Summit channel break + New bullish trend line What is the right decision to buy or wait for confirmation of the new bullish trend?
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
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!
Good looking 4 hours chart, plus big buying of the December 15 calls.