Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
So someone wants us down, BAD. Trying to force back under the bullflag we broke from friday. So maybe we wait a little longer just to confirm the break out. Moving averages are catching up to the current sp. So very bullish we move up to test the high very soon.
Bullish we wait for ema then launch from it.... Prob later in the week.
Bearish we try get pulled back down under the flag this would be very soon if it were to happen
Or bearish again but unlikely, The ema arrives and we're forced under it.
I'm betting on the bull case
Yep, but they need to do something, waiting out for the next generation of reactors (hydrogen etc) would be a longer wait. And would be early days in the tech, where as nuclear is known mature technology.
So they start now with current but latest solutions. Ie SMR or large reactors (which take even longer)
Sustainable, wind, shore etc which has advantages and pitfalls (mostly seen as a supplement source of power by the current goverment so can count on it never been the largest percentage for obvious reasons.
Or fossil fuels, with price rises and the supply chain politics, I'm sure they are looking to move on.
For today's solution nuclear is the only option, it takes 10 years to build but what do you expect its not a Barretts house. The goverment could at least give their usual deflection drivel about the new reactors and investment for the country when the lights are going out.
I'm pretty sure if they go SMR, they will run a very tight deadline and try bring the completion date earlier. All we need is announcements, then the SP will react to the reactor progress.
142.88 was last weeks close, I'd like to see above this today to breakout of this bullish flag and move higher.
All these spikes being pushed down are us getting pushed back into the upper of this flag channel we want to breakout of.
If we don't move out today we test the bottom of the flag at 140 /138, if we fall out then we test 132 area. Imo
Looking at the weekly candles we are bullish if we stay positive today. We are trying to be pushed below the weekly candle close. If we do we can test lower, if we stay at this levels I'm sure we will push up next week to test the resistance. If we stay at these levels by the end of the month I think we will be testing 160+
https://businessnewswales.com/uk-showcases-welsh-firm-at-global-investment-summit/
I'd prefer a lot of things but it's held well and still above 140. I'd rather a decent support level is built rather than moving up and crashing down again. Travel opened up so tomorrow may mark a more significant rise. I predicted a move towards the highs again on Friday anyway, hopefully it pays off.
Just of note that on 1st October we hit 137p, which was the bottom trendline of what I believe to be our bull flag. We then broke out of the flag and hit 144.5 on the 4th October and struggled to push through resistance. We then went down to test that channel we broke out of today and bounced nicley off of the upper trendline, I've added a bit more at today's lows. Hopefully we can test the highs again now that we have tested the breakout. All depends on current global markets. But this seems to coincide with usa moving up from support. If usa sinks lower towards the 200day ema (nasdaq) I'm looking at, we may see some more pull back.
Chinese stocks have had a nice day also which hopefully should steady the markets. See if this holds for tomorrow if so we may move to test highs by Friday. I don't see the volatility ending for maybe a couple weeks if we are to hold strong. All imo
https://www.stockopedia.com/articles/keep-an-eye-on-the-momentum-at-rolls-royce-holdings-243369/
No problem it's common sense, Warren Buffett didn't make his money by selling every spike and buying back in, same with pretty much the majority of investment funds. They leave it in and ride it out and over the years reinvesting the profit. Compound investment is where you want to be, sit back and relax.
Your previous account was big time, career finishing wrong. Can't you just state your opinion of price action, bring negative news up as it arrives in the press etc etc. Instead of constant multi posting, this is going down, no price action until 2022 why buy now etc etc . We know you think it's going down... noone cares.
I blank your posts out but the problem is when you are so pushy on what you are saying new joiners, and we have had a few who have bought around these levels. You create more needless anxiety for them, they bought in, give your opinion and that's it, done with.. your like a flashing strobe light screaming for attention and to be validated.
If your pressuring new investors and they sell, and they miss the boat they lose money.
My advice to new investors is, don't worry about the day to day price action. It will go down, it will also go up. Its better to stick your money in a good company and leave it over time rather than time the market.
The people who control the price action are smarter, have more information and greater means than you, me and anyone else on here. They will wash your trades out in the long run.
I bought low and I'm just going to sit on It, my profit is not as high as last week but much higher than 2 months ago. In 1 year, blips like this mean nothing. I just buy more, never sell unless something huge happens with company fundamentals... Covid was one of those, trent issues was one of those.
RR has great contracts flooding in, travel opening (think of next years travel) reactors, positive cash flow. What's not to like. Current Inflation causes whole market dips, this is not the fault of RR.