Electra Battery Materials Corp V.ELBM

Bullish

[Marshall]

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.21 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 152.21% during the next 3 months and, with a 90% probability hold a price between $0.54 and $0.93 at the end of this 3-month period.

[greenstar1]

Thanks for the technical analysis Marshall, especially since it is positive and because I am just an amateur at it. The underlying strong, long term fundamentals keep me long on FCC. Cheers

[Rockafellow]

A bit high in ur guessamits don't u think...

[WernerD]

Rockafellow@Certainly not. If you are interested in the previous activities of institutional investors such as those represented by Eight Capital and others. They have been buying since 2017 at the latest (at that time approx. 26 Mio shares at an average price of approx CAD 1,17) and around 27 Mio shares for CAD 0,31. This results at the moment in an average share price of approx. CAD 0,72 Why do

[WernerD]

The aforementioned 27 Mio shares for CAD 0,31 were purchased in 2021 as you surely know. The acitivities mentioned are only examples of institutional purchases.

[AaronEggs]

Lol who comes up with this junk, penny stocks move on news or earnings, if we don't get consistent new news it drifts lower

[17Digger]

Thank you for the insight Aaron - I guess we are in luck with the next 2 or 3 years of inevitable good news baked into thecobalt cake, xxxxx