Company Overview: ​ Lithium Americas Corp. (TSX: LAC) is advancing a portfolio of three lithium development assets, comprising two brine-based resources located in northwestern Argentina and a clay-based resource in Nevada, U.S. While the company does not currently have lithium production, the first Argentine project, Cauchari-Olaroz, is expected to enter production in late 2022. Ballard Power Systems Inc. (TSX: BLDP) is a global leader in proton exchange membrane (PEM) fuel cell technology, focused on the design, development, manufacturing, sale, and servicing of advanced fuel cell systems for a range of clean energy applications. This Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.

Canada Market Round-Up

The S&P/TSX Composite Index (TSX: ^TSX) closed the week on a negative note, declining 0.36% to finish at 31,883.37. Despite the weekly loss, momentum improved notably on January 05, 2026, when the index advanced 336.58 points, or 1.06%, reflecting a resurgence in buying interest. Sector performance was mixed. Basic materials, technology, healthcare, real estate, financials, and industrials outperformed, while utilities, energy, consumer non-cyclicals, and consumer cyclicals underperformed, limiting broader market gains. From a technical perspective, the index maintains a constructive bias, holding firmly above its rising trendline support and the 21-period Simple Moving Average (SMA), both of which continue to validate the prevailing uptrend. Immediate resistance is positioned near 32,800, and a decisive breakout above this level could open the door for further upside continuation. On the downside, initial support is seen around 31,600; a sustained move below this zone may trigger a deeper short-term pullback. The weekly Relative Strength Index (RSI) stands at 78.10, indicating strong and persistent buying momentum, though it also suggests the market is approaching overbought territory, warranting some near-term caution.

On the macro front, the upcoming major economic events that may impact the Canadian market sentiment include CA Employment Change, US Non-Farm Employment Change and US Unemployment Claims.

Past performance is not a reliable indicator of future performance.