Weekly Watchlist - May.10, 2025
I continued to notice pockets of strength throughout commodity markets, I believe there is some interesting opportunities out there.
Weekly Chart - Group Eleven Resources - Breakout - Market Cap $53 Million
That’s a textbook breakout, huge volume pouring in and the stock clearing resistance. These are very bullish signals, that can often lead to big winners. It appears the market is reacting to some very nice drill results released on May.08
Weekly Chart - Source Energy Services - Breakout - Market Cap $140 Million '
Love to see these Energy stocks making moves, the company had some great earnings that were a bit of a surprise to some analysts expectations. Nice volume coming into the stock. Source Energy specializes in the production, supply and distribution of Frac Sand and other well completion materials. Revenues in Q1 were 208 million, that’s up almost 40 million from the same time last year.
Weekly Chart - Standard Lithium - Breakout Candidate - Market Cap $312 Million
Lithium stocks have quietly been moving upward, and Standard looks on the verge of a breakout. The company has several Lithium projects that are in development, the company has a DFS (definitive feasibility study) completed on it Phase 1A Project and a PFS (preliminary feasibility study) done on it’s Southwest Arkansas Project. The economics look very interesting and I would say the company presents good value at this level.
Disclaimer
The views and opinions expressed on this website are for educational and informational purposes only, and should not be considered as investment advice. The author may hold positions in stocks mentioned on this website. The author of this website is not a licensed stockbroker or financial advisor. Nothing contained herein should be construed as a recommendation to buy, hold or sell any securities or financial products. Always seek the advice of a financial advisor and do your own independent research prior to making any trade or investment decisions.
We do not guarantee the accuracy or completeness of any information on this website. Such information is provided “as is” without warranty or condition of any kind, either express or implied. Past performance may not be indicative of future results. This website could include inaccuracies or typographical errors.
We are not liable or responsible for any damages incurred whatsoever from actions taken from information provided on this website, including financial losses. Since all readers who access any information on this website are doing so voluntarily, and of their own accord, any outcome of such access is understood to be their sole responsibility. In no event shall we be liable to any person for any decision made or action taken in reliance upon the information provided herein.