On the 4H Chart, BABA is sitting in the the demand zone at a double bottom retest. Earnings
two weeks ago beat expectations. Fundamentally, China is holding interest rates down and
may even decrease their prime rate. Domestically, chaos continues with more rate increases
possible and the debt ceiling issue impending resolution versus diseaster. I see trading...
I am following NIO with one eye, now switching to two eye. Even though NIO could have a bright future for the long run (years), I see more downside incoming.
The formed head and shoulder within the symmetrical triangle broke to the downside (breaking also the triangle), and as expected retested the HOS neckline (and the triangle). As expected, it got rejected,...
For the month of May on the 15-minute chart Fisker is up 27% while the general market QQQ
is up merely 4%. FSR riding an ascending parallel channel tested the channel yesterday. This
was met with high relative buying volume. (Fundamentally, TSLA and NIO are rising as well
as EV stocks gain some momentum ) The Better RSI indicator is oscillating between...
On the 2H Chart ARVL is always been underneath the Ichimoku cloud. Since earnings this has
changed. The earnings were nothing special. ARVL as a startup is still losing cash; it is priced
on the potential of the future. ARVL is in the delivery truck and bus segment of the growing
EV industry. It does not compete directly with TSLA. On the chart relative...
TSLA as shown on the 60 minute chart has been in a cup and handle since the last earnings
report. Trading volumes increased then and the print is a gradual downtrend reversed to a
gradual uptrend then the handle formation and finally the breakout above the lip of the cup.
TSLA and Ford this week announced collaboration on a charging network primarily with...
NIO is registering significant accumulation at the current price level. Net buy volume has increased significantly this past few days -- hinting of an incoming upside reversal.
Higher lows creation on weekly data histogram has been created -- suggesting the current price point to be the last baseline before the coming series of ascend.
The stock is currently...
TSLA on the 4H chart started 2023 with an upward trend taking it from basically $100 to a
doubling by February 15th then a reversal in a fibonacci retracement fashion to mid level
level by March 10th with a bounce up and then resettled in the same area by April 20th
then holding above the upper of a VWAP band until its reversal a week later. At...
On the chart we can see the falling wedge pattern.
Our strategy is to open a long position when the price breaks above the upper resistance.
Targets are shown on the chart.
NIO is shown on a 4H chart. It has been downtrending for 3 months. Howver, April and May
has high relative volume trying to reach the capitulation of a bottom. Thursday May 4th
marked a near term bottom. NIO is now rising and breaking out of a falling wedge drawn onto
the chart. It has crossed over the POC line of the volume profile ( This is the price...
Using my own Kaiju Trading Strategy, I've noticed a buy zone around 5.80$, would be nice to DCA around there for mid-term investment
Stop loss is below 4.5$ or you can DCA it if you are not in a hurry for quick profit and want to hold long-term
NFA DYOR
PSNY has been relatively stagnate for a while.... which is good after an emotional dump into a new low. It means its accumulating. This company is undevalued compared to the other electric car companies out there. I wouldn't expect this stock to move a lot up front. However its cheap to do a leap on this til jan 24 and let it do its own thing. Out of all of...
Nio has finally setup a nice BEARISH F FLAG. Watch for a break below the flag. Short at the break and follow thru with a new leg extension. There is a gap that needs to be filled at $4.78
NIO has followed a bearish trendline very beautifully.
Can see theres still room for further downside. My count shows that NIO is close to completing wave 5 of (5) of ((3)), so thee are multiple sequences that NIO will be completing at this area with the target range within the pink lines ($7.40-$4.88). Can it go lower? Of course, its markets that decide, will it...
• NIO is trying to reverse the trend on the 1h chart, as now it is above the 21 ema, which is ascending;
• What’s more, NIO just filled one of its gaps at $8.29, but it seems this area is acting as a resistance now;
• The problem is that we don’t see a clear bullish structure, like a higher high/low yet. This gives the impression that this was just a short-term...
