Tesla buying opportunityI like the setup still overall. Looks like its moving towards a wave C. Watching for an impulse up and correction to buy or if its looking like bottom in 5th wave. potential bottoms ~1460 or ~1450. count invalidates ~1420 and looking for a change in count. This impulse is based on a weird wave 1 so its not a perfect setup but I like it.
Electric
Trump, China, Australia, Pentagon, REE's 14.000% profit: wake UPWe live in a technology driven society today, where new innovations are environmental driven. Most politicians now believe that the new economy will be 'green', with machines that run on electricity either from harvesting sun/wind/wave/dams. The oil age has peaked, probably some years back already, as smart-money has moved out of it with new investments. The shift from oil to green carries with it new needs, as for example new engines, where REE (rare earth elements) is crucial. These REE's are not as rare as one would perhaps think, but the type of ground it lies in, depth and concentration is the factors that decide if it is worth starting a mine to extract it. Today China has had an almost monopoly of this market. Now we write 2020 and the need for these REE's is only increasing day by day. Not only is the pressure on getting access to these metals due to limited supply building, but as China is being seen upon as a threat for most western countries, their allies and neighbours, there is a new urgent need to find alternative supply chains outside of China. Without going to much into the politics around international trade and how monopoly can be weaponized, it should be easy for anyone with access to daily news to see how it keeps escalating, and the stress countries like Japan, Germany, USA, Taiwan, Australia etc. are facing. COMMERCE RESOURCES in Canada, is a mine with what seems to be the one with biggest potential in any country looked upon as allied with USA,EU and AUSTRALIA. With proven drill samples showing high concentrations of REE's needed in our green shift, easily accessible and the right type of rock it's in. Commerce resources has captured the attention of the Pentagon and EU. Commerce resources has for years worked on its drilling, mapping, road plans, agreement with local Inuit tribes, researchers on mineralogy, extraction techniques, separation efficiency and profitability of the project. Now combining this work with today's political climate and the increased needs for these resources, you have what can look to be the investment of a lifetime. Using today's REE prices that are actually not historically high, the mines resources in the ground is valued to about 2.2 Billion CAD (Canadian dollars). There is 50 million share out today and it is traded at 0.3 CAD THIS MAKES THE COMPANY WAY UNDERVALUED AT ONLY 15M CAD. If one uses today's REE prices and the 50 million shares as basis, the price target is at astonishing 44 CAD. Ask yourself this: where is a good time to invest into a project like this? 0.30 CAD ? 3 CAD ? 30 CAD ? Many books has been written about what is called ONE HUNDRED BAGGERS, meaning investments that can give you 10.000% return on your investment. Here you have one served you on a silver plate.Do your own research and discover the truth in what I write. Buy now, then share this facts with the ones you love and friends. This REE money train just started rolling. Good luck to you all, stay safe and be patient.
www.commerceresources.com
www.bloomberg.com
en.wikipedia.org
GE is my blue chip for the decade and here's why...This is NOT investing or financial advice. It's my opinion but a damn good one. Cheers.
GE isn't going anywhere. It's here to stay so let's just end any of that nonsense.
COVID IS GOING AWAY. A VACCINE WILL COME. PEOPLE WILL FLY!
Anyways,
Anyone watching what $tsla is doing? Insane? Yup!
Electric cars are the future. I mean it only makes sense that we move from gas to electric. Right?
Exactly. You see where I am headed with this... GE.
Check out this article:
Electric cars, of course, would help GE's bottom line. The company sells the WattStation charging station, but also transformers, smart grid equipment, sodium sulfur batteries and all those other components that will be required to beef up the grid for electric drive.
www.greentechmedia.com
History says this is the bottom and over the next few years this has the potential to double. I mean it could overnight when a vaccine in delivered.
Either way... this is my retirement plan. GL. Cheers!
FE, $39.92 MA MACD Histogram just turned positiveThis is a Bullish indicator signaling FE's price could rise from here. Traders may explore going long the stock or buying call options. I identified 48 similar cases where FE's MACD histogram became positive, and 32 of them led to successful outcomes. Odds of Success: 67%.
Constructive PatternThis company went through hell with the wildfires and subsequent lawsuits over the last year or two, but now seems to be coming out of that.
I like this price action and think this is a good value.
Note: We MUST hold above $7, otherwise it'll most likely roll over. We are going into high fire season which is a risk, but I don't think this company is going anywhere, and if we break above $15 it would signal a big move further.
ULBI 50-day MA moved above its 200-day MA on June 25, 2020Tickeron AI shows that this price move may be construed as a buy signal.
A buy signal is indicated by this change in price, due to the trend repositioning higher. In 3 of 3 cases where ULBI's 50-day Moving Average crossed above its 200-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 90%.
Range Building For Longterm. (GE)✌ You're going to want to play the edges of the expanding range and align the Crossover strategy/ the ema dots at those point of reversal or breakouts.
Focus more on the range edge vs the horizontal support and Resistance levels.
Either of these breaks should result in a longterm position for play. The green support on the range is very critical and must hold as a long term support level.
Tight stoploss for reversals.
Best of luck, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
GE More Down Side to Come (Revised)General Electric Company (NYSE: GE )
What is General Electric Company:
Is a diversified corporation and will its products include from electrical and electronic equipment, aircraft engines, and financial services.
JesusTrades Score:
Sell
Scale Score:
Risky (8/10)
Portfolio Hold:
1 month
TESLA idea correction, Short position at the moment.The stock had impressive QEarnings, being the only car company having profits.
Yet several things happened, Elon Musk Tweeted that the stock was too high, made a drop in the price, a spike rejection on the 860 Level, David Einhorn tweets hinting that the reports may not be 100% true, reports show the value of Tesla to be close to BMW , overvalued at the moment.
Tesla is fulfilling orders in 2020 from 2019.
Some people may think twice now before buying a new car.
Company of the future, YES!!! no doubt...
But right now has to deal with problems like everyone else.
May is coming, second wave of Covid-19 is possible and above all, we have again a USA-CHINA trade war.
This may bring implications with Tesla.
Trade safe, cheers
GE Grind Up Could Be EndingGeneral Electric Company (NYSE: GE)
What is General Electric Company:
Is a diversified corporation and will its products include from electrical and electronic equipment, aircraft engines, and financial services.
JesusTrades Score:
Sell
Scale Score:
Risky (8/10)
Portfolio Hold:
1 month