Since July and the bullish break-out above the ATH Lower Highs trend-line, Tesla (TSLA) confirmed the transition to a new long-term bullish pattern. For the time being, that is a Channel Up.
The recent pull-back is part of the wider market correction of the past 3 weeks but last week's green 1W candle, is evidence that the price has found a bottom. In fact this...
TSLA on the highly reliable weekly chart is at the bottom of its volume profile in the lower
part of the high volume area. The TTM Squeeze Indicator ( TTM = Trade the Market John Carter)
has printed a signal for four weeks. The RSI faster and slower lines are near to the 50 level.
The mean relative volatility has steadily decreased and this is in an increasing...
WKHS has been sideways or down since the bullrun in late February. Another EV small cap
is nearing bankruptcy unless it finds a suitor ( FSR trying to attract Nissan) WKHS has a niche
with its delivery trucks ( like for Amazon Prime and USPS). Is the concept to production
hangups and slow downs going to cause its demise? Trader confidence is lacking or...
Rivian had a tough couple of years, as unprofitable startups are more vulnerable to the adverse external environment from high interest rates and lingering inflation. This has softened EV demand and deliveries have been disappointing in recent quarters. Highlighting the challenges, executives believe 2024 production will not surpass that the last year. But the...
Currently, we are witnessing selling pressure on the Fastned stock without significant buying interest. However, by examining historical data, we can identify a point of interest around the €13.36 level. This area has previously acted as a support zone, making it a potential accumulation point.
Recent developments support this analysis. Fastned recently raised...
Mobileye Global Inc. (MBLY) operates in the Automotive - Original Equipment sector1. The company specializes in developing and deploying advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide They offer a range of products, including safety features for real-time detection of road users, cloud-enhanced driver assist...
NIO on the daily is 95% below its ATH Winter of 2021 and 50% lower YTD. In China NIO is
competing well with XPEV, LI , BYD and TSLA while it makes further penetrative into the
EU market. Its unique concept in action is battery leasing and battery swapping making
charging time no longer relevant. Apparently, the battery swapping time from a depleted...
FFIE is a penny stock of interest as it is also in the EV sector. Earnings are coming. In the past
two days it jumped 82%. The stock is trading 99.9% ( no exaggeration ) down from its all-time
high. On the 15-minute chart, price has jumped above its EMA cloud which inflected upward.
A massive volume inflow peaked the price action in keeping with Wychoff's...
LCID is making its move while Fisker got halted and will be delisted. LCID has a rich uncle, a
Saudi billionaire running the national wealth fund there. Fisker lost its suitor in Nissan and tried
to raise cash by selling cars under cost. I would be afraid to buy a car from a company about
to head into bankruptcy. Anyway, time to buy LCID for now, it has a...
LCID trended up 40% from late June and then over 2-3 days completed a standard
Fib 0.5 retracement before bouncing off a longterm anchored mean VWAP and
reversing. The reversal is supported by the two time frame RSI indicator showing
the lower TF RSI crossing above the higher TF RSI and both of them approaching
the 50 level. The zero lag MACD shows the...
Workhorse could start working again as the 50 minute chart is showing a suggestion of a reversal
after a long trend down. Price has passed over the longest moving average which is a SMA20.
The EMA cloud ( 100, 200, 300) is starting to turn up and price has crossed over it. All in all,
there are some golden crosses here. Blue buying volume spikes are seen...
On a TSLA chart, TSLA has been trending cown since last May. On the anchored VWAP lines,
it topped out crossing above the second upper VWAP about the first week of January '23 then
crossing under the same line on January 20, 23 Between August and October price tested and
consolidated about the first upper VWAP line. It then fell to the mean VWAP line and...
In my previous idea, RIVN was short from the highs. That position was closed today as RIVN
fell below the target. I now based on this idea have a long position. RIVN's move the second
half of today's session was supported by a strong bullish move in the general market from the
federal financial data principally the jobs report.
On the 15-minute chart, RIVN...
RIVN popped today while FSR got halted and will be delisted. The 4H chart with BB and a
predictive algo added suggest it has room to 13.25. The indicators are supportive of that
forecast. I will take a long position here with a stop loss under the lower BB line. As to
my FSR put options I will watch them rise until expiration time. No hurry. No worry...
NKLA had news this week with the litigation over the Badger brand. The news is over and the
real trend is hydrogen stations in California and perhaps Western Canada impacting the
buildout of infrastructure with the help of Biden administration handouts. NKLA has corrected
and fallen into the support of the Fib retracement. Zig and zag I look to enter a long...
LITM is a lithium mining company with operations is Western USA and Canada now getting a
lift as lithium prices are rising. It popped 16% today and hit a screener on volume yesterday.
This is a junior miner compared with LAC and SGML. As such it is more reactive to price. All
indicators confirm the move including the extent of the trend, relative volume...
NKLA on the 120 minute chart has been in a falling wedge pattern and had the news of
hydrogen stations ready to go in the all important California market and now printed a
countertrend breakout over the wedge. Can Nikola stop the cash burn? Can it prevent further
shareholder dilution? Is the board protecting the interests of shareholders ? While this gets...
