Based on the 15-minute chart of B's stock price, the KDJ indicator has recently experienced a Golden Cross, accompanied by a Bullish Marubozu pattern at 09:45 on September 26th. This suggests that the momentum of the stock price is shifting towards the upside, indicating a potential for further growth. As buyers continue to assert control over the market, it is likely that the bullish momentum will persist.
Lithium Americas Corp (LAC) shares surged over 90% by noon on Wednesday, driven by a combination of government actions, General Motors Co (GM) commitments, and retail investor enthusiasm. The rally has triggered a Golden Cross, a bullish indicator signaling positive momentum ahead
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
The catalyst for the surge was a report that the Trump administration is seeking up to a 10% equity stake in LAC's Thacker Pass lithium project as part of a DOE loan renegotiation
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1]. Bloomberg first reported the DOE's reevaluation of LAC's $2.3 billion loan, citing concerns over cheaper Chinese lithium. Reuters subsequently revealed the administration's intent to secure equity and require GM, the sole Phase 1 offtaker, to relinquish some control over the project
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
JPMorgan analyst Bill Peterson noted that GM's buy-in offers support for Thacker Pass' continued development but cautioned that the details of any revised loan or offtake agreements remain unclear
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1]. LAC's move to offer no-cost warrants for 5-10% of its shares could dilute shareholders if exercised, adding another layer of uncertainty
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
On the charts, LAC triggered a Golden Cross with its 50- and 200-day simple moving averages (SMAs) underpinning the bullish case. The MACD (moving average convergence/divergence) is at 0.31, while the RSI (relative strength index) has risen to an overbought level of 86.5. The 20-day SMA supports the short-term bullish momentum, although slight selling pressure is present
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
Analysts suggest the post-market surge is likely amplified by low liquidity and a short interest around 12% of the float, creating a classic short-squeeze environment
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
The Lithium Americas saga highlights a broader trend: the U.S. government appears increasingly willing to take direct equity stakes in companies vital to domestic supply chains, particularly where China dominates. Peterson sees this as a potential template for other DOE-backed firms like Plug Power Inc (PLUG) or EVgo Inc (EVGO), though strategic importance will likely dictate which companies are next
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
Lithium Americas' moonshot underscores the collision of policy, retail momentum, and technical bullishness. While the stock's surge may seem extreme, the story reflects a new era in which Washington is becoming an active equity investor in critical materials
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
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