Amplify Lithium & Battery Technology ETF (BATT) - 3rd November 2023 | @ 77 Days | + 11.48%
Last trade: + 11.48% | 'B' class signal detected: Amplify Lithium & Battery Technology ETF (BATT). Average wavelength of 77 days over 13 iterations since April 2021. Currently troughing
Amplify Lithium & Battery Technology ETF (BATT) is an exchange-traded fund focused on investing in companies engaged in lithium mining and battery technology. Its key holdings include Tesla, Samsung and Albemarle. BATT aims to capitalize on the rising demand for lithium-ion batteries, primarily used in electric vehicles and renewable energy storage solutions.
ΣL Cycle Summary
This superb periodic component is due a trough imminently in this lithium tracking ETF. Running at around 77 days over 13 iterations since April 2021 it has punctuated the steady underlying downtrend with easily discernible price waves. The high-passed price chart below (showing all price movement <= component wavelength) demonstrates the very stationary nature of this wave.
Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous post for this instrument, linked below.
Type: Sell - BATT 25th September 2023
Entry: 25th September 2023 @ 11.67
Exit: 2nd November 2023 @ 10.33
Current Signal Status
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