We are looking for the ACDC ETF to follow through on its recent breakout towards its 2025 high, with the local lithium stocks looking capable of squeezing significantly higher.
- I believe the risk/reward towards the ACDC ETF looks good, targeting a rally towards its 2023 high, around 15% higher.
Trade Idea: Buy the Global X Battery Tech & Lithium ETF (ACDC) at $91.25 with stops at $88.60 – 3% risk.
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Global X Battery Tech & Lithium ETF (ACDC)
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Global X Battery Tech & Lithium ETF (ACDC)
