I think that these two stock will trade in opposite directions to each other, so I am tracking the ratio between the two stocks, and it looks like General Motors has just about hit the limit to the amount of ChargePoint shares it will be able to buy, and so I expect a decline in GM price and a Rise in ChargePoint's price from here.
The technical figure Channel Down can be found in the daily chart in the French company Legrand (LR.pa). Legrand is a French industrial group.
Legrand is established in 90 countries and its products are distributed in nearly 180. It generates 85% of its sales internationally. The group has expanded its product range in sustainable development and energy saving...
Blink Charging is trading within a Falling Wedge and is at the PCZ of a Bullish Deep Gartley and a POC with 4 Levels of MACD Bullish Divergence. If it breaks out, I think it will see the top of the trading range, but I do think it could even see $150 if the $64 Resistance is broken.
Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a...
Same idea as LCID, Look in the left how the last bear flag played out, and again we are seeing the same pattern.
The only difference is that it seems that price broke below the bottom of the channel.
Could see 8.60
BLNK has been trading in this range since April. It looks like it wants to come down and test the green trend line, but since earnings are after hours, it could end up running throughout the day. Ultimately, I think it will move down $3-$4 for earnings, unless it closes down a large amount beforehand. Total revenue is going up but operating income is getting worse...
Wouldn't mind picking up some shares here for the long term hold. CHPT is deciding where to go and recently fell due to the secondary offering which closed yesterday, but CHPT and EVs are the future... especially when you have a US President like Biden who is pushing spending for building infrastructure and when climate change is really starting to take a toll...
EVBox remains the top charging network in Europe.
EVBox has the approximately the same revenue in 2020 along with equal 2021 revenue projections to that of $CHPT ChargePoint (Trading at $35+)
On initial announcement of the reverse merger, $TPGY EVBox exploded to $30+.
Being received as a favorite from major Media Analysts from Jim Cramer and many others...
took a litte longer.. but the formation looks good and if this week the US Yields stay lover or fall .. good for the stock market... so RSI is low, MACD is turning around... mid of the year could reach the goal of 29.50
took a litte longer.. but the formation looks good and if this week the US Yields stay lover or fall .. good for the stock market... so RSI is low, MACD is turning around... mid of the year could reach the goal of 80
SBE on watch, sitting at the bottom of a channel with lots of upside room to run, under 33.90 could be trouble short term.
important things to keep in mind
1. possible democratic senate
2. push to clean energy with Biden
3. merger with charge point