Romeo Power is a Southern California-based battery technology company for electric vehicles. What sticks out to me here is not only the pattern (See $FUBO recently for comparison) but the divergence between RSI (relatively strong) and Slow Stochastic (oversold). Based on recent price action, entry above 24.14 should be a clear entry.
QuantumScape is an American company that produces solid state lithium-ion batteries for electric cars that has run with recent EV-mania. Over the breakout level should see another pop. Currently price is wedging and fighting to base over the VPOC. More conservatively, can wait for a breakout over 74.50.
I believe $XPEV breakout the downtrend. It is following $NIO trend.1st target $51 and second is $60
Following the second run-up a consolidation phase is underway. Many catalysts in the medium term will set this up for the next run.
If $NIO can hold $49, expect new highs
I know what you're thinking. Bear with me here. The chart is set up here, entry based on hourly resistance. Good supporting order flow today. It could have a nice pop and squeeze shorts for a quick trade.
I like the 3 touches around 14.55 Looks like the strongest support we've had since reaching AH Regardless if it holds, I'm confident we'll see new AH by end of Q1
CCIV has already had one potential merger fall through so I urge caution on this, but the upside could be enormous merger with a EV maker especially one that has a former Tesla Exec. could generate a lot of hype around this SPAC. I went in with some shares in a simulated account and I will be waiting for More confirmation of a merger and a dip to enter. Let me...
SOLO has been consolidating too long, Low IV and large upside potential with EV being hot, I like $7 weeklies here!
SOLO should finally be a buy at the open. As long as it doesnt get away with quick double digit gains. The 8 should cross the 13 at the open, it looks up about 6% premarket. The MACD is almost above the zero line.
I know you guys like NASDAQ:TSLA so I thought I'd see if I could find levels. This thing looks interesting but I can't see anything good here, however something may set up soon! If you're in, congratulations I don't usually check out TSLA. Stay safe.
Nice set up and plan for $LI. Currently in $LI 35c 1/15 and followed some UOA flow today with a small long position of $LI 45c 1/29. We broke passed $33, but still need a close above to confirm we broke the resistance. Looking to exit my 35c by this Friday (1/8) and roll out my position to some 1/22 expirations. Always open to feedback on TA, so feel free to let...
Nikola has performed as a young crypto coin from May till June last year, has had a 85% retracement, but has broken out the yellow descending wedge and has touched an old high of March 2020. We had an sudden rise after first break-out before the announcement of GM, but an abrupt decline right after the cancellation of the electric truck production and 11% stake...
XPEV seems to be holding the 41.64 range very well, with a bull flag forming. There was lots of buying volume flowing in EOD, watch for a move up tomorrow - a break of 43.94 should result in a rip. 45.36 key level, 51 ultimate PT.
Despite US Audit condition on Chinese stocks only negative impact but they still have 3 years to meet this condition and as EV sector this stock can rise more following NIO/XPEV. But this stock still cheap and looks stable.