NIO - still bearish and shorters will likely step in at the 20ema shortly. Don't forget they dump for year end! m~
EV Company Electric Last Mile to List on Nasdaq Through Merger With Forum Merger III Corporation Pro forma implied equity value of the combined company is approximately $1.4 billion ELMS expects to launch its Urban Delivery van as the first electric Class 1 commercial vehicle in the U.S. market in the third quarter of 2021 Transaction supported by approximately...
NIO Short 3:1 R:R w/ any break above 49.5 invalidating the setup
Looks like a bullish pendant forming in the daily. Still holding
The earlier frenzy has worn off a bit and more importantly this has cooled down. Some consolidation and chop which may clear up over 48.47.
For entertainment purpose only, not investment advise
Weekly and daily patterns giving strong indication of a breakout. Relative strength massively strong on a potential indices breakout day.
possible bounce off $46 to $50. Nio still seems weak to me but I bought some at 44-46
NIO continues to be a little beast. Level 2 access disappeared for me which makes me worried. I still think NIO eventually with go to $100 and beyond but i'm not sure the dip buy is in play for the very near future again. I'm hoping we stay above $49~50 to continue up...
NIO currently in its second upward channel; EV been booming so hard, its bound for a pullback soon enough especially the chinese EV stocks (nio, xpev, li etc.). I could possibly see NIO breaking below this channel its in with three possible supports around 49.4, 45 and 40 (even though its still madly overvalued here, there was a lot of buying pressure at 40 so i...
bulls still a bit strong, entered dec4 25.5 24 bear put debit spread
Looking to capitalize on the EV market pullback this morning with a SOLO buy zone placed last week. Hoping this wick to the 78.6 was the one!
The price is in a wedge that I expect to break downwards, since it did the exact the same thing on yesterday's wedge.
Li is in a very clear channel that doesnt seem to become more volatile with the hype (unlike Xpev for example). It seems to follow the trend very stably and clearly and it shows no signs of having exhausting the trend yet. Yesterdays prediction I made for LI was spot on (not published unfortunately) and it closed precisely at the price I expected it too. Both...
Canoo has announced a merger agreement with Hennessy Capital Acquisition Corp. IV (HCAC), a special purpose acquisition company (SPAC), that would result in Canoo becoming a publicly listed company. Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles, reinventing the automotive landscape with bold innovations in design,...
Arrival confirms that it entered into a definitive business combination agreement with CIIG Merger Corp. (NASDAQ:CIIC) in a SPAC deal. and the newly combined company will be listed on the NASDAQ under the new ticker symbol ARVL. The transaction values the combined company at an enterprise value of $5.4B and is expected to provide gross cash proceeds of around...