Lithium stock price reached $18.90 after two consecutive bullish sessions. Technical indicators point to overbought territory, with traders watching for potential pullback before the next leg higher. The Trump administration sees this as a "massive opportunity" for the U.S. to "reduce reliance on China and other foreign adversaries for lithium, which remains a critical element in the U.S. supply chain across various key verticals including defense, autos, energy, and electronics," the analyst wrote. This is a "game changer deal" for Lithium Americas and represents "an incremental positive" for the company, he further stated. Wedbush analyst Dan Ives has already dubbed it a “massive opportunity” for the U.S. to strengthen its domestic supply chain. Lithium stock price slipped to $17.50 in early trading as the US dollar strengthened. However, analysts expect renewed buying interest ahead of next week’s global battery conference announcements.