Is DIMO the next XYO?They are a small cap, $60M in circ, but 200M fully diluted. Its DePIN and focused on making all cars smart cars, but seems really similar to what xyo is doing and Dimo also already has like 150k cars participating in their project.
Really this is looking at playing a low cap riding the coattails of a trend. Its almost like DePIN could be to this run what defi was to the last crypto run. If you are not familiar with DePIN, it basically cuts out the middle man and lets users get paid incentives directly for their participation.
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Decentralized Physical Infrastructure Networks (DePIN) is an emerging concept in blockchain and Web3 that integrates decentralized technologies with real-world physical infrastructure. The goal of DePIN is to enable decentralized ownership, coordination, and monetization of tangible, real-world assets and networks.
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For example, sharing your gps data from your car, you could get paid directly, with BAT/Brave browser for example, you get advertising dollars that normally an advertiser would pay to an ad network that the user would never see any of the money and instead, the user gets payouts directly to their wallet for viewing advertisements.
DIMO happens to be directly related to sharing location details and similar metrics and getting paid for doing so, similar to XYO, they have more than just DePIN in common.
Anyway, its low cap low volume, be careful with this one, high risk, but also potential for decent reward. Look for a break out or accumulate along support lines.
Also note that BTC is struggling a little bit where its at right now and also has lost significant market domination recently, for the first time in the last 2 years. BTC pullbacks tend to affect the entire market, but we have seen that it seems many alts are bucking the down trend as traders look for somewhere to put trading dollars as the broad market pulls back.
DYOR, be vigilant.
Auto
LI AUTO EARNINGS CHART HALLOWEEN EDITIONRSI labeled
Trends labeled
this chart is more short term and I included a projection that you don't want to follow exactly as it's just to show an idea and allow me to check back.
Instead follow the price targets and main trend line which is purple.
Earnings sees a lot of stocks move a lot over a SHORT time, which makes a move that brings price down and quickly back up and can set it on the next projection, which ultimately would see it go down based on past things seen.
Fundamentals not included in this chart analysis
This is all ta with an aggressive approach towards earnings, and sometimes highly inaccurate.
Good luck traders
Make sure to view more charts than just this idea.
Per this idea to state it clearly, DROP then BIG up to close price gaps and possibly set a new high, which ultimately takes it down to a lower price and gives it a long term projection of bullish. Again, fundamentals not included.
The ??? is a zone where this chart is highly out of date and I have no clue where it should be or could be heading other than that, the projections extended out show the marked area where you might expect to see the "trends" meet up again and allow the entry and exit prices to actually fit within a reasonable time frame.
Pumpkin included because spooky day theme.
lol, hope all this helps you in your decision with this or at least gives you another view on earnings to consider.
Tesla (TSLA): Stuck in a Range after Robo Taxi rumors fizzledAfter being stopped out on our second entry in Tesla, it's time to take another look, although it has been quite uneventful since the big rise on the Robo Taxi rumors back in July. It was a classic “buy the rumor, sell the news” event, showcasing how markets tend to price in events well ahead of their occurrence. Musk's statement that Cybercab production could begin "before 2027" is also seen as highly questionable, given his history of missed deadlines.
Tesla recently got approval from local authorities near its gigafactory in Berlin to move forward with its three-stage expansion plan. Despite protests from locals, this approval allows the company to start building infrastructure for storage facilities, a battery cell test lab, and logistics areas. All of this will take place on land already owned by Tesla. Whether this expansion will be beneficial or problematic for the company remains to be seen in the coming months.
Currently, we still have our limit order from $177 running, and things are looking alright. To better illustrate the situation, we added a fresh chart of Tesla’s range, which clearly shows the situation. After reclaiming the range middle in July, Tesla briefly dipped below but rebounded perfectly from $183, a critical POC (Point of Control). Since July, Tesla hasn’t made any new higher highs, nor has it made lower lows, placing the stock in a tight range. If Tesla loses the range middle, we could see a drop to $183 or even $160. On the upside, breaking above the range high would be essential for further momentum.
It's crucial to focus on higher time frame levels and avoid getting caught up in short-term news or noise. We’ll continue to monitor Tesla’s key levels and update you if any significant movement occurs. 🤝
CVNA Carvana - Is it on your watchlist?CVNA Carvana is starting to move above the 200 day EMA 'watermark'. As interest rates level off and eventually come down, the consumer will have a green light to make big purchases again. CVNA shows a lot of opportunity (800%?) between current price and all-time highs. Why is Carvana not on your watchlist?
EICHER Motors is around Long term support Eicher Motors is around the medium term support !!
Stock has never broken support working from 2020
Log Chart support is working beautifully and has support around 3500-3600
On a Linear Chart stock has made 2 support and recently short term support working
Linear chart support is around 3480-3520 !!
Stock is Goof until support is intact !!
