GoldCartel

Is CANOO the next big thing ?

Long
NASDAQ:GOEV   CANOO INC
Hyundai motor was in early-stage talks with Apple about potentially working together to develop an electric car. - Report CNBC

So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in 2022, with scaled production and launch planned for 2023.

If all goes well, I reckon CANOO will keep climbing to beyond $50.

Catalyst/Source:
- https://www.theverge.com/2021/1/12/22225...
- https://www.cnbc.com/2021/01/08/hyundai-...
- https://www.hyundainews.com/en-us/releas...
- Joe Biden signs executive orders to cut US oil , gas, and coal emissions
Comment: Chart Update

I'm not a salesman who sells a "Master class trading strategy." I'm a full-time trader, and I trade to pay my bills.

I provide daily detailed analysis and trading setup.
More info: https://t.me/goldcartel

Comments

I'd like to hear your opinion, around the latest events.I noticed that you missed the canoo on telegram on this week. Some things sound scary to me, but Im still bullish.
Reply
Is it a good time to buy?
Reply
What do you think about news about partnership with Hyundai?
Reply
Have to wait a bit . Still descending up to $12 point mark.
Reply
GoldCartel Traderwell
@Traderwell, I agree, 10 is a potential good price
Reply
Sal79 GoldCartel
@GoldCartel, Missed my entry at 10. Two scenarios for this week it will fly or it will make another trip to 10.
Reply
@Sal79, Yes, most likely will retest 9-12 zone, we'll see.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out