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Mid-Week Special Recommendation

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Steve's Special Recommendation 

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Candlestick analysis provides a clear analysis of the difference between identifying the beginning of a very strong price move versus chasing a stock price.LTHM had moved up strong because of earnings well exceeding expectations. They earned $0.21 versus the expected $0.14.


Also, they projected very strong earnings into the future based upon the strong demand for lithium, the price advancing over 67% over the recent past. They projected there revenue moving up from the $540 million-$600 million range up to the $750 million range and as high as 800 million.


The candlestick chart patterns become the alert that new investor sentiment has come into a price trend. The RARE process merely allows an investor to investigate the news that provided the big price move. This combination allows the investor to make a much more accurate assessment as to whether this new breakout price move is going to continue or whether it was just a one-shot situation. LTHM can be bought on positive trading anticipating a 45° pattern. This also makes some of the other lithium mining companies bullish prospects.

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Investing and Trading involve significant financial risk and is not suitable for everyone. No communication or chat session should be considered as financial or trading advice. All information is intended for educational purposes only.


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