Making the EV story successful is aluminium, both used in the manufacturing of electric vehicles and also in creating the necessary charging infrastructure.
A higher performance metal, the push for EVs is adding importance to the role that this light and sturdy metal will play.
But LBAlum (9326), the company that manufactured aluminium did not go up and up. It is running in cyclical.
The chart showed that bankers were in on Aug 6 2021 at 0.505 and exit on Sep 13, 2021 at 0.665, rise 16 cents. The cycle last for 38 days. If you were to buy 10,000 units, you will be able to make a profit of 1600, with ROI of 31.68%
When is the next cycle begin?
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Bankers were in on Aug 6 2021 at 0.505 and exit on Sep 13, 2021 at 0.665,
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