Stock Watchlist, 03/22/22

Lithium stocks are waking up, as there is a correlation between electric vehicle stocks and these names. I want more confirmation before I enter these type of trades but I am watching for now.

American Lithium $LI

Note - This is a lithium/uranium play, they have a significant uranium deposit in Peru. Lithium stocks seem to do good when electric vehicle stocks are performing which makes sense. This one is breaking out of a base, I would want to see more volume come in before I took a position though.

Suncoke Energy $SXC

Note - Cokemaking and logistics company, they broke out strongly a few weeks ago, there has been alot of volatility in this one. The pullback presented another entry opportunity, it’s one I am monitoring for now, would’ve liked to have seen more volume from buyers this week so far.

Lithium Americas $LAC

Note - One of the more notable lithium stocks, breaking out it’s base convincingly. I am watching not positioning here. A part of me doesn’t think the bounce in these growth stocks is going to hold, and therefore I’m not sure how lithium will do. Its worth monitoring though.