DRIV with renewable energy and technology shares will grow until next summer. Then wait for more with the new support/incentives from government
DRIV has consolidated in a rectangle box for several weeks and just breaking out. RSI confirming. Good for Tesla or perhaps this is moving bc of TSLA
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...
not much progress last months. Can make the argument this is consolidation & accumulation. We'll see.
EV sector looks to be setting up for another bull run. Bounce off MA20 on weekly
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...
Plenty of buy volume recently, bounced back into the wedge. let's see how it plays out.
This will be interesting to see where these dojis push it here.
Not a single day's close below 16.74. goo.gl There's a support we can really trust!