There's the technical
LTHM
short-term trade for tomorrow morning:
TSLA
pulling this stock down today offers a buying opportunity; $7.89 is a strong support area, and a stop set somewhere in the $7.80s limits risk to a few pennies, with an upside potential all the way to around $9.30.
But the stock is also driven by TSLA news. If TSLA goes down, or if TSLA's new battery manufacturing plans are seen as encroaching on LTHM's business, this one's going down as well, maybe all the way from its current perch atop the 3-month volume profile value range to as low as the longer-term POC at $6.
TSLA
pulling this stock down today offers a buying opportunity; $7.89 is a strong support area, and a stop set somewhere in the $7.80s limits risk to a few pennies, with an upside potential all the way to around $9.30. But the stock is also driven by TSLA news. If TSLA goes down, or if TSLA's new battery manufacturing plans are seen as encroaching on LTHM's business, this one's going down as well, maybe all the way from its current perch atop the 3-month volume profile value range to as low as the longer-term POC at $6.