Beautiful wedge forming here, my guess is that it takes a day or two for price to close right around this level, and then a big break over. Of course this could bust through with conviction on high volume in one day, but more likely that it takes a day or two to set up. Can use the opportunity to position with long dated calls or shares, I think there’s a high...
Look to my previous charts below, still waiting Tesla to consolidate below 800$, It's 6% gain through a week.
Not a recomendation, think your way.
NASDAQ:TSLA
I see a quick drop in price before the continuation of a tested resistance. I really like this company as they are the largest company within the lithium industry which will be in high demand for the auto industry. Going through a covid phase. They should be ok as the financials are still in ok enough shape to me for growth and long term value. I think price...
I like blink charging for a long term hold. Obviously we are headed into the EV age and I like how this company no only participates in making vehicles, but also dealing with charging stations was a big plus for me. I like the commercial value of this company down the line. Price is in a support zone look for it to test resistance since mac d and rsi are on the...
Another holy grail watch. I have been in and out of this one for a nice profit a couple of time already.
- Adding to watchlist again
- Bounce off 20MA for Holy grail
- She's a runner, could be huge move.
Watching for now...
Battery tech charged for HYLN news released (what convenient market timing) as it fills out the breakout here.
I'll be entering calls for mid March. Good luck, trade safe and manage your risk!
Like/share if you like these charts ask me about them!
I believe that with the hype of SPACs dying down, attention has moved away from a very big SPAC player. Within the upcoming months, CIIC will move in an uptrend because of its companies fundamentals and because of the catalyst that follows. Two catalysts are its official merger and the start of their production line.
Last run-up, we had a 400% gain over a month. therefore seeing a 300% gain by March is not out of the question.
A run-up will happen with all the consolidation SOLO has been doing, and it will be a bug one, all the way up to tap the support line, at the top fib level.
I have been watching this company the last couple months.
finance.yahoo.com
www.gurufocus.com
Looks extremely promising to me. When they start making contracts with companies building new electric trucks this thing will pop.
Just an update, if you’re not already in the trade look for bullish action and a confirmation of the break out. The stock could retrace here, but I think that the sentiment and market conditions are really bullish so I doubt it. I could give more technicals and cool numbers but I don’t believe it to be necessary to see the trade.
I own stock
XL is an EV play that I have been watching for the past couple of weeks. Recent news: 6 days ago they released news on a partnership to develop all-electric and plug-in hybrid refuse trucks with Curbtender. They also were initiated with Buy rating and $30 PT at Canaccord and BTIG. This news gave XL some momentum and we gapped up 8% and tried to break out of the...
With the recent announcements (european deliveries, sales compared to last year etc.) and fine technicals, we are most likely looking at a second swing here and potentially hitting the 60$ mark at the end of feb/beginning of mars. Maybe even earlier. The recent EV-hype strengthens this stocks relyability even more. I believe we're going to hit the ~140$ mark ,at...
looking for my fav fib Extension 1.618. Typically 786 gets tested B4 the 1.618 so if this go steady as she goes here .32c will be max profits taking for me. Then I look to either buy the dip or just move on and buy something else. Wash rinse repeat.
Xpeng seems to be moving in a EWP triangle, decreasing volatility and volume is a signal of consolidation and an imminent breakout. Like other EV car manufacturers, positive fundamental news, increasing sales and a worldwide adoption of EV technology could make 2021 a great year for EVs.
The daily chart shows the price action moving between the 25smma and the 50smma. The 50smma should act as support, the logic behind this trade is to enter at the 50smma and look for a break out, or at least a good entry since sideways movement could also be expected. Keep in mind that this is a very speculative, scientific driven investment involving complex...
