Today's Breakout Idea
(LITH) - New Lithium Idea
This Profile Shows
Explosive Upside Potential
Low Float (3.5Mn
If you're in the know, you've probably heard at least a little bit
lithiumin the last few
This light metal has become the
battery capacity in everything from electric vehicles (EVs) to
With a unique property acquired in Clayton Valley, Nevada, I've
discovered a small up-and-comer that may be one of the
most efficient and least
expensivelithium extraction projects around.
Here's the really cool
part...The markets don't appear to be paying attention to this
Lithium has been an important component of battery electrolytes and
electrodes since the late 20th century,
ue to its
People began experimenting with lithium batteries way back in 1912,
but it wasn’t until the 1980's that
the first lithium-ion
prototype was made– a rechargeable, more stable version of
First commercialized in 1991 with little fanfare, the market for
these lithium rechargeable batteries quickly grew into a
In 2007, driven by the heavy-duty power tool market, batteries
became the major market for lithium for the first-time, accounting
Global sales of these rechargeable batteries were estimated at USD
That leads us to now and
Datasharing, "The lithium ion battery market is forecasted to
grow from USD $36.2Bn in 2018 to USD
$109.72Bnby 2026, at a
Consumer applications including cameras, smartphones, computer
tablets, and laptops accounted for the previous
lion's shareof the
global lithium-ion battery market revenues.
Today, and in the near future,
growth are almost a sure thing according to analysts.
In 2017, there were sales around 2Mn vehicles. That number could
rise to an estimated
50Mnper year by
This may create a
“Electric vehicles are the
driver. That’s where the disruption is coming from, and that’s
where you will see raw material demand coming from.”
Due to all this info and even more reasons (technicals/chart
below), I want to bring your attention for today, October 23rd:
--> U.S. Lithium Corp.
This approximate $.35 stock may not continue trading at current
levels for much longer as the demand for lithium
The History Of Electric
In September 2018, the number of electric vehicles sold throughout
the world passed
4Mn— and it looks to be
increasing at an
exponential rate, say
Bloomberg New Energy
This is a drop in the bucket compared to recent worldwide car sales
88Mncars and light
Though, things could change
2019 marks the start of an expected
EV ramp-upfor the
world’s biggest carmakers.
For example, Volkswagen Group — which owns Audi, Bentley, Bugatti,
Lamborghini, Porsche, SEAT, Škoda and Volkswagen — says it plans to
spend more than $68.5Bn in the coming five years on EVs, autonomous
driving, new mobility services and digitalization.
Volkswagen sees an EV future as inevitable and wants to “speed up
the pace of innovation” from a position of strength and wants to
produce one million electric cars per year globally from 2025.
Volkswagen is only one of the biggest carmaker's worldwide. It
would be safe to figure that many others will be following
Company Info: U.S. Lithium
U.S. Lithium Corporation is an exploration and development company
focused in North America on lithium and related resources for the
rapidly growing energy storage industry.
The Company looks to capitalize on opp's within the lithium sector
including providing lithium to the ever expanding next generation
Lithium demand is projected to triple by the year 2025 according to
a recent report by Goldman Sachs and for many analysts is
considered the new gasoline of the future.
As the demand for lithium expands, U.S. Lithium Corp intends to be
an integral part of this next booming industry.
Their current focus is in the Basin and Range province of Nevada
where the only producing lithium brine mine in North America,
Albemarle’s Silver Peak Project, is located.
Elon, their first project, is located in Clayton Valley and is in
close proximity to Silver Peak and several other active explorers
Bullish Chart + Technicals
Could Lead LITH To Soar
Right now, LITH appears to be fairly undervalued with tons of
According to LITH's chart, current trading levels are above three
important points of support:
50-Day Simple Moving
200-Day Simple Moving
13-Day Exponential Moving
Why is this important? Due to these being strong levels of
potential support, traders may find
could be ready to make a move up the charts.
If that happens, it could happen quickly as (according to Yahoo
Finance), LITH has very few shares in its float (
As we know with several of our recent alerts that had very few
shares in their floats, volatility can be in the cards for LITH
With volatility comes the potential for
Since LITH is posting a 52-week high of $.84, from current trading
levels (approx. $.34688 a share at writing 10/22), this new profile
could be looking at upside potential in the range of
Are you focused on how big
this idea could be???