EV stocks hype -BUT not enough focus on the Charging side!
So we are looking at an overdue EV full force entry in the market - seems like every day we have a new reverse merger with a SPAC company to IPO another EV maker we never heard of ....but the main focus is missed by many investors - Charging stations and Battery makers.
Here we will discuss the two companies currently in the lead of the EV charging race.
First we have Charge Point -established in 2007 and currently owns 73% of market share of EV charging ! that’s big ! imagine Gas stations 70 years ago, estimations are we are looking at a 25 Billion $ market size by 2025.
Their CEO of Charge Point expects over 190 Billion by 2030, and to stay the biggest player in the EV charging game.
Charge Point currently has over 80 million charging systems and hundreds of thousands of users, and a very user friendly in house app that helps the user locate the nearest charging station near him.
The acquisition of SBE on Charge point will be finalized in the next few weeks, SBE stock already made a tremendous jump the last 2 weeks, nearly DOUBLING the value.
Lets look at the Technical:
Stock broke resistance level on the 9th of sept and in less than 2 weeks nearly doubled its value from -15$ to28.6- major rally up.
Both RSI and Stoch are showing us overbought along with a huge rise in market cap but if investors have 2% of common sense i would expect a stock that holds 3/4 of the EV charging market in the US to keep rallying and pass most EV makers by a mile.
The second stock on the chart and the one that gets most of the attention is Blink Charging.
Founded in 1998 and reported revenue growth of 84% to $3.8 Million in the last 9 month, and sold about 700 charging units its seems Blink is on FIRE!
After browsing in their products catalog I was officially impressed, their products are well branded easy to use and very intelligent – they even sell a mobile emergency charger that can be stored in your trunk!
The other good news is Apple announced they will add Blink chargers on apple maps and allow the driver to easily locate a suitable charging system to his vehicle nearby.
One thing we should remember about blink is the big drop the stock experienced in august, following the analyst Culper’s Research which claimed company had less than 2.5k chargers and not 15k as they initially claimed.
With much less market cap the Charge point buy more years in the game and better known brand it seems as Blink will definitely fight charge point for the massive market share that is expected to be 14% of the total market value in the USA.
Blink Technical overview:
So very similar to SBE the jump Blink did is purely massive! RSI and Stoch are over bought - RSI candles through the whole rise showing us there is a lot of volume and drive behind this rise -but I am stating the obvious.
Blink stock couldn’t break through the 11$ line till the 16th of Nov and from there gave a +230% rise - expect a correction but I wouldn’t expect it now, as the EV market is still rallying massively. if analyzing the impulse wave the stock is experiencing at the moment, I would say this stock will rally all the way to 30$ mark and from there will give a 2-3$ correction before going further
one thing is sure -the EV charging market is huge and must be seen as one of the biggest opportunities we as investors are experiencing and shouldn’t be missed !
if you would like me to cover another EV charging stock please send in comments
Trade safe and invest smart!
Niolong
SOLO - a 3 wheels fully electric and coming for NIO! So electrameccanica company has been here for a longggg time but not many people knew about it till today -what’s the story with the EV brand new MR bean compact looking car?
at 18.5k for a brand new full electric car with a 80 MPH per hour speed and battery of 17.3 kWh and most importantly so small you can park it anywhere.
remember the price is a key to reach consumers here and that is a part of the NIO craze !
so yeah it does kind of look funny but its very practical for urban city life and the company behind it actually knows very well what they are doing - this is why i believe SOLO is going to rock the EV market and push aside some older known brands.
the company has been around since 1959 in Italy by the founder Frank Reisner - a great car engineer but not a great business man in my eyes, he has made over 10 different car models and won several awards but never really got the company to the next level.
in 2016 the company built SOLO model as electric formula one race car and entered the NASDAQ at 2018.
Today the car is still unknown on most parts -never saw one in real life but this to me is the solution of "Smart" car combined with "Abarth" on the electric version and I believe that in this price and the current vast marketing budget the company is using the stock is way undervalued.
LET’S TALK TECHNICAL:
So the stock was trading below 3 broke out on fundamentals to 3.33 on the EV craze and haven’t looked back since.
New higher high of 3.92 on November 9th and there started a strong impulse wave that is not healthy for a stock with no substantial earnings yet- jumped to 4.97 and gave a gap to 5.28 - remember GAP MUST BE FILLED and that means stock will go back to "review" that price at some point.
from 5.27 to almost 8$ in 4 hours with a retracement to 6.43 and all based only on investors hype for EV market at the moment - which I am sure stock will revisit very soon when Biden gives his nomination speech.
we are currently in the end of a corrective wave and stock is expected to climb up to 6.5$ and give us one more correction to fill in the gap at 5$ and from there I really think stock will surge all the way to Q1 earnings in 2021 where they are expected to show some profits on paper.
As per now I am a strong buy and big believer in this stock and m=company behind it unlike many other new EV stocks popping out every day – these guys have been around for a long time and they have a finished product in their hands to show for.
Similarities between Xpeng and SOLO - just thought its worth mentioning the waves identical movements between the two:
Trade Safe and beware of the Hype – bubbles are meant to burst !
