In this issue of Equity Leaders Weekly, we take our monthly look at what the Sector Scopes are telling us about the market and at key levels for the transportation sector heading into a key week for earnings from the group.
Accumulation in Lithium Americas (LAC.TO) shares has accelerated dramatically this week. In the last two days, the shares have launched up, snapping a downtrend line, causing a bearish descending triangle pattern to fail, and breaking out to a new all-time high, all on a spike in volume. Combining these indicators signal the start of a new advance.
Receive a daily newsletter with stock highlights, ETF rankings, weekly market focus and others.
