LAC (Lithium Americas Corp) – Bottom Reversal with Higher Low FoLithium Americas Corp.BATS:LACvf_investmentThe LAC stock chart suggests a confirmed bottom structure, supported by a clear higher low pattern—a strong technical signal that downward momentum has likely ended and a trend reversal may be underway. After an extended downtrend, the price has formed a rounded bottom with two notable troughs, indicating accumulation and base building. The most recent low is higher than the previous one, marking a bullish higher low, which strengthens the case for a trend reversal. Key Technical Signals: Confirmed bottom: Rounded bottom pattern over the past several months. Higher low: Recent price action has respected prior support and pushed higher, a bullish sign of strength. Breakout zone: Price is currently challenging resistance in the ~$2.80–$3.00 range. A sustained move above this area would confirm bullish breakout momentum. Upside targets: First target: ~$4.49 (prior support turned resistance) Second target: ~$5.19 (key historical resistance zone) Trade Setup: Entry: Current breakout attempt (~$2.85) Stop-loss: Below recent higher low (~$2.43) Risk-reward ratio: Favorable, targeting ~60–80% potential upside with limited downside risk. Summary: LAC is showing signs of a long-term trend reversal, with a confirmed bottom and bullish higher low. If momentum continues, a breakout rally toward previous resistance levels is likely. Traders may consider this a medium-term opportunity, with a solid technical foundation and clear upside targets.