Leeroy
BTC fractal NIO waiting for a rollback to half level.
Look what happened to the BTC.
I think with NIO will be the same.
Dear followers, the best "Thank you" will be your likes and comments!
These ideas are not a channel with signals and I do not give recommendations on the entry/exit points.
In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements
Thanks for your support!
NIO - MAY SOMEONE JUST TRY AND STOP ME! sold 5000+ vehicles !Probably my favorite stock of 2020 ! Been trailing it since it was on 6$ and the Chinese Gov gave them fundings in mass in the beginnig of the year.
This EV cheap maker is not stopping in red ! no corrections no retracements ! when it corrects it corrects by the cent not by the dollar.
When the market fell in September NIO was not moved by much and that shows investors confidence in the stock since they were not running away to gold or crypto like everyone else.
This stock moved to heavy wehight by JP Morgan last month and has been skyrocketing since, and as i write this it broke 30$ today.
my stakes in this stock are very high and acc to company investment vs profabilty along with Chinese loyalty in car sales and orders, this stock is predicted by FDGT team to reach 50$ mark by late FEB.
We analyse the market with Fundamental and technical analysis combined on a theory called Market Cycle Based Analysis (MCBA), which relays on Elliot waves theory combined with market volume and fundamentals.
Trade safe !
XPENG -METEORIC RISE, MEANS METEORIC FALL !! XPEV AND NIO ANALYSSo in the last 3 days in particular , XPEV the Chinese electric vehicle maker, has been exploding up, and there are many reasons to this which we will cover here in a moment but as an investor who is heavily invested in XPEV this causes me reasons for concern.
In a lot of the cases (excluding Tesla), when we see a meteoric rise such ass XPEV and NIO had in the last few days, this will mean a lot of investors that don’t really analyze the company properly and just jumping in the hype – but these are usually short term investors who are looking to make a hit and run. For me as a long-term investor in the EV market that means bad news.
A bit of Technical:
IMPULSE WAVE - positive sentiment causes massive volumes that are unstable and not sustainable
There is a clear method to how an impulse wave should work, and when you experience 3 motive waves as we see here that are all extended one after the other that means the corrective waves are going to be just as sharp.
We are looking at retracing wave of 618 of FIB if the stock finishes its motive wave in these manner -which means stock will fall down below the 30$ line.
NIO Wave chart:
Lets talk FUNDAMENTAL :
-XPEV delivered 3,040 in Oct over 200% from the previous year and considering the COVID-19 environment around us at the moment ,that is tremendous in my eyes, add to that the fact that 70% of those were the new Sport sedan P7 which is getting very positive reviews.
The EV market is creating new companies like mushrooms after the rain , and though competition is good , inflating a market with so much money and so many brands before it matured enough to sustain it can cause a domino effect and drop the EV market down to new lows and requires us to be patient to see our investment going profitable again.
The earnings of Xpeng are coming in Nov 12 and are expected to be positive – and here exactly is the issue – if expectations from investors on earnings are so high , even positive earnings with a slight downside can bring the stock down like a house of cards at -10% and even more.
To sum up – I am a strong believer in EV stocks whether Biden wins or not, but I would say : don’t put all your eggs in the EV market as this can get rocky!
WE analyze the stock market acc to the great Ralph Nelson Elliot and combine that with fundamental and sentiment analysis on a theory we call Market Cycle Based Analysis and that gives us high prediction rate 😊
This is not a recommendation but our personal advise
Trade Safe, and invest smart !
NIO LONG & SHORT SET UP (TRADE PLAN)Search Results
Featured snippet from the web
J.P. Morgan analyst Nick Lai upgraded the stock of Chinese electric-vehicle maker NIO to Buy from Hold on Wednesday, taking his price target all the way to $40 from $14.
That is double NIO's average price over the past month and nearly double where the stock was trading before the bullish call.
SHORT
TITLE : SELL NIO
ASSETS : STOCK
SYMBOL : NIO
ORDER TYPE : (EP1) Market (1/2) position size (partial low lot entry)
(EP2) SELL LIMIT ORDER (2/2) (Now enter rest of position)
TF : 2DAY
ENTRY PRICE 1: $29.00
ENTRY PRICE 2: $30.50
STOP LOSS : $32.00 (30 PIPs)
TAKE PROFIT 1- $26.00(30PIPs)
TAKE PROFIT 2- $23.00(60 PIPs)
STATUS : ACTIVE
LONG
TITLE : NIO BUY LIMIT
ASSETS : STOCK
SYMBOL : NIO
ORDER TYPE : (EP1) BUY LIMIT (1/2) position size (partial low lot entry)
(EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position)
TF : Week
ENTRY PRICE 1: $22.80
ENTRY PRICE 2: $20.80
STOP LOSS : $17.80 (50PIPS)
TAKE PROFIT 1- $27.80 (50PIPs)
TAKE PROFIT 2- $32.80 (100PIPs)
TAKE PROFIT 3-$37.80 (150 PIPs)
STATUS : PENDING
Nio LongSo it appears I was a bit off in my last call for nio. What I thought was the top, was really just the beginning of a larger move. As much as I would like to do some elaborate analysis, I think this is very simple. There is huge bullish momentum surrounding this stock. Huge.
