Short Term Trading Week Starting: 10 July, page-21

  1. 1,883 Posts.
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    STTCOMP FA, BOOM

    Keep your eyes on the Li sector. I think we're going to see this week as the confirmation of an industry-wide uptrend. With Ford getting onboard, VW securing its Cobalt deal, Tesla shipping the Model 3, France and Germany putting a timeframe on banning combustion engines, Volvo calling 2019 as their transition to EV/hybrid and the rise of Chinese production (and consumption) of trucks and buses... There's so much buzz, it seems inevitable that retail and insto investors alike will flock to these stocks to lock in low prices for short-to-medium term gains.

    KDR will produce some short term volatility due to the court case, however will settle into an uptrend. POS will follow. PLS is powering on since languishing sub 40c for some time. GXY is up over 30% in recent times, and MIN has traded strongly with clear fluctuations showing that interested parties are willing to trade amidst some volatility. AVZ will do well given its resource upgrade. TAW is moving up (see @Haplo's tip on such).

    The rising tide..
    Last edited by lifeguard22: 10/07/17
 
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