Get started

Electriccars

TESLA just made a crucial break-out that few are noticing.Tesla (TSLA) soared last week following the better than expected earnings, an event we covered extensively, and have practically erased all the negativity/ cautiousness that came following the Robotaxi event. However, the closing of last week found Tesla making a crucial bullish break-out that might have gone under most people's radar. The price not only broke the Lower Highs trend-line that started all the way from the November 2021 All Time High (ATH) but almost managed to close the 1W candle above it. Technically this is a major buy signal long-term that targets the final two Resistance Zones (1 and 2) of the Bear Cycle. With the 1W RSI effectively consolidating like February - May 2023, we believe that as last year, the price will now start the 2nd phase of the April 22 2024 Bullish Leg of a potential 2-year Channel Up. We expect Resistance Zone 1 to break and if upon a re-test it holds, our long-term Target of $380.00 should finally be materialized. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLALong
by TradingShot
1
Can a Prancing Horse Outrun an Electric Future?In the ever-evolving landscape of luxury automobiles, Ferrari stands as a beacon of innovation and exclusivity. The recent upgrade from J.P. Morgan, elevating Ferrari's status from "Neutral" to "Overweight," underscores the company's resilience and strategic prowess in navigating complex market dynamics. This vote of confidence, coupled with a substantial increase in the price target to $525, reflects Ferrari's unique position in the luxury sector and its ability to maintain growth even in the face of global economic challenges. At the heart of Ferrari's success lies a paradoxical strategy that defies conventional wisdom: deliberately producing fewer cars than the market demands. This approach, rooted in the vision of founder Enzo Ferrari, has cultivated an environment of perpetual desire and scarcity. With a staggering backlog of 24 to 30 months, Ferrari has not only engineered exceptional vehicles but has also orchestrated an "underappreciated cultural evolution" within the company. This disciplined approach to growth, combined with the power to command premium prices, provides unparalleled visibility into future earnings and sets Ferrari apart from its luxury peers. As the automotive industry races towards electrification, Ferrari is poised to redefine the boundaries of performance and sustainability. The company's foray into the electric vehicle market, promising an "incredible driving experience" that remains true to the Ferrari ethos, demonstrates its commitment to innovation while preserving its core values. However, this journey is not without obstacles. Ferrari must navigate challenges such as an ongoing investigation into its chairman and the conclusion of a key partnership with Santander. Yet, with strong financial performance, positive investor sentiment, and a clear strategic vision, Ferrari appears well-equipped to maintain its pole position in the luxury automotive market, promising a future as thrilling and exclusive as its storied past.
NYSE:RACELong
by signalmastermind
TESLA Can it reverse the ROBOTAXI DISASTER?Tesla (TSLA) plummeted on opening today following yesterday's Robotaxi event, dropping as much as -10% intra day below its 1D MA50 (blue trend-line) and touching the 1D MA100 (green trend-line) for the first time since August 05. The market clearly considered the Robotaxi and the other aspects of the event a disaster fundamentally and the early impression is imprinted on this price collapse. The question on investors' minds is, can the company reverse the sentiment? Well, technically there is a big reason why the price has been pulling back since the September 30 High and that is simple. It has been rejected exactly on the Lower Highs trend-line that started on Tesla's All Time High (ATH) back on November 04 2021. As you can see, this powerful multi-year Resistance has already 5 rejections (red circles) under its belt. But on the bright side, the price has shown clear signs of reversing this long-term and the biggest is the Higher Lows since the January 06 2023 market bottom (the 2nd Higher Low on April 22 2024). On top of that we are seeing the potential for a Channel Up (blue) since the April 22 2024 bottom and is being supported by the 1D MA100. Below that, the last (symmetrical) Support Zone is offered by the 1D MA200 (orange trend-line) and the 195.00 level (so a zone roughly within 195.00 - 203.00). Below that, the recovery potential is endangered to a great extent. So to summarize, there are strong support levels that may cause yesterday's disastrous fundamental sentiment to reverse but most of all, Tesla needs to break above its ATH Lower Highs trend-line. If it does, the first target of the new Bullish Leg should be $380.00 (Higher High on the blue Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLA
by TradingShot
3
Tesla Long - Elon for President?Hello everybody. Storyline: Elon for President? You can bet that Tesla will pump if Trump wins the elections. Besides of that, rising china sales, unveiling the robotaxi etc. pp. There are many things imo which speaks for Tesla while the masses brag about his political views. Market: Decreasing rates, good looking economic data for the US at least. Chart: Keep it simple! Did we create lower low on the weekly? No? Why shouldn't we attack the top 25% of the weekly swing then to confirm that we "really" do wanna go further down. I don't know and it's not in my interest to know if Tesla might even break that prior weekly high, but I do know that we logic wise should attack the top of the swing to either confirm the bearish idea or create even a higher high. Additionally, just as an idea, think of laddering. Look at the higher timeframes how we bounced off major weekly / daily levels and slowly steady climb up. Best of luck!
