NIO sees a weekly combo 13, but I'm still bullishstill holding 2022 LEAPS positions placed since October.
Electriccars
solo will trend up to $14solo will begin a move up to $14, try planning accordingly
following in $KNDI footsteps
#TSLA - 1D - 16.11.2020Pennant triangle that might aloud the consolidation and continuation of the long term uptrend (purple line). Target 502 USD again.
If not, 400 USD its our first support and uptrend line our second.
Todays session will be crucial to confirm if this patron is respected or not. MA50 acting as a resistance to break today.
Next gen EV batteries will be 1/3 Manganese (E. Musk)MN.v is the *only* high grade Manganese project in North America that has a path to commercialization. Elon Musk recently said that the next gen EV batteries will be 1/3 Manganese. With many EV related stocks hitting fresh highs, the market is yet to notice this junior miner with a very unique project in Canada that has no competition in North America. Drilling since the beginning of October with first assays due very soon.
Aside from its Manganese property, the company has has development and patented viral and microbial mitigation technology that is seeing interest in the US.
Technically, the stock has filled the gap at .28 and presents an attractive entry for scaling in at current levels.
**CAN $WKHS REBOUND?**FULL BREAKDOWN AND PREDICTION breaking down WKHS in this video to see where we might head in the future.
NIO AT $50 11/13. PULLBACK BEFORE EARNINGS?recap of todays trade, as well as where $NIO could go tomorrow and the week ahead
SOLO Looking to Boom? (> 86% Potential Profits)Hello fellow traders,
Today we are looking at the daily time frame for Electra Meccanica (SOLO) on the NASDAQ. As we cab see on the chart, prices rallied almost 500% to peak at around $6.00. Since then, as expected, there has been a massive correction back down to the $2.34 level. The chart has printed a bullish falling wedge pattern.
We now see that a double bottom has played out and prices have bounced off of several EMAs. We have prices trading above all EMAs, RSI above 50, and the MACD giving a bullish cross and moving up. These are all bullish. We can also see that there is some resistance here around $3.74 (0.382 Fib level), but this is expected at each Fib level, and I believe this is just further consolidation before the jump.
It is difficult to give an entry range right now, as we need to see where prices move from here first. As you can see, I have split my entries at $2.71, $3.00, and $3.29 (green lines), but I am looking to increase my position if prices continue moving upward.
Potential short-mid-term targets are at $4.58 (+24%) and $6.00 (+62%). A longer-term target at the 1.0 Fib level would be at $6.77 (+86%). If the high is broken, however, prices could move up to the 1.618 Fib level around $8.30 (+125%). Keep your eyes on this one, as it could be a huge opportunity for a long position.
Let me know your own thoughts and comments down below. Remember to like the post if you enjoyed and check out my profile for more stock and cryptocurrency trading ideas.
Price at writing: $3.62
XPEV reports tomorrowThis is just a wild guess. I assume tomorrow will break only better news as the growth continues. Cheers
I'm long and this is not advice in any shape or form.
Is NIO a buy or sell ?I think we saw some profit taking, and some bears trying, but in this video I go over some key levels we will need to break for upside or downside. Also from my DD NIO is going to crush earnings is $TSLA barely made theirs. Make sure you are watching theses levels and If you play earnings make sure you set yourself a straddle or strangle position.
BMW buy now for 200% in 2022.Montly
Downtrend and retest SR level from below.
Price clearly in ABC ELliot Correction.
It is obvious that price is on 0.618 FIB level = Ideal moment to long.
There is 2 11 years cycles.
And if you compare you will see they both ended on Fib 0.618 correction and trend continuation
Weekly
reversal after corona
Daily
Uptrend already corrected on FIB 0.618
Need to be bought for long.
I await from 2021 and 2022 BUM of EV vehicles and BMW will lead it in Europe = Boost revenues and fast uptrend.
Strongly recommend to buy now as much as you can
OPEN 62Euro
SL 45 Eur
TP 1 130 Euro on 2022y
TP2 180 in July of 2023
Zero revenues and a lot of fishy stuff going onCurrently at $7 billion valuation but with zero revenues. Going below $4 soon imo
Entry into NIONIO looks like it's bouncing off the 50dma and breaking out of a bearish pennant. Bearish indicators previously on MACD but that looks like it's shifting to bullish. Bought the 1st bounce @$27.60 and I'll buy again if it breaks $28.30
****This information is presented for discussion only and does not represent advice to buy or sell a security.*****
Is Tesla Tired?Tesla has obviously been a major growth stock in 2020, but the chart may be showing some fatigue 12 months after its blistering rally began.
