Might be the end of the pain Stop lost at 13.85 Take profit : 19$
$FSR Target 23.27 for 17.82% Or next add level is at 16.23 I added here today... there's definitely room for this to go a little lower but it suited my strategy to add here. On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I am not your financial advisor. Watch my...
As you see in the charts, in the past 3 months, most EV makers lost between 40-70% of their value..! This is completely an example of a Crash..! keep in mind that they were the best-performed stocks since late 2018. I believe this is not the end of the bearish move for these stocks, because they were so overvalued that can experience another 50% decrease in the...
(This is Not Financial Advice) Hello everyone I decided to take a look at a comparison of all the big EV Car Companies. This is not including charging companies etc. I thought this would be a interesting time considering what is happening with news surrounding all of them right now. I am pretty bullish on this space long term and short term I think we will see...
On February 18th, 2021, I publish analysis about the Market front runner industry (EV makers), seems exhausted ..! After 5 weeks, it is time to review it 100% accuracy in 10 symbols is not speculation..! It is science and trading base on evidence..! they are way above their value and in the coming months, you will see how far they could go down..! I will review...
Looks like Fisker is wanting to fill that gap at 17.50 ish .. Still looking for a good bounce on this up sloping demand line then bounce back up to the 20's
Looking for Tesla to breakout of this inverse head and shoulder by maybe tomorrow if not then in the near future. Also check out the Macd and RSI on the Daily time chart. Rsi just under 55 and the Macd converged few days ago. I think all other Ev,s will follow. My top picks $FSR, $NIO, $XPEV and $QS. My breakout point on TSLA tomorrow is at 706ish. Thanks if you...
NEW POSITION in $FSR Target Price 24.93 for 16.44% And if it keeps selling off double position @ 17.89 I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my...
Linked my private idea to make visible.
SPAC's have the same trading cycles. Right now we're in the cycle after the Acquisition news sell off. This is the area where price is finding support and eventually a selling climax area. IMO CCIv has not found its preliminary support before hitting a selling climax at the 21-23 range. ( Research Wyckoff Method )
When I compare the EV maker stocks, I noticed 2 companies have different behavior in comparison to others and interestingly the have positive correlation to each other while having negative correlation with other EV makers! These two companies are Fisker (FSR) and Canoo (GOEV). While most EV makers experienced more than 30% price correction in the last 3 weeks,...
The roller coaster trading week finished and my recommended portfolio gained 6.66%(volume-weighted). For the 5th week in row I beat all major indexes ( S&P 500: 1.23%, NASDAQ: 1.50%, Dow Jones: 1%and ARKK: 4.76%managed ETF(Cathie Wood). So far in the last 5 weeks, compound return of my portfolios was 64.41% and these portfolios experienced 3 negative days in 24...
A new story has just begun for FSR, this doesn’t apply to other EV makers! Potential gain:+70% Reward/Risk:5 Timeframe: 4-12 wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate...
FSR has been consolidating since early december between 14-16 range along with forming a downtrend line since it's highs in late November. Stock is gapping up pre market breaking through that $17 resistance level on Morgan Stanley launching coverage with a $27 price target. I am targeting that same level as a profit taking spot for this trade. This is a something...
My weekly portfolios in the last 5 week have beaten all major indexes and ARKK returns! They made 64.14% compound return in 5 weeks..! Let’s take a look at the next week portfolio to beat the market: (put your orders +/- 1% change of weekly close) 1-AAPL 2-AQB 3- BTCS 4-CRSP 5- DB 6- DSS 7- FB 8- FDX 9- GNUS 10- HCDI 11-GOEV 12- HYLN 13- NGD 14-NVDA 15-PFE 16-...
Potential gain:50% Reward/Risk:+6 Timeframe: 2-4 wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! Don't forget to like, comment, and Follow to...