Unfortunately LAC SP is caught in overall Market conditions. Investors realize that we are heading into recession in 2023, at least first 6 month will be brutal.

 LAC is not the only company with suffering SP. Amazon is down 50% for the year, Tesla is down approximately 60%, LAC is down 35%, ALB is down 20%. Keep in mind that ALB is a producing major company while LAC is still a junior. Investors pulling out for at least 6 months looking into dividend-paying stocks and  recession proof ones.

 I anticipate that second half of 2023 will be much better for LAC stock. Green revolution is delayed with upcoming recession, people will be getting layoff and the majority will not buy expensive EV. But I see it all changes by end of 2023. Ukraine war will be over and World will come out from recession. 

 In meantime SP broke very strong $19.50 support ($20) and that is not good for a chart.  Hopefully SP can break through $20 which become resistance now.