Possible Scenario: SHORT
Evidence: Price Action
TP1 ~26$ , 10% Decline
* I'm 100% bullish on mid-term and long-term, this is just a correction, buy the dip and apply dollar cost averaging
I'll buy PUTS for 19 March, Strike 26$,
This is my idea and could be wrong 100%
Without any doubt EV makers and their investors were the winners of market since March 20th, 2020.
But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed.
IMO: Future belongs to clean energy companies, but in...
Li Auto was looking very good to me, but now I'm not so sure. Typically, the textbook Bull Flag that it created would already have experienced a breakout. The elongated symmetrical triangle is also not sending any clear signals of which way it'll go. With volume low and earnings looming, we have seen LI find support and cool off. I still remain bullish behind the...
Li-Cycle Corp said on Tuesday it will go public through a merger with blank-check acquisition company Peridot Acquisition Corp in a deal valuing the recycler of lithium-ion batteries at $1.67 billion.
The initial public offering is a bet on the growing need to recycle used batteries as well increasing demand for lithium-ion power sources for emerging products...
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.
Sorry for the hiatus, folks. Hope everyone made bank on the picks!!! APPS and KIRK killing it. SPCE starting nice run, though, I sold entire position today. PLUG went supernova!!!
I like LI on the cup and handle here. Measurements on the chart for run. Waiting for the break of the upper trendline of the handle to get in.
Like and follow if you like the...
Just to be clear, here is where i spotted Li`s buying opportunity, where i also did a nice comparison with Nio in sales:
Now the U.S. House of Representatives has unanimously approved legislation that would allow for the delisting of Chinese companies unless they meet audit standards in the...
Holding a small position in LI Auto. Looking to add if wave C is in play and if we're moving for a 3rd leg higher. If the stop loss is held, then the length that it took to reach wave 1 will reach wave 3 aboe 68 level in 5-6 months.
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
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...