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A Good Day for LTUM… With More to Come!
Good
Afternoon Congregation,
This morning
I told you about one of my favorite lithium stock plays at the moment-Lithium
Corporation (LTUM).
In my note, I
explained that "Despite the MACD pointing lower, the MACD [momentum]
histogram is stabilizing and could be poised to reverse soon."
Well, I’m
pleased to report that LTUM has already achieved a modest 12% gain
today…and did so on record-breaking volume. What I liked most about
this trade today was HOW EASY IT WAS. The stock just plowed higher
virtually all day with very little pullbacks.
I like when I
can just get a position early in the session and then cruise on auto-pilot the
rest of the day into the close. And with this much momentum I wouldn’t
even be scared holding overnight.
While it’s
difficult to pinpoint exactly where LTUM will go from here, I’m
certainly pleased with today’s performance. When we rack up easy 10%
plays like this a couple of times a week, I am a very happy camper (remember
this is the SECOND easy 10%+ gainer I brought you this week — and
the week isn’t over).
Keep a close
eye on this one over the next few days, because…
And
since LTUM closed firmly above $1.20 today, I think there’s an excellent
chance for a retest of its recent January high (around $1.40).
Let’s see if
that happens.
Oh, and of
course I’m working another ALERT coming real soon. Look for it
next week, but continue to enjoy the ride with LTUM until then!
So make sure
you’re "cashed-up" and ready to to do your due diligence when we send
it.
It’s
coming soon!
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