NASDAQ:TSLALong
by Entropie2020
Investing in Albemarle (ALB): A Strategic OpportunityAlbemarle (ALB) stock has been decimated recently, but this presents a prime opportunity for savvy investors. If you, like me, believe in the future of lithium and electric vehicles, ALB is a stock you cannot afford to overlook. As a leading lithium producer, Albemarle is integral to the EV revolution. The stock is a key component in many ETFs focused on batteries and lithium, alongside giants like Tesla, BYD, Panasonic, and Samsung. With the growing demand for EVs, Albemarle's pivotal role in the supply chain ensures it is well-positioned for substantial long-term growth. Invest in ALB now to capitalize on the future of sustainable transportation. Trading at 65% below estimate of its fair value Earnings are forecast to grow 55% per year
NYSE:ALBLong
by Maximus20000
3
75: BYD to Open Major Electric Vehicle Factory in TurkeyExciting times for BYD as the company announces a significant $1 billion investment to establish a major electric vehicle factory in Turkey. This strategic move is set to help BYD circumvent the recent EU tariffs on Chinese electric cars, creating 5,000 jobs and enhancing their production capabilities to 150,000 vehicles annually. This development not only strengthens BYD's foothold in the European market but also showcases their adaptability and long-term growth strategy. The chart is currently indicating an uptrend, which began after the price successfully reclaimed the $54.80 level. This reclamation has set a strong foundation for the current upward momentum. The price has also sustained above the high of $58.01, further solidifying this bullish trend. Holding above this level is crucial for the next phase of the uptrend. The immediate target for BYD’s stock is the $64.91 price level. Reaching this level will confirm the strength of the current trend and open up possibilities for further gains. Once the stock achieves the $64.91 mark, we can set our sights on the next significant target at $76.75. Breaking through this level could lead to even higher valuations, reflecting continued investor confidence and market strength. On the flip side, if the stock loses its grip on the $58.01 level, it could signal a reversal, with the next major support found around $43.48. Monitoring these levels is essential for adjusting trading strategies accordingly.
OTC:BYDDY
by SeventyFive-Invest
75: Exploring the Electric Vehicle and Copper ConnectionIn the ever-evolving landscape of the financial markets, the intersection between Electric Vehicles (EVs) and copper presents a compelling narrative. As interest in EVs surges, propelled by advancements in technology and a global shift towards sustainability, the demand for key components such as copper intensifies. Recent market dynamics have seen a lack of enthusiasm for EV stocks, prompting car manufacturers to implement price reductions to stimulate sales. However, this move signifies a strategic pivot rather than a sign of weakness, as companies aim to bolster revenues for further investment in the burgeoning EV sector. Crucially, the production of EV batteries heavily relies on copper, emphasizing its integral role in the industry. Consequently, a resurgence in copper demand is anticipated, driven by the expanding EV market and the broader digitalization trend. Technical analysis reveals copper's struggle to breach the 4.12 level, hinting at potential downside movements. Key support zones are identified around 3.37 and 2.83, where increased buying interest in copper is expected. These levels coincide with opportune entry points for investors eyeing the EV sector, as copper targets new highs, with an ambitious target of 6.49. We can see that the convergence of EVs and copper presents a compelling trading opportunity. As the EV market continues to evolve, savvy investors can capitalize on the interplay between these sectors for potential gains.
COMEX:HG1!
by Soldi75
2
Worldwide misunderstanding for Polestar 😄Trading at 87.5% below our estimate of its fair value Revenue is forecast to grow 35.64% per year Trading at good value compared to peers and industry Risk: Negative shareholders equity Has less than 1 year of cash runway Currently unprofitable and not forecast to become profitable over the next 3 years Volatile share price over the past 3 months Polestar has tried everything. Collaboration with Renault to "sublet" production plants (future plant in South Korea). Breakaway from Volvo. Lower prices for Polestar 3 and 4 cars. But nothing worked. The stock continues to sleep, brain-dead. The shorts keep piling up, day after day after day... As a huge investor in this stock, I myself look away. I start buying a China ETF, Porsche, European stocks like Nestlé or Swatch or Zalando or Kering... no one in my entourage can hear about Polestar anymore haha
NASDAQ:PSNYLong
by Maximus20000
3
Fisker $FSR : Buying zone for a speculator?Technical Analysis: Buying Zone for a Speculator! No reversal volume yet, and no previous higher levels have been regained... All my technical analysis is still telling me to wait... however, my slightly 'irrational' emotions are urging me to take a position here and now, haha. Planning to invest 30% of the desired capital in $FSR... another 40% once we enter the 0.93 zone... If the price explodes upward, at least I'll already be in position. If the price falls further, I can DCA (Dollar-Cost Average) on the initial 30% already invested here. I don't like the look of the current chart at all; however, the EV speculative bubble will return, much like the current semiconductor bubble. By 2030, most cars will be clean energy vehicles. By 2035, the first EVs using only recycled cobalt will roll out of Northvolt's factories in Sweden. In short, all of this to say, EVs are the future. Buying today in NASDAQ:TSLA NYSE:FSR NASDAQ:LCID NASDAQ:RIVN NASDAQ:PSNY is like buying NASDAQ:AAPL NASDAQ:MSFT in 1999. I'm not joking. Don't listen to the skeptics and have confidence.
FLong
by Maximus20000
2
China’s Auto Exports Surge 58% to Record High in 2023 The development follows another milestone for Chinese auto exports after they hit more than 3 million vehicles in 2022 and over 2 million in 2021, the report said. The latest record was driven by a surge in exports of new energy vehicles, which climbed 77.6% in 2023 to more than 1.2 million units, according to the report. Overall auto sales in China climbed 12% year over year to 30.1 million units, while output rose 11.6% to 30.2 million units, Xinhua added. Nio: - Trading at 35% below our estimate of its fair value - Revenue is forecast to grow 22.58% per year
NYSE:NIOLong
by Maximus20000
Polestar PSNY: Buy the bottom of the bottom of the bottom.Buy the bottom of the bottom of the bottom. It's the only chance to catch the lowest point in Polestar's history. The purple trendline originates from the lowest points when the volume was at its highest, attempting to force the capitulation of all retail investors and a few hedge funds. If I weren't already fully invested in this stock, it's exactly at the points of the two orange arrows that I would buy in the most aggressive manner possible. At the point between the orange arrows and the purple trendline! And if this support doesn't hold? Don't worry... the stock will collapse like you've never seen before... so, since you're already in a tough spot, might as well give it a shot, haha!
NASDAQ:PSNYLong
by Maximus20000
1