Upcoming Breakout. Hold/Buy/Sell ?

Hi guys, since PIO went block busters because of lithium yesterday, ADV seems to be the next one since its about to release their results next week.

Fundamental Analysis

- Good lithium future, perfect for long term investment very very little risk, however this post is focused on short term

- Root Lake drilling update coming up next week Monday/Tuesday

- Recent boom in PIO due to market and price manipulation bought more attention to lithium stocks and ADV is the best stock possible to invest in right now since PIO is going back down to 40c in a while.

- Steady Volume flowing in since the open

Technical Analysis



- Retracement was completed yesterday and started moving up

- currently in an uptrend - no brainer

- Support at 44c, Maximum fall is 44c, rest is up to market

- Retracement was at 68.2% Fibonacci,therefore the new rise is going to run hard for a while

- Daily Points and Figures concludes that the fall period has ended should be hitting 50c+ next week.
- Investments as big as $40k came through without such market attention at 45c


With Fibonacci extensions we can conclude a minimum price target of 50c, next stop 52c (38.2%) and if the rise continues 54c(68.2%)

DYOR

Please share your thoughts and opinions