General Motors to ChargePoint Trading at Bearish Shark PCZI think that these two stock will trade in opposite directions to each other, so I am tracking the ratio between the two stocks, and it looks like General Motors has just about hit the limit to the amount of ChargePoint shares it will be able to buy, and so I expect a decline in GM price and a Rise in ChargePoint's price from here.
Chargingstations
Legrand (LR.pa) bullish scenario:The technical figure Channel Down can be found in the daily chart in the French company Legrand (LR.pa). Legrand is a French industrial group.
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 Down broke through the resistance line on 19/04/2023. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 6 days towards 87.50 EUR. According to experts, your stop-loss order should be placed at 78.44 EUR if you decide to enter this position.
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$BLNK: Bullish Deep Gartley w/Quadruple MACD Bullish DivergenceBlink Charging is trading within a Falling Wedge and is at the PCZ of a Bullish Deep Gartley and a POC with 4 Levels of MACD Bullish Divergence. If it breaks out, I think it will see the top of the trading range, but I do think it could even see $150 if the $64 Resistance is broken.
BLNK | I Spy an Insider Buy! | BounceBlink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based system that operates, maintains, and manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offers property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and provides EV drivers with station information, including station location, availability, and applicable fees. In addition, the company provides EV charging hardware, software services, and service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through direct sales force and resellers, as well as sells residential Level 2 chargers through various internet channels. As of March 10, 2022, it deployed approximately 30,000 charging ports. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.
BLNK Earnings move predictionBLNK has been trading in this range since April. It looks like it wants to come down and test the green trend line, but since earnings are after hours, it could end up running throughout the day. Ultimately, I think it will move down $3-$4 for earnings, unless it closes down a large amount beforehand. Total revenue is going up but operating income is getting worse each quarter. I believe future outlook for the next quarter will be cut. I'm keeping this on high watch tomorrow.
CHPTWouldn't mind picking up some shares here for the long term hold. CHPT is deciding where to go and recently fell due to the secondary offering which closed yesterday, but CHPT and EVs are the future... especially when you have a US President like Biden who is pushing spending for building infrastructure and when climate change is really starting to take a toll (I'm looking at you, 120F degree temperature in Portland.. flood in Germany.. CA yearly wildfires.. and this one hits close to home, snowmageddon in TX earlier this year.)
Also, biggest charging station infrastructure in Europe.
$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
IINX - China - Battery and Solar - Expanding to EV - The KingCHINA - Battery n Solar - They are expanding to EV charging station
2020 - Big increase in Sales
2020 - Minus but prior was Profit
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 update, nice channel up SBE on watch, sitting at the bottom of a channel with lots of upside room to run, under 33.90 could be trouble short term.
important things to keep in mind
1. possible democratic senate
2. push to clean energy with Biden
3. merger with charge point
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!