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Came across this one this morning as I was trawling through the charts. It looks like there may be a possible breakout.


I had a bit of a look at what they did, Lithium, which explains why it has been in the doldrums. I try not to get to excited by the bedtime stories these guys tell but I did like the fact they have a recycle plant up and running in Canada recycling EV lithium batteries. I like this on a couple of levels, in that they are a miner who have established markets for the product, which means they get all the profit from the recycle unlike a normal recycler who would have to find a buyer. Plus I like the concept of this stuff actually being re-used and not becoming landfill. They are paying a divvie and have plenty of money, so they say. I didn't try to read their AR, I will leave that for others who are better equipped. I find this an interesting stock both chart-wise and story-wise.


Here is Chris Reed giving a presentation to the 2019 Explorers Conference....


[MEDIA=youtube]-ae6YNg5KSQ[/MEDIA]


This is the 6month chart showing the SMAs and Twiggs weekly money flow

The 21dsma is just about to cross above the 200dsma which has now moved under the price. It is also beyond the long term overhead descending resistance line coming from November 2017.  The Twiggs weekly money flow is starting to rise a little, still early days.


[ATTACH=full]94966[/ATTACH]


and here is the two year chart showing the 200dsma


[ATTACH=full]94967[/ATTACH]


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