Legrand (LR.pa) bearish scenario:The technical figure Channel Up can be found in the daily chart of the French company Legrand (LR.pa). Legrand is a French industrial group. It is one of the world leaders in electrical and digital building infrastructures and connected solutions. Legrand is established in 90 countries and its products are distributed in nearly 180. It generates 85% of its sales internationally. The group has expanded its product range in sustainable development and energy saving technologies, and has developed new products for EV charging/electric vehicles, lighting control and datacenters. The Channel Up broke through the support line on 23/12/2022. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 17 days towards 71.80 EUR. Your stop-loss order, according to experts, should be placed at 85.88 EUR if you decide to enter this position.
Legrand, a world leader in electrical, digital infrastructure and connected solutions, has announced its acquisition of Encelium, an Ontario, Canada-based manufacturer of advanced commercial lighting controls. The acquisition of Encelium brand and products, which takes effect immediately, comes as part of Legrand's ongoing global strategy to further strengthen its position in the commercial lighting control sector. A leader in this category, Encelium is already an integral component within thousands of buildings, supporting the needs of occupants, tenants, and facilities managers through people-centric lighting and energy efficiency.
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Charging
Buy DCFC TritiumLovely looking monthly chart here on this recent electric charging ipo on the nasdaq. The three monthly candles of Jan, Feb and March show a very nice bullish pattern.
Biden ramped the hell out of this one, when the management met him and he talked about it in his press conference right up to $20 in one day before profit takers stepped in. Nice one to buy at 8.8, hold and forget about for a few years. Expect this one to grow a lot.
$CHPT sniper edition #3*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My teams trading history with $CHPT is nearly perfect. Somehow we just always seem to get this one right. Our average price per share before averaging up today was $20! (View previous postings for details)
My team averaged up on our position today at $23.29 per share bringing our share average up to 21.11. We have also lowered our take profit 2 from $42 to $32 per share.
1ST ENTRY: $20.7
2ND ENTRY: $19.35
3RD ENTRY: $23.29
TAKE PROFIT 1(HIT): $28
TAKE PROFIT 2: $32
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$CHPT my team is up 40% we keep winning*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team was extremely successful in capturing massive gains from $CHPT this year during its June rally. We exited $CHPT capturing most of our gains at the top and have been sitting on the sidelines since, but on Friday 9/10/21 my team opened a new position in $CHPT at $20.70 per share. We also had a buy order at $19.35 which was activated a couple of weeks ago.
My team had set our first take profit at $28, but we were able to exit pre-market at $28 this morning capturing a 40% gain.
Going forward my team will be looking for further entries so that we can accumulate more shares before we hit our take profit 2 later down the road.
Congrats to those of you who this this trade with us!
1ST ENTRY: $20.7
2ND ENTRY: $19.35
TAKE PROFIT 1(HIT): $28
TAKE PROFIT 2: $42
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$TPGY EVBOX The Forgotten Charging Network (150%-200% Potential)EVBox remains the top charging network in Europe.
EVBox has the approximately the same revenue in 2020 along with equal 2021 revenue projections to that of $CHPT ChargePoint (Trading at $35+)
On initial announcement of the reverse merger, $TPGY EVBox exploded to $30+.
Being received as a favorite from major Media Analysts from Jim Cramer and many others...
EVBox will remain a heavy hitter in the charging network and has plans to rapidly expand their already impressive Charging Network... Potentially Internationally.
Investor Presentation: www.tpg.com
CBAT Day/Swing-Trade IdeaCBAT's descending wedge trend has reversed into an up trend.
Little resistance is expected until it hits the $6.02 local fibonacci retracement support/resistance level.
A day trade may be possible from $5.50 - 6.02 range.
*Note - Prices tend to peak between 9:30 AM and 11:30 AM EST historically (See Chart).
A swing trade may be possible from $5.50 - $7.24 over the next week.
WATT Potential Over-Correction BreakoutWATT (Energous Corp.) Identifying the primary breakout levels indicates a high probability for a breakout event beginning on 21/3/8. WATT has had two prior breakout events at the 3.80 level, first on a descending trend and second on an ascending trend, with a high peaks realized following descending trend lines (Over-Correction). The current scenario is occurring on a descending trend line at the point of uptrend reversal. Other factors include the ongoing market correction that caused a steep down trend to occur last week. This increases the probability for an over-correction up to approximately 4.33 (+/-) in the up trend.
Full disclosure, I currently have no position in WATT so this projection just my unbiased opinion of a probable movement, based solely on previous performance.
Switchback Energy - two possivle routs - Q1Switchback Energy - two possivle routs - Q1 - depends if it can break out on top of the tirangle or will make a second round to build a bullish flag.
SBE lagging behind the Energy sectorElectric Vehicles and Energy should get a nice boost this week, With Biden announcing to accelerate transitions to EV's and creating more charging stations, this could be the news that helps SBE pick up and build some momentum. Watching for breakout of 36.20 and retest to ATH at 44.36. Merger with Chargepoint is expected to be soon as well!
SBE Bull Pennant... BUY NowSBE getting ready for another leg up, bullish with EV hype. Watching for a breakout of this pennant, seeing a move back to ath and possible new ath coming.
Key levels to watch
Resistance: 39.74, 42.32
Support: 34.10, 30.86, 27.76
Energous wireless power using nanocrystalsWATT has Intellectual Property for high growth, sales and issue is cash flow and time to profitability, as well competitive players which a couple exist.
Watch for weekly candles, MACD cross (blue over orange), and CCI crossing 0. Volume would also be a good signal on this one for cash flow.