Electriccars
Tesla’s Flying. Don’t Forget About NioTesla has been on fire since bouncing at its 200-day simple moving average (SMA) four weeks ago. It’s had a series of upgrades, including Credit Suisse today. The surge is pretty amazing when you consider it’s happened despite a collapse of gasoline prices. This shows that the electric-car story is very much intact.
But TSLA’s not the only show in town. Its smaller Chinese peer, Nio , has also been parked at its 200-day SMA and is just now showing signs of acceleration.
The weekly chart just had three consecutive inside candles, which have revolved to the upside. This is important because NIO is extremely volatile. It had a huge surge in late 2019, followed by a big drop. That trio of inside candles suggests it’s calmed down and may be ready to start trending again. Today it’s breaking the highest of those three candles around $3.07.
Fundamentally, NIO has had issues with coronavirus impacting demand and production. But more recently (April 7) the company reported a doubling of March deliveries.
NIO- Long-term bargain price is within the grasp. Don't miss it!Please click like and follow me if enjoy my posts! :)
Due to the whole market meltdown, NIO has retraced back to Fib 0.786 lvl early this week. However, it has since then rebounded strongly and is currently fighting the resistance lvl.
Barring the continuing worsened market condition, I believe NIO's distribution cycle is nearly over. The current bargain price is hard to pass up despite the unfavorable external environment. The prudent approach would be to determine the total amount you want to put in, then use the pyramid method to scale in slowly as the price moves down lower.
I would grab my cheap shares of NIO if the price falls inside the buy zone and set the tight stop loss if the price falls below the buy zone.
*Dow, Nasdaq100, S&P500 and S&P400 are all still below SMA 200. SPX 50SMA/200SMA crossover seems imminent.
*Futures market seems indecisive. Dow and S&P500 are up while Nasdaq is down.
*GDP final and initial claim filing figures will come out tomorrow. Both reports may have the negative impact on the stock market tomorrow.
*Manufacturing related economic indictors may have the impact on NIO so it is worth to pay attention to them as they come out.
*COVID-19 growth factor slows down for the first time since Mar.11. Yesterday's growth factor was 0.86 (Below one means the exponential growth slows down)
DYOR! Not an investment advice.
Green portfolio: $FMCLithium stocks $FMC and $ALB are a significant portion of my portfolio - I expect the demand for this metal to increase manifold in the next 2-3 years. Good point of entry at the bottom of upsloping channel.
Bearish on TEN until Golden cross commencesTEN has surprised the traders once again with a break through the short downtrend, retracing back to support, bouncing and making 5% gains on the daily. However, with quarterly earnings on the horizon, I don't see these gains sticking around very long.
We are still in a major bearish downtrend, with GM layoffs looming, tariff rates, and the forecast for a recession upon us, for myself to feel any worthwhile investing in such asset. This asset, as well, is not going to trend fairly when companies start automating electric vehicles; since electric vehicles do not require an exhaust system.
I will be keeping an eye out for earnings and go from there.
NIO- You may have missed Tesla's run, but you still have NIO!Ready to buy on the dip?
NIO suffers from the same issues that Tesla has... Production capacity and profitability... But it benefits from the same hype- EV is an emerging and environment-friendly trend. Furthermore, China is the biggest EV market and only 2% of the market is tapped.
Tesla may have the first mover advantage, but NIO enjoys the recognition of the homegrown brand in China.
Let's take a look at the technical analysis.
Impulsive wave cycle has recently run its course and, I believe the distribution is currently underway.
The price is stalling at Fib 61.8% and POC, Kijun and bollinger midlane are providing the temporary support on the daily timeframe that I suspect will only hold for so long.
The reason being that the volume has been on a sharp decline as the price went up and, the potential ascending H&S is looming on the horizon.
Based on the confluence of Ichi, multiple fib lvls, swing highs/low and VPVR, I believe $2.50-$3.15 is the buy zone we should watch out for.
This is not the financial advice so please do your own research before you dive into NIO as it has been acting quite volatile lately.
Please click like if you enjoy my analysis :)
CNRG is the best-performing clean power ETF over its lifetimeI'm highly interested in energy right now, but in the long term I'm just really worried about the oil and gas industry. Thanks to Swanson's Law, the price of solar panels continues to fall. Battery technology is also rapidly getting better, and we seem to be witnessing the mainstreaming of electric cars. According to FactSet, the "Independent Power and Renewable Electricity Producers" segment grew its earnings by an astounding 138% last year, making it the fastest-growing segment of the market. That's why I decided it's time to get in. In planning my entry, I compared nine clean energy ETFs to see which one offers the best performance over time.
