Rivian Automotive (RIVN) is (for the time being) on a green 1D candle, the first after 5 straight bearish days. Its 1D RSI has rebounded from its massively oversold levels, the same levels that previously caused price increases of roughly +42% and +69% (Jan 27 and March 14). The rebound on the first sequence hit the 0.5 Fibonacci retracement level while the second...
We have Bearish Divergence up here on both the RSI and MACD and if TSLA falls off a cliff we will see this thing come tanking down. I will be using this ETF as a cheaper alternative to get Monthly puts exposure on TSLA.
Brembo is an leader Italian manufacturer of automotive brake systems, especially for high-performance cars and motorcycles. Its head office is in Curno, Bergamo, Italy. The company has excellent fundamentals and recently opened the first dedicated digitization branch in Silicon Valley.
BULLISH HEAD AND SHOULDERS
Excellent possibility of upward entry in the medium...
My Analysis on Gabriel India.Its a automotive component maker.
Presently at around its supply zone and ready to take off.
This stock can be held for long term.
1st Target- 130/150/200
time frame - 2 years\
SL- 82
disclaimer- i hold this in my wife's portfolio.
We are looking more deeply into Tesla's technical potential after its very aggressive (and continuous) rise since October. We were among the first to enter this rise early at 205.50 posting that trade back in May 2019:
Needless to say we didn't expect it to rise that strongly on such a short period of time. This is a parabolic move on the 1W chart which...
We've been bullish on TSLA since May 21st and the 180 bottom right when most were calling on a death spiral. As you see on the chart below both 360 and 380 Targets have been hit, making us over +100% return on the stock in a few months:
Right now however we are getting some medium term sell signals on the 1W chart that makes us call for caution. First of all...
