Today we will take a look at the current formation on NIO From a technical perspective, we are observing a triangle pattern. But what is a triangle pattern? Ralph Nelson Elliott one of the fathers of modern technical analysis, and the creator of the Elliott Wave theory, Identified that the price moves on impulse and corrective sequences. One is followed by...
The company is considering IPO in Hong Kong. NIO reported its third-quarter earnings on Wednesday morning Beijing Time and held an analyst conference call afterward to address the most important concerns of investors. Here's a summary from CnEVPost, and there's also a live text of our transcript of the call at the end of the article. Vehicle Deliveries...
Looking for a dip into the oversold and the RSI & MACD should line up for a perfect entry on the second leg. Possible lower-low before entry on reversal. Lot's of fundamentals to like as of late. Expecting more into the holidays as the Arizona factory continues to go online. If the Dems get there way the tax credit increase on Electric cars may push this...
similar constellation like exactly a year ago. Last year it was boosted also by the hype about Bidens green program...
So recently NIO was thrown on the drawing board... After peaking at $66.99 in January, the market has cooled down a bit and has found support around $30 2-3 times, all of which has caused a pennant to form which would imply that there is a chance of 75% is that this continuation pattern could push the price further up. The upward price target would come in at a...
Is this is the best time for another leg up. Imagine many gas stations being replaced by Blink e charging stations. Welcome to the electric future.
The automaker has been expanding its global layout during the past quarter of 2021 and has entered the Egyptian, Bruneian and European markets. During the third quarter, Great Wall Motor announced its target of selling 1 million vehicles overseas in 2025. The revenue of the firm increased 10.13% year-on-year to CNY 28.86 billion. Operating income was CNY 28.86...
Here's my predictions on the NIO chart. If it breaks the zone in the bull trend it's a strong buy for me.
Set your take-profit targets based on your risk tolerance.
Tesla Prepares for Major Dip. $425 Expected by Early 2022, $1500 expected by mid 2022. More surprises on the way. Be sure to follow me for more markups.
Despite a great Q3 overall, Tesla in China sees demand reduce as competitors begin to catch up. Share prices for Tesla have soared to all-time highs after earnings and amidst reports of a 100,000-car deal with car rental company Hertz. Demand has not been the main issue for Tesla outside of China seeing that orders have backlogged out as far as May and prices on...
A break above $26 would clear the runway to $32 dollars. Earnings produced some price action but no definitive trend. Quantum Scape is a company in a hot market sector that has room to run within it's range. www.barrons.com TA + Personal Opinion = not investment advice. Best of Luck!
... and Super Energy Storage Station. The CEO of XPeng Inc. predicted that the penetration rate of new energy vehicles would reach 50% in 2025. On October 24, Xiaopeng He, CEO of XPeng Motors, said that XPeng hopes to be the first 800V high-voltage platform equipped with silicon carbide chips in mass production, aiming to achieve the endurance of 200 kilometers...
BYD's reasoning is that the raw materials for lithium batteries have been rising due to market changes, power restrictions, and production limitations. BYD, China's largest new energy vehicle company, is also the second-largest local supplier of power batteries after CATL. As costs rise, the company is said to be raising the price of its batteries. BYD will...
I love Ford and have the F150 reserved since the first day. I like the stock at 12.50-13.50 to accumulate. We'll see in tomorrows earnings if the dividend returns. I'm not sure how they will do on earnings, but the market as a whole does not look supportive going into November. Still. I'm going to hold. I could get another chance to pick up more F under $13.
Been consolidating in the triangle since 1998. finally broke out and backtested. looks like a good long term hodl
In my latest post on the 19th Jul 2021, I mentioned: "It is possible that wave 2 is not complete yet and we may see another leg down before taking off hard to make new highs as the 3rd impulsive wave." This is what happened and we should be on our way to the higher prices. Target 1 should be $59 and Target 2 should be $74 for the medium term. Note that still there...
DRIV has consolidated in a rectangle box for several weeks and just breaking out. RSI confirming. Good for Tesla or perhaps this is moving bc of TSLA