The second-best performer was QCLN, a passively managed FirstTrust Green Energy ETF. The reason this fund has done so well is its high exposure to Tesla, which comprises 10% of its holdings. That worries me, because Tesla's current valuation is extremely high at a forward P/E of over 70, and QCLN's forward P/E is accordingly also pretty high at over 24. It also has a pretty bad price-to-cash-flow ratio of about 13, which makes me worry about the financial health of the companies in the fund.
So I was glad to find an even better performing ETF that's at a more attractive valuation: CNRG. CNRG, an SPDR "enhanced strategy" fund, is only about a year and a quarter old, so there isn't a ton of history to go on. During that time, however, it has handily beaten QCLN. Also, the fund's valuation is better by pretty much every metric, with a P/E closer to 19 and a price-to-cash-flow of about 10. That's still high, but it's more defensible than the QCLN numbers. Both funds pay about 1.2% in dividends. CNRG's largest holding is micro-cap fuel cell maker FCEL, which has rallied since a huge earnings beat last quarter. Exposure to FCEL could make this fund a lot more volatile than QCLN.
Here's CNRG compared to QCLN:
And here's CNRG vs. the S&P 500:
Is Tesla Powering Down? Fibonacci Says MaybeTesla's been riding one of the most powerful short squeezes in recent history, more than doubling in short order.
Its last earnings report in October was the spark because the electric-car maker finally overcame big manufacturing problems. While its popular vehicles were never an issue, logistics and manufacturing were an Achilles heel. Now that they're fixed, bears have been running for cover.
But how high can it fly? Some Fibonacci extension lines indicate TSLA might tap the brakes soon.
Let's use the latest daily bull flag December 27-31, with a Trend-Based Fib Extension. Going from the bottom to the top of the flag, it projects a target level around $489 based on the 261.8 percent extension.
TSLA also began the New Year with small gaps on January 2 and 3. Those might look like exhaustion gaps for some technicians.
Finally, the stock is approaching the big round number of $500 which could potentially become psychological resistance.
While there is no telling what happens next with a short squeeze like this, traders looking to buy new shares should know about these levels.
This is why you don't join a crowded shortPeople love a good comeback success story. "Every one bet against it but it proved them wrong" "Little guy really showed the big bullies".
Reality has a word to say, these stories are rare and 99% of the time there is no magical epic prove the mean bullies wrong comeback.
People just always want more "epic comebacks", more "faster sprinter" (that take more drugs), more "big hooooge monstruous bodybuilders" (that just take more drugs and look ridiculous), more coffee, more drugs, more stimulation, more flashy colors in their tv shows, more sugar, more taste, more dopamine rush, more porn, more extreme porn lmao.
The entire world is just a bunch of drug addicts "uuh coffee isn't a drug how dare you criticize my strong addictive warm dark liquid psychoactive CNS stimulant".
Tesla is stupid. Plain and simple. So many pro's know this that they are willing to pile up on an overcrowded short.
Sadly they forgot about Robinhood warriors. Doesn't matter if a company will never be profitable. Gullible novices can just keep buying. GUH!
I do not like going with the herd even if they are right. I do not care about missing out.
This is what this is. Maybe I do not know the whole story but it appears to me every one is just afraid of missing out, or they do not want to back off and let other speculators profit, sacrificing themselves for other greedy ones that can't let go, kind of like the crabs in a bucket thing.
Short interest has dropped recently, but it is still very high... It's at its lowest point since march 2019.
* So I said I would explain why I do not believe in science (except math but math should not be grouped with the rest there are fundamental differences to other sciences).
Yes, all science is a bunch of nonsense, AT THE MOMENT (because of the replication crisis, because of how rigorous scientists do no get rewarded but "productive" morons doing "groundbreaking" discoveries and spewing trash at a rapid rate do get rewarded and teach new scientists which creates more morons making more "alarming" discoveries and so on). TSLAQ is 100% reliant on ignorant people thinking CO2 is a dangerous poison as "groundbreaking" "innovative" "inspiring" scientists have explained to the sheeple. If people realise it's all ridiculous claims the hype for TSLAQ will drop like a rock.
Peter Higgs won the Nobel Prize (which is slowly becoming a complete joke) in 2013 for discovering a new Boson as well as the Higgs field and him finding a way to explain the mass of elementary particles the guy literally explained what mass was which is something every one should be wondering since childhood. Like where does mass come from? Why do photons have no (rest) mass?
And Peter Higgs said that today he would not be able to do this work today because he would not get hired as he is not "productive" enough by todays standards, that today academics are expected to "keep churning out papers".
