On August 6th, 2023, we published this article in the public domain One Lithium Stock To Buy In August Of 2023. In our premium service Momentum Investing, we shared lots of details, on that same day, not just about the hidden gem lithium stock that we suggested to buy, but also about the new trend in the lithium market that it was introducing. Today, one month later, the same hidden gem lithium stock is up +80% from when we recommended it. More importantly, for those that missed this to enter a position in this lithium stock, this explosive price action has a message: a new trend in lithium investing is here, and it will grow big!
As a reminder, the chart we published on August 6th, 2023, is this one (we left out the symbol to respect our premium members):
Today, this lithium stock looks like this:
Admittedly, this has turned into the most powerful bullish reversal that we have seen in a long time. It qualifies among the top 3 strongest bullish reversals of 2023, of the stocks & tokens we are tracking.
In our alert, sent to premium members yesterday, we offered 4 options on how to handle this position now that it is completing a test to its ATH, a rise of 80% since our entry recommendation. The 4 options (short version):
- Take profits, enjoy 80%.
- Partially exit, sell the principal, keep the rest of the shares for free (we call it ‘free shares’ for the long term.
- Partially exit, buy back at a lower price to accumulate a higher number of shares.
- Hold, because the reversal is a monster!
That said, what we believe is an even more important message, is that this hidden gem lithium stock is introducing a new trend in the lithium space, one that is likely going to grow big.
The good news: we have a shortlist of 5 lithium stocks that play in the same space, which we track for our premium members. We will flash a buy signal whenever it comes up in the other 5 stocks playing in the same niche (for now niche, but in a year or two this trend will be big).
Follow our Momentum Investing alerts to receive a buy alert as soon as it appears on the charts of the other 5 lithium stocks similar to hidden gem we talked about in this current article. For those that want to track these 5 lithium stocks themselves, you can sign up and get instant access to this report in which we featured those 5 stocks: Alternative Energy: Top Stocks Selection >>