KATANGA MINING BUYKatanga mining export bans have been lifted in DRC. Bullish on cobalt ana Katanga mining is one of the lowest cost and largets producers of cobalt and copper. EV production is tending to rise in future. Huge risk-reward ratio. RSI oversold on weekly with signs of divergence. Bears losing momentum. Good Luck
Cobalt
I'd buy this if I were youBig play on Uranium. This company owns massive Uranium and Cobalt deposits (Cobalt is needed for electrical car batteries)
Company just got funded for another 18 months, which I think is long enough before the coming Cobalt/Uranium boom (at least one of them if not both)
50-1000x play here.
Looking good next leg soon - 50ma / SR level support LONGVERY BULLISH HERE
50ma weekly / 200ma daily / SR level / 0.618 fib retrace
this should all provide strong support and a bounce from here.
Cobalt prospecting for EV play breaking out on wedgeCBBWF
Cobalt and Silver prospector and formerly Global Copper Group...Cobalt sexier asset.
NAFTA sourcing for Co/Ag play. Has assets with cobalt for EV, electroplating, electronics, metal alloys.
Trend in electric batteries to solid state batteries, which Cobalt will remain sexy for next decade despite Elon Musk hope in Lithium and threat to keep prices down. Not sure his comments are working for him.
Cobalt mining stock set for entry off weak volumeTSX: LUN LUN
NYSE:LUNMF LUNMF
Lundin Mining is a mid-cap mining company that will benefit from rising cobalt prices and demand.
Waiting for bounce off likely 4.55 for entry, or 4.35-4.40 range, and not likely lower $4.06-4.10
Fib retracement. RSI going above 50 with 1w chart shows good entry with lots of scribble correlation.
Sorry for the business, I mean busyness here.
Cobalt value is strong and demand for electric batteries also very strong. Recovery as major player
in this area is prominent.
For own use. Put to use idea, comment or like, but review on Friday Sept. 14th.
longbuylongsell chart with blue-black courtesy of @MarxBabu.
Cobalt stocks seem ready to riseAfter a long and deep pullback, cobalt related stocks seem ready to rise significantly from their extreme oversold condition.
The chart represents a "home made" index of of stocks from the sector.
As long as the recent low (trendline) holds the Elliott wave count is highly bullish.
Downtrend brokenComing off great news today, downtrend is now broken. Looks like we'll be tracing back up past 10c in a short amount of time.
AUZ - Australian Mines; Basic Technical AnalysisLooks like Auz is trying to find support at the 8.2c mark. Large gap from late feb has been filled. Last month has been in a downtrend. Downtrend lasted approx 1 month. OBV lowest it has been for quite some time.
Conclusions:
Optimistic - A period of accumulation then hopefully a trend reversal. FA of this company are great. Will top up on holdings when a clear buy signal presents itself.
Pessimistic - Price will fall lower in need of finding support; possibly to 7.8c (small previous resistance) or even to low 6c mark before the major bull run took place.
Any feedback greatly appreciated
MLX inside bar's :)MLX is currently forming inside bars on the Weekly chart which will break in the coming days. Previously MLX inside bars has broken bullish and have given back some nice gains. The potential for a BULL break is higher as MLX is currently in strong uptrend and is currently on a previous support.
BULLISH INDICATORS
Weekly
Inside Bars in an uptrend (inside bars broke Bullish twice in the past)
Declining BEAR Volume on the Weekly (sign bears are running out of selling steam)
Currently defending Uptrend line and using as support .
Daily
MACD Crossed Bullish
RSI Forming higher low (even when price has dropped lower) IMAGE BELOW
4 hour
MACD Crossed Bullish
BUY = .85 (IF LUCKY)
STOP = .75 10% LOSS
TARGET 1 = .94
TARGET 2 = .985
TARGET 3 = 1.160
Il play this with travelling stop loss if we break Bullish.
DAILY RSI (BULLISH)
Undervalued Low 4m EV ExplorerCarawine recently hit the boards with an EV of $4m
They have $7m cash and a quality shareholder structure with 55m shares on issue.
With a large acreage position in WA targeting, nickel, gold, copper and cobalt and shallow high grade gold in Victoria this has the traits of an exploration company worth $30m plus
$EUC potential bounce from major TLASCX.EUC major TL has been touched as the chart sets up a decent pennant. Top side breakout will give a 43c target with very little overhead resistance over head. Prev high at 29.5c may require some volume to push through
GLEN: Glencore is in a strong uptrendI'm long $GLCNF/$GLEN here. I like the outlook for Cobalt, as the EV race intensifies. Supply of this metal is constrained, and as demand surges, prices will follow, intensely.
With some luck, I'm correctly calling the bottom of this pullback, which gives us a low risk to join this trend. I'm already positioned from lower levels in $VALE, and also in $BHP, and $GLEN was the missing piece for my portfolio that gravitates around this and other themes currently.
Best of luck if joining me here,
Cheers.
Ivan Labrie.
$EUC potential flag break from 0.618 fib level. After a monster run EUC have pulled back and appears to be consolidating at around the 61.8 fib level while flagging like a boss. Awaiting flag break for entry with a target of around 43c on the chart depending on BO point.
$LFR Potential Symmetrical Triangle Continuation LFR have ongoing Zinc developments and recently announced a high grade cobalt and copper project. Awaiting top side break before considering entry
$JRV Price Channel ContinuationWeekly shows a strong channel has formed on ASX:JRV , overall scandium, cobalt and nickel sectors are bullish. Likely to test channel tops in coming weeks
Cobalt Prices To Rocket As Tesla And Apple ScrambleCobalt is critical to the electric vehicle (EV) revolution, and it makes up some 35 percent of the lithium-ion battery mix—but we can’t source enough of it now, and the future supply is uncertain at best.
It’s time for an all-American source of cobalt, and Scientific Metals (TSX:STM.V; OTC:SCTFF) is stepping up to the plate with a pure play cobalt project that could put the U.S. on the cobalt map for the first time in history. It would be the 5th home run for Scientific Metals CEO Wayne Tisdale and his team, whose last home run was lithium. The panic over future lithium supply to feed the EV boom drove prices of lithium up over 400 percent.
