As another trading week starts on Monday, it is important for investors to look into stocks that might have recorded notable gains this past week.
One such stock is that of the lithium ion battery recycling technology company American Battery Metals Corporation (OTCMKTS:ABML), which clocked gains of 11% last week. The company announced last week that it managed to acquire and record two water rights that add up to as much as 21.635 acre feet.
This is a major development for the company since it ensures that its pilot plant is going to be supplied with the adequate amount of water. That plant is expected to be the cornerstone of American Battery Metals Corporation’s growth story since the company is planning to recycle as much as 20000 metric ton of lithium ion batteries. The latest acquisition has brought the total water rights owned by the company to 116.635 acre feet. Investors could do well to follow the stock closely this coming week.
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 33.6201 | Sell | ATR14 | 0.2078 | |
| CCI20 | 81.2363 | Buy | Chaikin Money Flow | 0.2186 | Buy |
| MACD | 0.1354 | Buy | Money Flow Index | 60.3082 | Sell |
| ROC | -5.8350 | Sell | RSI | 61.1949 | Buy |
| STOCH (14,3) | 56.5891 | Buy | STOCH RSI | 0.6477 | Neutral |
| UO | 55.3609 | Buy | Williams %R | -43.4109 | Neutral |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 2.0750 | 2.1900 | 2.2650 | 2.3800 | 2.4550 | 2.5700 | 2.6450 |
| Fibonacci | 2.1900 | 2.2626 | 2.3074 | 2.3800 | 2.4526 | 2.4974 | 2.5700 |
 Jumps 11% Last Week: Will The Rally Continue?){kind=link}