Lithium stock price is currently hovering at $17

Lithium stock price is currently hovering at $17.92, after a week of mixed trading. Macro data relating to global EV sales is expected to fuel the next price movement, with traders watching the $18 psychological level closely. Following today’s rally, Lithium Americas stock is up more than 200% versus its year-to-date low. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Lithium stock price saw intraday highs of $18.95 as speculative buying dominated the market, driven by rumors of a supply chain partnership with a leading Japanese battery maker.