TSLA I made an argument earlier this week that since the last 'golden cross' in late March, TSLA stock price always bounced off of the 200 MA level in an hourly time frame. "When is the next bounce?", I asked. I believe we are at that point now. The question now is that if the current market condition will allow for this structure to sustain. Let's hope the...
Just an FYI for NIO shareholders. I thought you would be very interested in this video. I also think this vehicle is a Tesla killer. I think China will eventually shut out Tesla & NIO will take over the Chinese Electric Vehicle Market. www.youtube.com Again, after watching stocks like SOLO, SPCE, WKHS, SHLL, SPAQ, NKLA, NFYEF & AYRO trade at crazy multiples...
Don't shoot the messenger! I have a timeline of Tesla below which should put a price target on NIO North of $400 to $500 a share. www.thestreet.com As we stand today, NIO is much more successful than Tesla ever was and at this time, or there a bouts, compared to Tesla at or around the same time period in production & sales, Tesla was trading north of $360 a...
Garrett Motion Inc. designs, manufactures, and sells turbocharger and electric boosting technologies for light and commercial vehicle original equipment manufacturers and the aftermarket worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers. Its integrated vehicle health management tools detect intermittent faults...
What an insane rally of Tesla over the last months. Many investors which were short got crazily burned. Their portfolio might have massive losses. Did they underestimated this company or do they still see Tesla as a normal Automobile Company? What we know: The company makes massive of revenues but generates at the moment only a couple of millions in profit....
Hi Longs... If you did not see this, here it is. Rumor is, NIO has secured an additional $1.4 Billion in funding from 6 Chinese Banks. See link below China "WILL NOT" let NIO fail! cntechpost.com Also, I think today was a major breakout. Why? On September 4, 2018, NIO hit an all time high of $13.80 and today, the stock closed well above that price. With...
Just an FYI for all the NIO longs...! Get ready, with almost 150 million shares short, NIO could blast off like a rocket ship soon! Investors want to be in this stock before the news hits! Nio’s first electric sedan (Tesla Model S challenger?) to be launched this year April 25, 2020 4:28 pm by Bala Natarajan electricvehicleweb.in I am hearing the sedan launch...
2020 is the year of speculation and as a sensible investor, I've sat out almost all of it but have also missed a tremendous upside in many companies. Not using indicators on this one. Just using robinhooder confidence, youtube algorithm and EV rush as my indicators. Completely against my investment but this is a YOLO trade. Entry: $27.42 TP1 : $34.5 SL : $24.4
a bunch of momentum in this stock not to mention the momentum in it's specific EV sector with $TSLA showing historic gains and $NIO joining the party. The companies with product out now are getting rewarded as Nikola has seen a bigly reversal. Don't see much downside but always need to be aware and focused when watching your investments. Complacency is the easiest...
More than 1 year ago we gave a buy recommendation on Tesla when the price was trading at $205 after a a sharp fall: Last January we upgraded our final Target for this cycle to $1,270: Despite the drawback due to the coronovirus lock-down, Tesla reached our long-term target and we've already closed all positions on that stock. We recommend long-term...
Electrameccanica Vehicles Corp., a development-stage company, plans, develops, manufactures, and sells electric vehicles under the SOLO name. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. It also has two other electric vehicle candidates under the design development stage, including Super SOLO and Tofino. It also develops and...
I am not going to actually trade this one, because Tesla is a monster and you don't short monsters no matter how good the reasons are. But I want this idea here for posterity so that I can kick myself later when it turns out to be right. Tesla is sitting right underneath an extremely psychologically significant resistance level at $1000 per share. It's one of...
NIO Limited designs, manufactures, and sells electric vehicles in the People's Republic of China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers five, six, and seven-seater electric SUVs. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities;...
This is a follow-up to my previous posts. Today, Nikola announced the joint venture with CNH Industrial that I have been talking about for several weeks. Why this stock is not moving way up on all the great news is beyond my understanding. The IVECO unit of CNH Industrial has been building big rigs for decades, and will jointly start building the Tre in...
GALAXY RESOURCES (ASX:GXY) Has been locked in a fierce downtrend since Dec 2017 but has just broken out!! Targets As Below. 1. Break of long term downtrend and Volume returning to the market will see GXY build new Market Structure and Create Uptrend Potential. -Break 29 month Downtrend -Buying volume returning to the market -MACD spreading on Weekly and holding...
The SOLO IR news, imo didn't have much to do with this. There's already a following and unless they were looking for true institutional investors, the retail momo is definitely alive and well. They just raised $20 mil so is there dilution risk? maybe. But after the drop did the market price in some things? Good question. I think the EV juices are flowing thanks...
Folks, this news is listed under Worthington Industries (WOR) trading at $35.24 with a small market cap of only $1.96 Billion "KeyBanc Believes Recent Nikola Motors IPO Creates Added Source Of Potential Liquidity Value For Worthington Industries, Says 'While WOR has limited materials content/ties to Nikola itself, the Company owns 19M shares of the...
With only $8B valuation at current levels and the EV car market rising, this is the stock with funny potential.