I think we have a nice double bottom with 30-50% possible down side and huge upside. It's a gamble, but I am stock gambler. I took a very small position. I like the chart and suspect this could under accumulation. Lots of analysts have much higher targets than here. Nikola sold off the Badger line to a close friend. Will this allow them more time to focus on...
Squeeze intraday following the announcement of new secured financing
Nikola Corporation Reports Earnings Results for the Full Year Ended December 31, 2023 February 22, 2024 at 09:01 am EST Share Nikola Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 35.84 million compared to USD 49.73 million a year ago. Net loss was USD 966.28 million...
Tesla (TSLA) appears to have completed the Right Shoulder of an Inverse Head and Shoulders (IH&S) pattern, which is technically a bullish reversal structure that is formed on market bottoms. We have already talked in our previous analysis about the IH&S formed on the 1D RSI and as you can see by the circle drawing, this is consistent with the all previous Right...
1D Chart From a technical viewpoint, Tesla ( NASDAQ:TSLA ) is setting up for a short-term recovery to the $200-210 range before another steep correction. Should significant support be met around the $100 range, a sharp recovery back to previous highs near $415 will be in sight. The following patterns are visible on the 1D chart: Impulse and Correction Waves...
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: After Tesla broke out of a long term triangle formation in 2019 we saw a pump of +1.500% towards the upside. Tesla is currently once again forming a (bullish) triangle pattern but broke short term support towards the downside. If we see a retest of the bottom of...
Tesla gap down upon negative earnings. There looks to be more room for a push down, and it looks better to sell before considering buying. I think the buying will come around, but it will be lower closer to the red line.
- Earnings are forecast to grow 11.07% per year - Earnings grew by 19.2% over the past year
Rivian Automotive (RIVN) hit the $21.00 Target following our November 29 2023 (see chart below) buy call but even though it confidently broke above the Bearish Megaphone, the price corrected aggressively back even below the Higher Lows Zone: The price is at the moment coming off an oversold 1D RSI Double Bottom, naturally below both the 1D MA50 (blue...
Bounce from $5.75 weekly floor of stretched trend-line connecting 6 lows in 3 years. This could easily lead back to the weekly roof at around $9 with a swift 2-4 week movement. A break below $5.75 would allow for $4.83 to be tested.
Technical Analysis: Buying Zone for a Speculator! No reversal volume yet, and no previous higher levels have been regained... All my technical analysis is still telling me to wait... however, my slightly 'irrational' emotions are urging me to take a position here and now, haha. Planning to invest 30% of the desired capital in $FSR... another 40% once we enter...
Twitter, YouTube, and analysts will start talking about NASDAQ:PSNY when the stock has increased by +100%... a daily buy signal has just appeared... but we are waiting for today's closing to confirm the signal... 🙈🙊💎🙌⚡️❄️💫🚀
Hello 👋 it's me your RAJ 🙂 professional trader ✨ This idea 💡 is completely my own analysis to explain situation _&_ market conditions of NASDAQ:LCID How this chart valid for long term 📌 explained clearly based on technical #TA 📌...
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: In 2020 we saw a major triangle breakout on Tesla which was followed by an incredible pump of +1.500%. Since 2021 Tesla has been again trading in a triangle pattern with support at the $120 level and at the $200 level. If Tesla breaks above the trendline mentioned...
Yesterday, I observed some unusual blocks of calls in the options chain expiring on Feb 23, following the earnings release. One of the most substantial positions was in the $20 strike price call, with options traders paying $1.7 million in premium. Listening to analysts, some mentioned they expect a 'TSLA Model 3 moment' from RIVN as well. In addition to...
The electric vehicle (EV) market is booming, and among the promising players, VinFast Auto (NASDAQ: NASDAQ:VFS ) stands out as a captivating investment opportunity. The Vietnamese automaker has been making waves with its innovative approach, state-of-the-art production facilities, and a lineup of vehicles designed to break barriers. In this article, we explore...
Buy the bottom of the bottom of the bottom. It's the only chance to catch the lowest point in Polestar's history. The purple trendline originates from the lowest points when the volume was at its highest, attempting to force the capitulation of all retail investors and a few hedge funds. If I weren't already fully invested in this stock, it's exactly at the...
Stop buying the dip. You won't be rewarded. It has been exactly 85 days, 58 market opening sessions, that the stock has been continuously plummeting, non-stop, with an 82% decline, without once regaining any previous high. When I mention levels, I mean a previous peak. Start buying when one of my levels: short attack or imbalance, is regained. No need to rush....