ninjethix

IBAT 300% Short term potential

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ninjethix 已更新   
CSE:IBAT   INTERNATIONAL BATTERY METALS LTD.
My friend asked me to chart this out, so i made some simple targets on the 4th of March. We just hit the first target and saw some selling, as seen in the current wick.

With the direction the world is headed, IBAT is just getting started. Currently the only green Lithium solution in the world, you can use your imagination to figure out where this is headed. If you don't get it right off the ibat (chuckle) let me elaborate... The Electric vehicle and "green energy" movement, isn't actually green until the main proponent - Lithium - is sourced in an environmentally friendly way, Which is exactly the technology IBAT brought to the table.

Ya, its a really big deal.

Short term (couple weeks to a couple months) I see this hitting $21 to potentially $30+ dollars a share. Enjoy this hidden treasure. Not many talking about it now but they will be.
评论:
lowered my second target to be more consistent with the current pattern of these breakouts. expecting price to close to double in the next few days before some consolidation. you can see the similarities in these moves where the price doubles everytime it breaks past previous high. Bullish open for the week and it seems momentum will continue. If it blows past my second target i would be prepared for a bit larger retracement and extended consolidation, though it seems things are moving faster and faster, so maybe not.
评论:
failed to break out, retested previous high, found support. looks like we are coiling up for another attempt. timeline pushed back on my targets maybe by a few weeks, maybe not.
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