Thanks !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
IS THE AUTO INDUSTRY ABOUT TO CRASH? FORD TRENDS Uh, okay, so I have zero clue what is going to happen and I didn't see this until now, but if I was trading per my style, I'd be loaded up on puts where I circled. I WOULD THEN ABOSLUTELY LOAD THE BOAT on the retouch. Potentially down to $8 and then probably calls for a short term bounce, which would have me realizing profits quickly in order to keep risk down. I would then be waiting for the next signal.
It's getting so close to crash time per multiple indicators, potentially, according to short term trend alignment which is far from an exact science, however, it shows a small pump of pretty much up to maybe $11, but wow! There is a LOT of downside showing.
Any thoughts on this?
The crash projections say Late Feb/Early March
But this market is moving faster every day, which is outpacing a lot of older traders that aren't able to adapt.
I mean, there is no question it bounces back, but.. how long, and how much, and how fast?
I think there is room to return to nearly $20.
In other words, if it's March, and the price is at 3.83, and you are hearing doom and gloom on the news. BUY CALLS. I wouldn't cover shares, I think the pace will be quite fast on the return for a lot of these stocks.
All in all, if you're still with me, the whole point I'm trying to make is this next crash is a trap, leading into a pump, which will cause "THE BIG ONE"
Trends point to next year early, but the market is fast, and you need to reanalyze in real time, meaning, it could literally happen in the next few weeks. I don't know, you don't know. We can't predict the future of stock prices, but we can use the information we see to swing the statistics in our favor for a successful trade, even if that means being patient and waiting for the right entry.
One luxury carmarker is down 20%, a buying opportunity?Although founded in 1948, Porsche became a public company in late September 2022. Initially, the company started to float on the market with an opening price of €84. However, shares rose as high as €120.80 in the coming months. Yet despite these impressive gains since the IPO, shares of the company began to decline in May 2023, losing about 20% of their value through the summer.
In its recent financial report, Porsche AG Group revealed that its operating profit rose 10.7% YoY and sales revenue 14% YoY in the first six months of 2023. Meanwhile, cash and cash equivalents decreased by 52% (by €2.466 billion to €2.244 billion), and the deliveries went up by 14.7% YoY to 167,354 vehicles, with increases in all sales regions. Based on the report, the biggest demand was for models Macan and Cayenne, with 46,842 and 46,399 cars sold, respectively.
Going forward, the company cited supply chain challenges related to auto parts and their quality while noting that risks associated with gas shortages and the Russia-Ukraine conflict decreased. On top of that, the report states: “The explanations on the liquidity risks presented in the risk reporting section of the 2022 combined management report remain unchanged… The overall conclusion that, based on the information and assessments currently available, a development jeopardizing the group’s ability to continue as a going concern is sufficiently improbable in the fiscal year 2023, remains unchanged."
Based on these and other factors, we consider Porsche shares attractive below €100 (with ideal entry around €90 to €92) for the long term (talking about years). However, at the moment, we believe it would be proper to start only with incremental purchases and leave some capital aside for better opportunities.
Technical analysis
Daily time frame = Bearish
Weekly time frame = Bearish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
TSLA | I Like This Entry Point | LONGTesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
LCID Long after Smart Money Liquidity GrabThe January 2022 pump was a scam to induce more liquidity below those lows. Now we see price went in to eat that liquidity and has aggressively moved up creating a Market Structure Shift. I believe post earnings we will see a rally to $9 which is around the level of weekly imbalance.
Tesla's net income is down 22.6% YoY, down 31.5% QoQYesterday, after the closing bell, Tesla announced its earnings for the first quarter of 2023. The company reported a net income of 2.539$ billion and total revenue of 23.329$ billion. Net income saw a double-digit decline on a yearly and quarterly basis, while revenue declined only on a quarterly basis. In 1Q23, Tesla produced 440 808 vehicles and delivered 422 875 of them. During the same period, the company rapidly grew its energy storage production capacity at a mega-factory in Lathrop and announced a new mega-factory in Shanghai. In addition to that, Tesla cut its vehicle prices multiple times, intending to attract more buyers and get a competitive edge against its rivals. That proved a good strategy, with Model Y becoming the best-selling vehicle of any kind in Europe during 1Q23. The report also states that energy deployments increased by 360% YoY, and solar deployments rose by 40% YoY. In regard to the future outlook, Tesla plans to grow production as quickly as possible. In line with that, it plans to launch the production of Cybertrack at Gigafactory in Texas and reach a total production of vehicles of 1.8 million by the end of the year.
Net income = 2.539$ billion (-22.6% YoY, -31.5% QoQ)
Total revenue = 23.329$ billion (+24% YoY, -4% QoQ)
Total production = 440 808 (+44.3% YoY, +0.2% QoQ)
Total deliveries = 422 875 (+36.4% YoY, +4.3% QoQ)
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
AUTO LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AUTO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LCID | Time to Ride High | OversoldLucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.
Auto>Good project to farm in AI now
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His ath is only 200 MCAP and he's only 16Mc there
Look here please => charts.cointrader.pro