So "science" is evolving into a joke where who has the most paper bowel movements and the most flashy science gets rewarded, it just snowballs and keeps getting worse at an exponential rate. The best get cast aside, the worse get rewarded more get more grants power etc so they select students and teach them to be more bad like them, and of those students that are already worse, the worse ones get the best jobs, then the next generation gets taught even more bad science AND the worse ones get selected more etc. Complete snowball into troll science of 74 genders and results that cannot be replicated and I can't even predict how dumb & dumber it is going to get if this does not get reversed.
So yeah, I just wanted to explain why I do not believe in science anymore, since I guess this would make me look like a complete flat earther to the majority of people that do not know about the problems science faces at the moment.
Do not join crowded short. Do your research and do not invest in emotional dream "we'll prove them wrong" hype garbage. Stay rational and ignore what the crowds thinks. I giggle when sheeple think I'm a moron.
5.2p-7p next resistance - nickel upswingAbove t-line - bounced off 200ma weekly at 3p
One of my biggest holdings - trade pot & core pot.
Finance deal on any of their assets will see this rocket. Happy to hold in 2020.
Nickel after retrace now on a upswing
buy triggers nailed last 2 times on chart. third time?
NIO (NYSE): Bump & Run Macro TechnicalNio is playing out a bump & run pattern on the macro charts with a price target of about $4. On the micro charts, Nio has just broken down out of an ascending channel and has found support around the .5 fib level just as it did in the previous small correction in the current trend it’s in. This area also contains support from the bottom trend line and the bump and run trend line on the macro charts. The central banks are also introducing 500 billion worth of liquidity into the market through out December so with the illusion of a phase 1 trade deal in the works with China, I believe this support will hold and lead to higher highs in this current trend as it plays out the bump and run pattern on the macro. I will be looking for weakness around $4 for profit taking.
NIO still holding upwards trendline and 20 day MAEither trendline break (blue or red) will send us upwards or downwards.
We're looking at either going around 1.7$ or to 3.7$
Green Pill or Red Pill, NIO - You Must Chose- strong social & hype fundamentals
- China trade risks already priced in
- Counter trade to Tesla failure/ meltdown
- institutional and media sentiment turning around
- direct access to massive organic growth China EV market
- intriguing stock to float, short % and borrowing rates
NIO is on the verge of a breakout, double your money easily!2$ going to 4$
Easily earn 100% on your investment in a matter of weeks.
NIO will do a big JUMP on 29 Nov with resistance levels aheadNIO's 2.168 fib will be triggered on 29th of NOV
The bull rally will begin and we can see the resistance levels ahead.
Expect to 2x , 3x and 4x your money within the coming months.
Most of this growth should happen between December and January.
NIO Breakout coming SOONTarget 1 : 5$ (Aligns with 100 Daily MA)
Target 2: 8$
NIO Breakout coming soon due to the further accumulation of good news!
The downward channel will be broken, and the confirmation is the break above 2.40 which also happens to previous support level.
The 1st target is 5$ which happens to be the 100 Daily moving average price point.
The 2nd target is 8$ which happens to be a previous resistance level.
The rally will come quickly... the market almost always performs well come holiday times.
TSLA Bulls in control, may have new support at $300Profitable earnings surprise sent the price surging, and a recent price target published at $400 should see the top of Range C tested followed by more volatility between $300-400 until next Earnings. If next earnings is profitable again, we'll see another pop to the upside over $400 with new support at that point.
TSLA Confirms Higher Trading Range, but Expect a near term Sell!Likely return to volatility within Range C. Recent drop places 200-Day below current level, possibly causing a retest of $250-270. Likely more buying opportunities as many ring the register but this Earnings based confirmation of the Range C trading levels confirms the long with enough volatility to trade it. China Gigafactory, improving trade deals, etc, many reasons to trim here but stay long with a rebuy at $275.
Is The Bleeding Over For Nio?After the double bottom a few months ago, nothing major has happened on NIO chart that I can see. With increasing competition, IDK how the company will fair if it can't increase deliveries.
"Over the course of the year, the penny stock has been in a free fall. In fact, it has lost as much as 80% in value so far. According to analysts, the economic slowdown in China and muted domestic demand for premium electric vehicles has hurt the company considerably. On the other hand, the weakening delivery figures are a major red flag. That’s considering the fact that the electric vehicle industry is totally dependent on raising the delivery volumes progressively."
From PennyStocks.com - Penny Stocks To Buy Or Sell: Nio Inc. (NIO)
