Long
ACTC breaking out of downtrend PT $23.5
ACTC - Current Price - $18.45 Price Target- $23.50
Options - $15c 4/16 ($345 cost, 0% till breakeven), $12.5c 11/19 ($660 cost, 3% till breakeven)
Waiting for this one to break out of this clear bullflag its printing. As I have said before Proterra which has merged with ACTC is set to get a huge portion of the new government contracts and budget announced last week by Biden Administration. Proterra is the leading US producer of EV busses (for public transport). They have the first moved advantage in the market which should lead them to profitability before most other EV makers.
Options - $15c 4/16 ($345 cost, 0% till breakeven), $12.5c 11/19 ($660 cost, 3% till breakeven)
Waiting for this one to break out of this clear bullflag its printing. As I have said before Proterra which has merged with ACTC is set to get a huge portion of the new government contracts and budget announced last week by Biden Administration. Proterra is the leading US producer of EV busses (for public transport). They have the first moved advantage in the market which should lead them to profitability before most other EV makers.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.