Tag: Stellantis CEO Carlos Tavares
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Lithium Stocks Racing Higher on Supply Concerns
Lithium stocks are gaining momentum, as hoped. For one, as we said on August 27, “Lithium stocks were decimated over the last few weeks. But the pullback is overdone.” Two, the supply-demand issue is only expected to get worse. According to CNBC, “The world could face a shortage for lithium as demand for the metal…
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Top Reasons to Invest in Oversold Lithium Stocks
Lithium stocks are now ridiculously oversold. And most are starting to bounce back. All thanks to increased demand for electric vehicles, and the same supply-demand issue the world has been facing for quite some time. Automakers are so concerned about supply for EV batteries, they’re racing to secure supply. For instance, Albemarle will deliver more than 100,000…
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Use Weakness in Lithium Stocks as a Buy Opportunity
Pay close attention to oversold lithium stocks, like Albemarle (ALB). After dropping from about $240 to $209.13, the ALB stock appears to have caught strong support and could pivot higher again shortly. It’s also oversold on RSI, MACD, and Williams’ %R, and could potentially run back to $240 on the strength of the lithium story.…
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This is Why Lithium’s 800 lb. Gorilla is Heading Higher
Albemarle (ALB) – the lithium sector’s 800 lb. gorilla – could see higher highs. For one, as we noted on May 22, “After a brief pullback, the supply-demand issue is forcing lithium prices higher again. Even analysts at Citigroup just said the collapse in lithium price is likely to be over, and prices could rebound…