Cars
The potential for CARS.ComWe are looking for entry at retest $8.25 (limit buy)
1) This condition would be met if Stochastic is trending back upwards (buying the pullback on an uptrend)
2) Good bull volume, after consolidation; something compelling to make the move
Stop Loss $7.66
Target Sell price TIER 1 - $11.12 34% winner!
Target Sell price TIER 2 - $13.49 63.5% Winner!
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
Tesla. Lost of Momentum.Unlikely to trend upwards in short term.
Bulls of Tesla, beware. Good price level to dump stock and take profit.
There will be opportunities to long Tesla, at a lower price level, but not now.
Tesla is a great growth stock. Current price is relatively "Fair", but this is not a level that I would consider buying at.
Daimler Long (2 Year trade)As Clearly seen in 2009 de dip has been en now we can go back up, it is a long term trade for 2 years.
Tesla (UPDATE)Tesla is now officially in bubble territory as it breaks above the major rising wedge pattern that has formed over the last decade (should be confirmed by the end of this week). Essentially, the stock price is going parabolic, similarly to Apple's stock price. Keep in mind that this means two things: 1) the stock price will see parabolic price movements in the coming months; 2) the resulting consolidation on the weekly chart will likely result in a multi-year bear market with heavy losses for most market participants. So, my outlook is bullish short-term (6 months) while bearish medium (2 years) and longer term (5 years).
My previous Tesla trade ideas:
PS. If you find my charts and comments useful, be sure to follow me on Twitter where I post more frequently.
NEL ASA (Part of my hydrogen portfolio)Definitely a long term investment for every portfolio size.
Fundamental:
The Company delivers solutions to produce, store and distribute hydrogen from renewable energy. Nel ASA serves industries, energy and gas companies with hydrogen technology. The Company’s hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing fuel cell electric vehicles with the same fueling and long range as conventional vehicles.
They working on a new processing technology which will reduce the manufacturing costs drastically.
It is just a matter of time that big car companies will produce hydrogen vehicles in mass. NEL ASA provides the hydrogen technique.
Financial Q3 showed a revenue rise.
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Technical:
Upward trend.
Bollinger Band: Long
Sochastic RSI: Long
Moving Average(100):Long
TESLA Triangle Formation Tesla has been in downward moving channel for 30 weeks. If Tesla delivers a record number of cars in this quarter, the stock will have significant upside potential. There is also 7 week triangle formation in the making. Triangle can be both continuation and reversal types. I believe if tesla delivers in this quarter, stock will move up. I am planning to invest around 219$ and my initial target is 244$(11%). My stop loss will be 181$(20%).
Miss IndependentCommand Economies and all that Shizzle
There is something about all that fiscal spending that we love...Communism at it's best? To many of us in the West, we're seeing a similar emergence by a similar party: " Green New Deal? " Maybe!
No, I'm not talking about Cow Farts! I'm talking about Airplanes, boats, and car Farts! But Especially Snuff electric cars! No longer will China need or develop gas-powered infrastructured gas stations, all they need to do is to build a battery-powered silk road! But is it good? Depends. How bad do they want it?
That's the problem with a Command Economy.... if I produce 2 oranges, I will have no apples. Can we have both? No, Miss Independent, you may not.
Despite the negative criticism of NIO, I am long on Nio. This is one of the first car companies that actually have a nice design, semi-good engineering, and tech that's based out of China (Golden Dumpling)! All integrated into one! And on top of that, I'm also stuck in this bias trade ( do not kill me! )
Let's look at the goods...
Time Frame: 1M 1H for NIO (you see what I did there?!)
RSI tends to be oversold. Hanging below the 45 suggest that we might have a run-up, considering an RSI resistance level of 50 might need to break for an upward swing.
Liquid 20 suggest that we are in a downward trend, however, as the RSI rises so will the Trend Line.
As for the MACD? it's drunk. But sober times seems to be emerging! can we converge and then cross to the upside?
Lets, go CHIIIIIIIna!
Disney breaking back down?I am looking at $100 to $104 to re-buy at lower levels.
Disney has been consolidating forever, maybe years whether it's ready for moon, or not, has yet to be determined. Either way, we should make a large move soon though, of which I plan ON capitalizing on it.
***PM me to join my free trading group where we discuss all of this in the open :D
Just PM me for an invite
Daimler is getting ready for a buy
In my opinion, Daimler DAID is at a good buying area at 57-58€. The new designs are great, the partnerships are good and the future outlook is also pretty stable.
15% Stop loss and at least 30% target.
So lets see where this might go to
May the markets be with us.
follow me on twitter @derfreietrader
GNTX: A Leader, Stable & Resilient Smart Car Play; AMAT Alt IdeaDuring CES 2018, I was on a mission to hunt down companies that exuded a sense of advancement, foresight and trend setting. Gentex was one such company that I'd never heard of, but given their gorgeous expo display, helpful reps, consistent crowds and the shiny Land Rover sitting idly by, I had to investigate. They are an absolute market leader in rear view mirror tech and other sensor/camera/material plays that integrate into the Smart Car sector. Gentex is NOT a company you trade, nor really pay attention to unless you're an institutional player in the sector. Trend lines show steady growth with a nice, higher trend coming out of 2017 that has held for the most part in 2018, but it doesn't really matter. GNTX is a stud that I find recommending if people are fans of AMAT because of the stable, consistent trends. It won't breakout without some outstanding news, but it also won't drop hard during a period of volatility.
GNTX has an amazing market position, solid financials, competent leadership, lucrative R&D and powerful partnerships moving forward. Not a lot of coverage can be found for it, but anyone taking a peek has come to the same, humble, steady conclusion. GNTX is a good money hideout and long, LONG term investment as the Smart Car sector plays out. Excessive fragmentation and regulation is crippling the data portion of it, but GNTX is participating in a more tangible and familiar area.
Class-Action lawsuit 'potentially' may make this sky-rocket.Lawsuit via BARNA, soon to be issued starting April 9th, claims that $CALI has 35x times the current assets NOT kept with the company.
If the lawsuit wins there's a potential upside that $CALI goes to $102's / $103's per share.
If there's a settlement, then say 50% of this, then $CALI is in $50's
EITHER WAY, it's up.
And from 2016 --> 2018, $PT goes up yet Market Cap goes down? Where did the money disappear to?
This is why there's a class-action lawsuit happening.
BMW make it or break it After the big hummer for german auto industry last year, we escaped downtrend. The recovery however is shaky and for the better part of the year we were under mid of the pitchform.
Earnings might help BMW above the redline or break below the pitchfork range. Keeping an eye on general DAX preformance too.
Good luck and happy trading.