ABML (1D) - LONG Setup - could this be the DIP ? Hi Traders,
Today my attention is at the ABML Stock, which is very potential mining // Rare materials refining company.
Important stuff for all those EVs and electronic gadgets like drones etc ... (You know, future :D)-
So Wave A and B is clearly easy to count. But wave C is tricky ... showing some overlaping what could be marked as triangle also.
I am alredy in LONG position with some cash prepared in case of another drop. Without stop-loss for now.
Let me know, whats your EW count and FA/TA analysis aboutthis stock ;)
Trade safe.
ABML
Swing trade on ABMLIm following the price,the price is falling while the volume rises, it could indicate a volume divergence that brings a strong break of the descending wedge that is being formed, wait for the wedge to break, stop loss below the last low, good upward movement
SWING TRADE on ABML
Very strong support point in the sma 200, at any moment a very strong movement can come with everything related to electric batteries, it could explode very strongly
Metals - ABMLModel has given entry signals for American Battery Metals Corporation:
- American Battery Metals Corporation engages in the exploration, mining, extraction, and recycling of battery metals. It owns 647 placer mining claims on approximately 12,940 acres in the Western Nevada Basin, situated in Railroad Valley in Nye County, Nevada; and a 120-acre parcel of private property with water rights, in the town of Currant, NV near Railroad Valley.
- The company is focused on creating a vertically-integrated lithium company in three ways: environmentally-sustainable exploration and mining, green extraction processes and battery metals recycling.
- Lithium ion batteries are critical in the renewable energy industry.
- We are very excited about opportunities in the commodities sector, as we believe a macro turn is approaching in the nearest future.
- We are bullish on the clean energy and ESG sectors.
- Technically in a Wyckoff accumulation structure with a spring, possibly testing the channel top.
GLHF,
DPT
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OWRDFOne World Lithium Inc is approaching its one year anniversary on March 19th. Curious to see if it's going to test its AH of .21.
ABML - Inverted Cup & HandleLooks like an inverted cup & handle, bearish things possibly about to happen. Currently holding a position, will probably reduce.
