF
LIT started its next ETF chapter (EV Batt storage demand) and came out of the blocks in early 2016 from a long bear market since 2011 till 2016.
LIT support appears to now be near 30
Predicted LIT support in early 2022 could be near 40
Meaning from here on in till 2021 could go to highs of around 50
In opinion, looking at LT technicals and strong industry fundamentals, I see a potential industry wide recovery in the Lithium space with a long term trend view. Onwards and upwards. Lets get on with it shall we....
Good luck holders....
KDR Price at posting:
$1.34 Sentiment: Buy Disclosure: Held
