Good morning, everyone!

Let’s dive into a trade that’s got my attention today—LITM (Lithium). It’s been one of those stocks that sneaks up on you, and if you weren’t watching closely, you might have missed a killer opportunity. To Subscribe: https://go.trade-ideas.com/SHQ
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Here’s the backstory: a few days ago, LITM announced they’d raised a significant amount of capital. At the time, the market shrugged it off. But today? It’s like the market finally woke up, and boy, did we see some action.

The first alert came in at $1.17. Right after that, LITM started climbing fast, and before it even thought about pulling back, it hit a high of $1.88. That’s a huge percentage move in a short amount of time—exactly the kind of setup that gets me excited.

Now, here’s where it gets interesting: as I’m writing this, LITM is still holding up nicely, sitting at a 29% gain for the day. The big question is whether it can hold the VWAP (the red line on my chart). If VWAP acts as support, we might see another push higher later in the session.

This trade is a textbook example of why you’ve got to stay sharp and react to what the market gives you. News doesn’t always move a stock right away, but when it does, the momentum can be explosive.

I’m keeping a close eye on this one for a potential second leg up. But for now, I need to jump back into the trading room and see what else the market has in store for us today.

Enjoy your weekend, and I’ll see you all on Monday!