GOEV: Buy setup formingBuy setup seems to be developing. Maybe we shall see a reversal finally, or just more bearish corrective teasing?
What do you think?
Electriccars
NIO TO THE MOON PART 2 🚀The break out to the upside has happened and Nio now has a new level of support. Congrats to those who held and those who got in!
NIO TO THE MOONHey!
Here is my brief breakdown of ticker symbol $Nio and why I believe this stock is the one to get into right now!
TSLA Bullish Running to 660+ Verry Soon!Tesla is above the 200MA and 20MA on the Daily.
Look good on other indicators (ToS) MacD and others.
Get ready for some big runs coming!
KGRN - The Hidden Gem ETF 💎KGRN is an environmental ETF based in China. China is only at 31% capacity for renewable energy with huge room for improvement.
This ETF holds some of the top Chinese electric car companies. As we all know the Chinese market is the largest in the world and as their economy grows so will their push towards becoming more environmentally friendly. This ETF captures the growing market in a rapidly developing sector.
This ETF is a long-term hold and buying when the price drops.
Xpeng: Is now the time? 🤑🤑🤑A lot of you have asked for an update of our Xpeng analysis. With the ongoing testing oo the resistance at $37.50, we are at a crucial stage of the price development. If the price is able to hold this level now, we believe that the way is paved for a strong bullish run. Also, we have adapted our price target for wave 3 in green, as we set it to $109.25 - $118.93. So, the expectation is still extremely bullish, but it remains to be seen whether we can stay above $37.50.
Don’t miss this chance!
CHPT - Amazing Entry Time-We’ve seen a brutal bear market tear through growth stocks. While that has helped shake out some weak hands, it has also brought down high-quality stocks too. For instance, ChargePoint (NYSE:CHPT) is down massively from its highs, as investors dump CHPT stock and its peers.
-The company was founded in 2007, so it’s not a flash-in-the-pan new arrival looking to take advantage of a hot trend and make a quick buck. The company has more than 132,000 charging locations in North America and Europe. That number swells to almost 160,000 locations when taking into account integrations with other networks.
-Further, ChargePoint has “more market share (at more than 70%) in networked level 2 charging than the closest competitor in North America.”
-More importantly, it has the “largest online network of independently owned EV charging stations operating in 14 countries and makes the technology used in it.” As the trends in EV continue to push further, so too does business for ChargePoint. Consensus expectations call for solid growth as a result.
-If we can see 40% growth this year, then 69% next, then 75% in the following year, we are talking about several years of strong and accelerating growth.
-If this company is doing almost $1 billion in revenue in just a couple of years, We believe it’s undervalued today.
-There has been an enormous push toward electric vehicles (EVs). That’s evident by new entrants, momentum in the stocks and in vehicle sales. Heck, the largest EV producer in the world just said it’s sold out for the quarter already. At one point, its market cap swelled to the point where it was larger than every other automaker in the world.
-More and more drivers are realizing the benefits to EVs. Longer driving ranges are easing what’s referred to as “range anxiety,” but so too is ChargePoint.
-As more EVs come to market from more producers, consumers will inevitably need more charging stations. The leading EV producer in the U.S. built its own network for its customers. At the time, it needed to, to help persuade customers to buy its vehicles.
Elliott Waves Analysis: TESLA UPDATEHello traders and investors!
We want to update Tesla chart, which is moving nicely lower as expected and looks like there's room for more weakness.
Well, on April 15th we have noticed nice and clean bearish setup formation and as you can see, since then it's moving perfectly to the downside towards projected 500-400 support zone.
We are talking about A-B-C corrective movement from the highs and because wave C is a motive wave, it has to be completed by a five-wave cycle. As you can see, wave "v" of C is still missing, so watch out for another, maybe final decline before we will see a bigger recovery on Tesla again.
Trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Ford is the new Tesla, long to $80Price is looking like it wants to retest the top of this trading range at $19. If it breaks, Ford is going to Mars.
The market's trend has been bullish on companies moving to electric vehicles. Reference $NIO and $TSLA. Ford making this move and going "All in" on electric vehicles is respectfully in my opinion, uber-bullish.
Technical analysis: RSI in bullish territory on the weekly. Record level volume. Great support tap off the heartline of this trading range. All signs lead to higher prices.
I am long here. This is not financial advice, I am an ape.
Something also to note. Tesla's market cap is 600 billion, while Ford's is 58 billion. Tons of upside potential for Ford if they do this electric vehicle thing right.
