After the double bottom a few months ago, nothing major has happened on NIO chart that I can see. With increasing competition, IDK how the company will fair if it can't increase deliveries. "Over the course of the year, the penny stock has been in a free fall. In fact, it has lost as much as 80% in value so far. According to analysts, the economic slowdown in...
Potential support for NIO at 2.50. I will update NIO welcome to follow the big potential Don't try to cath a falling knife. No forcast, nor exitement as it still on a pretty steep slope down...
By end of trading tomorrow, Tesla will break out in either the upward or downward direction. For a long play, shoot for about 225 entry point in the first hour or 225.65 in the second hour and set a pretty tight stop loss.
Confirmation: pending (variable) Invalidation: $189.02 Type of Trade: Countercyclical (EMA50 below EMA200) Target: 360.59 TF: 4HR Leverage: 1x Pattern: 1) falling wedge reversal breakdown with 2) weekly flag breakdown on 3) major support line. PS. Below $189 the chart will turn terribly bearish, so be cautious longing from this support region. I'd say the...
The price for NIO could likely face resistance at the $5.00 price level, or even if it could go higher than this, it would likely face some strong resistance at the $5.90 area. The price has been moving in a downtrend, forming a series of bear flag patterns along the way. One the higher timeframes, the price broke out of a major range to the downside. This should...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Safe Investors can enter Yuken India For Safe Mentioned Targets around 750-950 considering the stop loss around 350-420 in mind. A Bullish Bat Pattern is seen. The Stock can reach said targets in between July-November 2019 This study is purely for investment Purpose. Other backings of this bullishness : Strong Promoters, Bright Future For Hydraulics, Top...
NASDAQ:NCTY NASDAQ:TSLA The Chinese internet company The9 Limited (Ticker NCTY) (“The9”) made an announcement yesterday on its signing of a joint venture agreement with Faraday Future (“FF”), betting on the USD200 billion EV market. According to PR Newswire, The9 will be a 50% partner in the joint venture with control over business operations. FF will...
In the final week of January, NIO (NIO) announced the offering of $650 million convertible five-year bond to raise funds and utilize the funds “to pay the costs of the capped call transactions.” The bond offering closed on February 4. Tencent Holdings (TCEHY) purchased $30 million worth of its proposed offering, while Hillhouse Capital Management purchased $5...
This is a special MRM - Momentum Reversal Method Strategy, its just the beginning!
I already have a position in NIO but I will be watching for a breakout to the upside of this triangle to possibly add to my position.
Largest US Uranium and Vanadium mining stock Energy Fuels. UUUU Starts production of V2O5 (vanadium pentoxide) for high strength steel (infrastructure/rebar, military, aircraft engines, thin gauge steel automotive) for first month at 200-225K lb./ mo. Sorry no futures symbol for V, but UR1! is uranium. both are in tight global demand with 20% CAGR driving...
HG HG1! Copper has been bottoming for quite some time. Economic trends are plumbing/housing, electronics, and EV vehicles, so let's step back and review. * Oversupply for quite some time. * Copper prices are historically peak in December. * Housing/construction build rates for SF/MF/5+units is steady Yr/Yr for 5-yr and slight growth if any. * ...
CBBWF Cobalt and Silver prospector and formerly Global Copper Group...Cobalt sexier asset. NAFTA sourcing for Co/Ag play. Has assets with cobalt for EV, electroplating, electronics, metal alloys. Trend in electric batteries to solid state batteries, which Cobalt will remain sexy for next decade despite Elon Musk hope in Lithium and threat to keep prices down. ...
NIO's IPO was welcomed with much fan fare but has weak since close of its second day trading. I'm watching a tight 4hr pattern here, but coming across some fundamental information has me leaning bearish on this stock. As for the fundamental news, the author of the article linked below poses the $12 billion question: "A question. Is the untested EV startup NIO...
Havent seen one of these charts in a very long time. The Hidden Wedge occurs when there is a gap up followed by a gap down forming a window. There also has to be consistent support which is present as well. Love it. Hidden Wedge play of 2018.
Well I have been getting hit hard with this stock diving 70%+. Thankfully my position has been small, and just grabbing small lots on the way down. Today may have shown the greatest sign of a reversal from a TA aspect. For any of you home gamers who have tracked this stock know about their acquisition of U.S. Cobalt a few months back, and this deal was done in an...