PLL Forecast + Trading Strategies


Bullish Case: High implied volatility and ongoing lithium project developments in Quebec and North Carolina could drive prices up. Robust demand from the EV sector supports bullish sentiment~60%.


Bearish Case: Regulatory hurdles and declining lithium prices could hinder PLL's short-term growth. High uncertainty in implied volatility suggests potential for downside~40%.


Potential Outcomes: Mining approval (40%), global EV demand spike (70%), regulatory delays (60%), lithium price drop (30%), North American Lithium site upgrades (~70% probability of minor impact).


Trading Oracle: Sign Up to access trading oracle trade ideas.


July 18, 2024


Piedmont Lithium Forecast

PLL      Piedmont Lithium











Correlated Assets

Assets that tend to move strongly with PLL



VFC Forecast + Options Trading Strategies   VFC  VF (0.79)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.78)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.34)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.78)



Uncorrelated Assets

Assets with little price relationship to PLL



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.34)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.78)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.78)


VFC Forecast + Options Trading Strategies   VFC  VF (0.79)



Anticorrelated Assets

Assets that tend to move strongly against PLL



VFC Forecast + Options Trading Strategies   VFC  VF (0.79)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.78)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.34)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.78)





Become a more profitable investor with AI optimized trading strategies






×

Chat with PLL


 Ask any question about PLL!