Tesla cult members, the title is satirical, please do not kill me.
I don't want the profit of the B wave of the $WKHSI will buy at $5.3
cypher harmonic pattern:
3-4=0.38 X-3
4-5=1.41 3-4
tp1=0.78 X-3=$7.4 *reached*
tp2=2 BC=$5.3
Tesla Holds Support as Relative Strength Turns PositiveAfter months of weakness, Tesla may be charged for another move to the upside.
Some interesting patterns have recently appeared on the electric-car maker’s chart.
First is the false breakdown below $550 on May 19. This was followed by a rebound back above the 200-day simple moving average (SMA). Interestingly, it was TSLA’s first test of the 200-day SMA since the dark days of March 2020.
Next, MACD turned positive yesterday following a month in the red.
Third, TSLA is starting to outperform the broader market. This chart shows our Smart Relative Strength indicator, comparing price action to the S&P 500 over the last 10 days. Notice how it just eked above zero yesterday.
The developments come at an interesting time for the ESG group in general. A court in Holland just ordered Royal Dutch Shell to reduce carbon emissions. Ford Motor also raised its electric-vehicle goals. EV stocks and solar energy have paused this year following big rallies in 2020, and now TSLA could be signaling a return to the industry.
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3-wave Declining Series Finished? Upward Trend Next: LONGNIO has apparently reached a relative-low...and trough in a 3-part corrective wave.
The dip is a nice spot to buy, and NIO should ascend to 60-plus/share eventually -- the WHEN on that remains UNDEFINED. The stock has been fairly volatile, but those seeking a 1-plus year hold are in a good spot to load up.
There seems to be strong support at these previous lows, and it could ascend quickly back to the highs it attained earlier, but stocks take longer to finish corrective waves upward, so the range on this easily could still be a 9 to 12-month hold -- The longer the better, probably! The Red Tesla is flexing, but the resistance it is encountering is probably not significant enough to deter anyone looking for a very long-term hold.
--BDR
XPENG - breakout aheadXPENG - breakout ahead - similar patterns are right now in many technology shares to find.. could be the end of the consolidation since februar...
FuelCell - breakout ahead?FuelCell - maybe the breakout is finally ahead .. ready for a healthy n slow gaining
Plug - finally the break out ?Plug - I thought it would bounce back first.. but maybe that was finally the break out .. ready for a healthy n slow gaining
When to get back into NIO INC?Tech shares are descending heaviliy these days. Actually its a usual correction and consider that as normal. This idea is about NIO/INC what i think on the long term will be much higher in price in the near future. NIO set foot on the ground in Norway already. Making their preperations for getting ready for the European market. Its exciting to watch these developments. But the future for NIO seems hopefull to me. Thats why i'm still bullish on NIO.
Some people probably boutght NIO at a higher point then it is right now. But what is an interesting entry point to get back to NIO? Based on previous price action NIO could be interesting around the $ 26-29 zone. So just let the charts do their work and keep the pace up when you feel to.... It's just a simple idea actually... nothing complex about it.
Baic Motor is completely undervalued It reached what appears to be a bottom on March 15.
It is almost 80% below its all-time high of January 2018.
The awesome oscillator is on the downside, heralding a possible reversal.
Although last year its profits fell compared to 2019, the trend is still upward, that is, it is becoming more profitable, with 2020 being an exception.
It is one of the largest car manufacturers in China, also having a presence in various parts of South America and Asia, whose models sell quite well.
It is working to develop new technology and introduce more electric vehicles to its fleet.
In general it has good fundamental and future potential, I still think that its price is unjustified.
If you want to have more details about the company, I recommend reading its 2020 annual report.
HKEX:1958
OTC:BMCLF
OTC:BCCMY
TSLA - OTHER TREND LINES - WHERE ARE WE? - OPTIONSAll,
I think worth noting TSLA does have some serious support here or 600-640s and you can see why it's bouncing hard in some spots which are confluence support areas. I am not necessarily 100% bullish on TSLA. Obviously reading articles / tweets you can get the sense TSLA is in a tough spot, but definitely should be higher on ER etc. I think you are seeing the 0.9 Put/Call ratio as a sign of indecision as well.
Currently holding (2:1 Call to Put Ratio) : I may swap out today if it drops further and stay 100% puts and buy calls later after drop finishes. I do want to see how 660s/650s play out here.
Weekly May 7th Calls (just got them super cheap at 678 yesterday still profiting even with Pre Market drop)
Weekly May 14th Put
