06 066970.KS L&F Co., Ltd. Loading... : Investor Sentiment and Bull/Bear Views

She remains conservative on secondary batteries. EcoPro BM rebounded but is capped below its 20-day line and should swing rather than trend, so holders not at a loss could trim on up candles. L&F is precariously near support.

Lee sees secondary batteries and ESS as the most likely leading sector after semiconductors, with 2027 as the key year. L&F signed a roughly 1 trillion won LFP cathode deal with LG Energy Solution. L&F and POSCO Future M are the only Korean LFP cathode makers. L&F has been producing LFP cathode in the US for Samsung SDI since September, with shipments counting from Q4, and capacity is set to grow to 90-120k tons by 2028. Samsung SDI's Volkswagen and Mercedes contracts start mass production next year, which positions it for a European EV recovery as the EU caps Chinese EVs. LG Energy Solution is expanding orders to 50-80GW and its 4680 cells are going into Tesla vehicles. Near-term risks include an expected L&F operating loss and weak lithium carbonate prices; a lag-driven rebound is possible if prices recover. He thinks averaging down is acceptable for a long-term view, but not for short-term trading.

L&F is still down about 60% from last year's high and could get a bounce from LG Energy Solution's results and a possible bottom. But on valuation it is expensive, a story stock built on far-off earnings. Holding it long term while the trend is broken is a mistake. He suggests trading the bounce and having holders sell into rallies.