$SOLO Target 9.47 for 40.50%
Or next add level is at 4.01
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 start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first...
Have you ever asked yourself how much these small companies other than Tesla would compete with big names which showed up with their fully electric cars in the 2021 Auto shanghai show??? Especially Toyota bz4X and Volkswagen?
Some may think after a 60-90% price crash there is nothing left for more correction, but I believe many companies will file for bankruptcy...
I like how the moving averages suggest bullish momentum out of this hot mess. i'm bullish cause i know they're using the 3 wheeler to gain market exposure to customers. they have other cars in line.
.5 fibonacci is yellow.
Moving Averages 18, 52, 65.
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...
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...
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...
SOLO looks like a great setup as long as we can break through 8.2 then we can see short term upside to 8.75 then 9.22. It could see 10 as well! I'm entering calls 1 month out. Going to add dips from 7.8 to 7.5 (full position)
SOLO has been holding this support level and been following this sideways breakout trend the past couple of weeks. With RSI curling and momentum + volume coming back again into this consolidation, I really like this play. There was great news that came out recently, with PR saying they now have ties to 7 different countries & Invesco stating they have roughly 8%...
FUBO looks ready to reverse! SMI and RSI both curling back up, 5 DAILY candlestick sitting on the 20EMA, and earnings on 3/2. After doing some DD, we see a lot of news with regards to PT upgrades to Buys, expected sales of $97.2 million, and with revenues growing by over 71% in just this last quarter, I'm bullish after this healthy dip. Looking to take some...
HBD developing on the 4hr along with possible HBD on the daily, at the bottom of a ascending wedge. I'm aware that's a bearish pattern but it still has a lot of room to develop so could just keep bouncing in the mean time , easy R/R if it does break out to the bottom of the wedge. Target is the top of the channel so PT could keep changing along with your stop loss!!!!
SOLO - stock - Longterm 100% or Short term Option Play? Fib bounce Trend line bounce? Bullish? Will the options win or will patience rule with long term ownership? Not financial Advice. Just observation and speculation.
Possible Scenario: LONG
Evidence: Price Action,
TP1 ~8.80$ , TP2 ~9.73$
It has a minor resistance around 7.45$, so buy opportunity is between 7.45$ and current price.
This is my idea and could be wrong 100%
Last run-up, we had a 400% gain over a month. therefore seeing a 300% gain by March is not out of the question.
A run-up will happen with all the consolidation SOLO has been doing, and it will be a bug one, all the way up to tap the support line, at the top fib level.