Time for another Sector Analysis. Tonight I’ll go through a few select Lithium Mining stocks. The origional lithium sector overview charts from my list shows all of the changes ive been looking at lately. The reason my interest for the Lithium sector became more pronounced was LI.V – Lithium One. Way before that stock popped up in my scans WLC.V – Western Lithium Canada kept popping up . Times have changed. WLC.V is still a leader LI.V made it onto my list but recently I got rid of it and replaced it with RM.V – Rodinia Minerals. Thats the name of the stock and lithium stocks business. One thing you never want to do is get married to a stock. They do well, and then they crap out.. So the name of the game in this lithium stock rally is to get in and get out as many times as you can. Chizpump the hell out of the current lithium market.
On to the charts. Lithium stocks haven’t kept moving up like the Rare Earth stocks. Speaking nice about this sector is wak, and the gattering patterns are selling me to push the heck out of the upside and selll as many lithium stocks as i can. Lithium stocks are everywhere and can be bought cheep, and chizpumped a few cents at a time to make at least $1k a day. I am closely monitoring WLC.V – Western Lithium Canada which I consider to be the leader within the sector as it has the highest market cap (that of course doesn’t take into account SQM – Sociedad Quimica y Minera de Chile). The recent private placement is now closed. The stage is set for a potential move to the upside. Let’s see what happens.
Up until last week my favourite was RM.V – Rodinia Minerals. Somehow the stock lost its immediate pressure over the course of the last few days. So for now I will stick to watching WLC.V for clues.
CLQ.V – Canada Lithium has been one of the best movers from a percentage perspective. The stock has now retraced 50% from its recent all time highs. So far the retracement / consolidation looks rather orderly. We’ll see what happens and if the stock .