First and most important was the muted reaction to Wednesday’s better-than-expected quarterly report. The biggest takeaway seems to be concern about another capital raise more than the results. After all, TSLA has yet to reclaim its previous highs from the last stock sale in early September.
Next, MACD has trended lower ever since its euphoric peak after the stock split. That suggests momentum is powering down.
Third, you have the 50-day simple moving average (SMA) and upward trend line starting in late June. TSLA’s on pace to close below both today for the first time in several months.
Finally, volume has been waning as the range tightens. This creates the risk of a stampede out if stop losses begin to trigger.
One last potential issue with TSLA is the relative strength in other names like General Motors and Ford Motor . There’s a growing sense that 2021 could bring strong auto sales (given the average age of existing vehicles). If that happens, we could see a rotation back to traditional names.
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TESLA to the MOONWaiting for breakout of this ascending triangle could break right through resistance at $460 and retest ath at $503... If tesla can hold above $406 im bullish support at $406 break that we are going down to $353... possible short opportunity after earnings
NIO is consolidating..NIO is back to consolidation mode!
As you see on the chart we saw
1. The first huge climb from 17-22
2. The consolidation for a few days
3. The breakout from 21-29 and change
I think based on this chart that NIO will trade sideways for a bit and if there’s no Washington style take down of the markets with no stimulus passing or any election related volatility, NIO will pop once more toward that 30-35 maybe even 40 level!
Currently the PT for NIO is between 32-40 set by JPM and BAC. Analysts predict that NIOs future PT is way above the 300 level. (Super bullish)
I’m excited on seeing NIO stock unfold! Let’s see how this unfolds!
Last but not least: I would avoid calls or puts for the time being as I forecast a sideways action remainder of this week at least. If you were to want to go in right now I would look for end of Nov expirations. I would also cover my calls with puts in case election volatility throws NIO a curveball.
If you’re long stock wise, it’s a great price to buy! Simple as that!
$DSGT is looking healthy and interestingA non-paid-for-article was released by Microcap Daily providing a bullish outcome on this potentially explosive stock.
microcapdaily.com
NIO forming a bull flag/pennant above break out zoneNYSE:NIO is forming a bull flag above a previous break out zone. The volume patterns are also bullish as there is higher volume on days where the stock closes higher rather than on red days. A break out of this flag can see NIO go to 24-25
Volume is picking up - possible explosive move upWith the recent news on the Skywell partnership, the introduction to an EV pickup and SUV in the North America region, we are possibly going to see this stock move into the explosive EV hype mode very soon.
Do your DD - good information on the stock here:
www.facebook.com
WKHS break out on good volume. Can test ATHWKHS broke out of its pull back on Friday. The pull back was a good retest of the previous highs set in July. Now WKHS seems ready to test ATH. Volume has generally been higher on green days which is bullish. Stop loss can be 22.50 or under 23.50 depending on risk tolerance. A morning dip would be an ideal entry tomorrow morning. I'd avoid buying right at the open if it gaps up.
TSLA range bound, but break out to up side is more likelyThe overall trend for NASDAQ:TSLA is up, so a bullish bias is needed here. It is currently in consolidation mode, but I expect that it can break out to the up side. No position for now.
Is Tesla Trying for a Triangle Breakout?Tesla soared in August and consolidated in September. Now it may be poised for a breakout.
As we highlighted on September 25 , TSLA was forming a triangle with potential for a move toward $440. That panned out last week and the stock has gone nowhere since.
But Elon Musk’s electric car maker could be doing some important work along the way.
First, TSLA is trying to break the downward trendline marking the top of its triangle. It’s been holding its ground above that line for the last week. Is old resistance becoming new support?
Second, TSLA has managed to stabilize above its 21-day exponential moving average (EMA). At other times lately, it knifed below that line.
Third, that calmer range of movement has squeezed its Bollinger Band Width to the narrowest in over a month.
The backdrop may remain positive for TSLA in other ways. Politically, EVs are favored going into the election. (Other big techs could face modest antitrust risk following Tuesday's Congressional report.) Fundamentally, TSLA’s business remains in a strong spot with exposure to Chinese growth and signs of deliveries still surprising to the upside.
Traders may want to watch the current tight range and potential triangle breakout. Could TSLA melt higher into its next quarterly results above two weeks from now? (The official release date hasn’t been announced yet.)
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