I can see this going all the way up to 33 dollars.
On a more technical side, although we see crosses on the macd and an overbought Rsi, we have yet to see any divergence that would indicate a move downwards. I wish you all the best in this trade, and hope you can get in to make money. You'll hear from me again soon.
NIO breakout of bull flagHigh conviction trade taken, Jan 15th $25 call options 21 contracts dollar cost averaged in.
Been monitoring news and social on NIO recently, had a Chinese fivver tranlsate hundreds of Weibo messages talking about NIO, will be posting my full high conviction trade analysis in the DumbMoney.tv discord channel: dumbmoney.tv you will find it in #high-conviction-trades and #nio later this week.
Been waiting these triangles play out, and entered on a dip that converted the last one from a symmetrical triangle to a downward channel / bull flag, which just broke out this morning.
Next NIO earnings is Nov 10th. They have done over 1 million battery swaps, and the social chatter in China is highly positive.
NIO Trade Update, Book Partial Profits Notice NIO has been quietly moving about +20% per day and our Leaps has gone deep ITM May 2020. I’m considering taking off some profits off the table as we approach wave (v) resistance at 27.50. On the longer term, we will still be holding on to our positions on NIO.
NIO remain bullish, updated price target of $24.18NIO recent trades mostly happened around $19, great bounce back from the support, we were shy of $1 from our last prediction.
Thur & Fri pullbacks are at the half volume of previous buying days, which is a very bullish sign.
Friday candle closed an inverted hammer, a trend reversal indicator, with this we may or may not see another pullback to retrace to fib 0.618 of $20.36.
Regardless we should see a very bullish run-up to the fib127 level again of $24.18.
NIO filled the gap. Now watch for a break outSupport is at 20.60, watch for a break out to go long, it can hit previous highs if it breaks out of its trend line or it can even go to $24. Filled this mornings gap up which was a break out of a daily resistance level around $21. Volume has also increased on this last 15 min candle so it may signal a reversal.
Nio is right on schedule for its next jump, if it stays course.Please press the like buttom or the follow button if you like these ideas, thanks!
NIO price target/end of october: $21
Evs, ah quite the market in 2020. Nio has had quite a year, lets examine the last 4 months with NIO.
Since June 30th Nio has been in a beautiful ascending channel, a closer examination of the trend will show that upon reaching highs, Nio has an extended period of consolidation, into a lower end of the channel, which leads to another rise towards the upper end of the channel.
Zone 1-39 candles.
Upon reaching the upper end of the channel (also resistance), we can see consolidation, and upon reaching the lower end (of ascending channel) we see a rise into zone 2(becomes support).
Zone 2 (theoretical) -26 candles.
Using the same metrics as zone 1 we saw a rise into the upper end of the channel, back into a consolidation range, this time , along support lines. Using zone 1 measurements, we can expect a consolidation into the lower end of the channel which would take it back into the upper end of the channel, also known as zone 3.
Zone 3 (theoretical) - 13 candles.
In this zone we reach said price target.
With aforementioned measurements used in previous zones (zone 1, zone 2) , We can see the price target of $21 by end of October. Bull case scenario on this pattern leaves us at $28 by end of October.
**Provided also are:
*Pink reversal zones (possible to signal reversal if falling out of ascending channel)
* gray area zones (possible for upside or downside)
*red breakdown zones (for price action that falls out of the bullish trend)
NIO looks to make new all time high! The 2020 hype expecting!Depending on the data, expecting that NIO will make a new all time high 22 usd +
Read more about the businessmodel - the electric car sell data. this company done great, and expecting a huge breakout soon.
Can this business also breakdown?
Sure, noting is 100% and we cant see the future, the only thing we do are expecting depending on news, trends, and the basic TA.
Have good time all! -- and maybe see you at all time high soon!
# if you did like this post, pleas give it a like, and follow for more trends.
Thank you!
NIO looks to breakout the all time high 22+ ! the next tesla?Depending on new chart study, it looks that NIO can breakout the all time high soon.
i expect depending on sells data of this company, and more trends, that this company can become huge.
What do i expect?
I expect a price above 22 usd + with new all time high
Can it also breakdown?
Yes sure, nobody know the future. but depending on expecting, add this update for long.
Have good time all!
If you like my post like it and follow for more updates.
Thank you!
Jump on the NIO train before the next departureSpike down in NIO represents good short term entry point before the next leg up of this fantastic company. www.nio.com
Trade Idea: Place buy orders all the way from $18.50 to $17 in increments of $0.10. If the $17 support level does not hold, next level of support is $14. Leave some cash behind from the $18.50 to $17 buy orders and use it to buy down the $17-$14 range if the price enters that range. Otherwise, the cash left behind can be used to average up if it breaks through the $20.50 resistance level.
NIO Pattern BreakoutI drew the chart last week. Have been waiting for a breakout and volume confirmation. I've only been trading for 5 months so I'm still new to using TA but I would like to get input and ideas from others. If any of you guys have TikTok, I started posting stock related content and my journey through the stock world. NYSE:NIO






















