DRIV broke out of a range and this massive price shelf provides a nice base for the next leg up. A total of 15 billion in the infrastructure bill is dedicated towards EV and EV infrastructure.
Will be watching the DRIV etf closely here-
- Buyer volume starting to pick up again with a general rotation back into growth
- Sitting right on top of its 50day EMA
- Bullish, looking for a breakout from this channel it's been holding for a while now
An extract from today's Active Trading Plan.
- The Global X Autonomous & Electric Vehicles ETF (DRIV) seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials. This includes companies involved in the development of autonomous vehicle software and hardware, as well as...
Clean Energy Sector
vs Electric Cars ETF
Ratio.
Looks like a breakout.
Makes sense since Superchargers
mostly take from the grid which has a carbon footprint.
Hydrogen plants can use Solar/Wind
for green fuel & can be stored indefinitely.
Need a transitional replacement for gasoline.
Hydrogen Fuel can blend with gas/diesel while we go electric. Wind for Full...
If you're over trying to guess which electric car company is going to be the winner, then this ETF could be for you.
The Global X Autonomous & Electric Vehicles ETF (DRIV) seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials. This includes companies involved in the...
NASDAQ
