FuelCell - breakout ahead?FuelCell - maybe the breakout is finally ahead .. ready for a healthy n slow gaining
Electriccars
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
Tesla Stalls Below Key LevelTesla hasn’t hit a new 52-week high since January 25. It bounced feebly this month, and now the price action is looking more problematic.
First, notice how the April 14 high closely matched the January 29 low. Old support could be new resistance.
Second, TSLA has made lower highs since while holding roughly $700. That now resembles a bearish descending triangle, with a break to the downside.
Third, prices are back under $700 and the 50-day simple moving average (SMA). Additionally, the 8-day exponential moving average (EMA) could now fall back under the 21-day EMA.
Finally, there's risk of an ABC correction on the weekly chart. The March low could be “A” point and April’s high could turn into “B”. The result could be “C” somewhere near $500.
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ACTC Breaking out of Down TrendLONG ACTC as they have merged with Proterra which is set to take advantage of the US investing heavily in EV's as Proterra is the leading manufacturer for public transport Ev's.
Broke through our wedge let’s see how this plays out Obviously this could go south as well however I have a bullish bias on this one and see her taking off pretty soon. We just saw strong support off the 200 day moving average and a nice bullish candle. Happy trading
Elliott Wave Analysis: TESLA With Bearish Setup FormationHello traders and investors!
Yesterday we shared $AAPL Apple and today we want to show you another, similar wave structure on $TSLA Tesla.
As you can see, Tesla made an impulsive five-wave drop in February, which actually suggest a reversal from the top into a higher degree correction, as five-wave cycle is barely the first leg A of a three-wave A-B-C corrective movement.
Well, recent recovery looks like a complex w-x-y corrective rally in wave B, which is now trading at key resistance zone here at the channel resistance line around 61,8% - 78,6% Fibonacci retracement.
So, if we are on the right path and if Tesla starts sharply falling back below 700 region, then we should be really aware of much bigger sell-off within wave C that can push the price even down to 500-400 support zone.
Be humble and 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.
Xpeng: X Bang! 💣💣💣Although the heading can be slightly misunderstood, we believe it represents the potential of this stock the best. For the Xpeng stock, we do not see a way in which this can explode in the negative sense. Rather, we expect the price to skyrocket so at least $121 – and this is only the beginning. In the first place, the price needs to clearly stabilize above $37.50. After that, there will be a massive bullish run.
It’s not too late to hop on the train!
Crucial Moment for ALYI,ALYI Current Price - $0.07 Price Target - $1 Short Term target $0.10 Long Term Target $1
Options Not available (OTC) - not on RH or Webull.
Crucial moment on the chart for ALYI I think ALYI breaks out of current resistance and sets new highs.
Alternate Systems released amazing news a couple weeks ago. They are set to deliver 2,000 EV bikes to Kenya by July of this year! This is the first order for ALYI that has been scheduled for delivery. They gave us the proof of concept which sent the stock to 10 cents I think it’s a safe assumption that since we have confirmed delivery dates ALYI should surpass that 10 cent level in the short term and run well beyond that in the future. Some more good news is on the way ALYI announced yesterday they have a new contract that will expand their EV ecosystem . This is my largest stock position, many EV stocks are able to run up to a billion dollar + market caps without a proof of concep OTC:ALYI t or scheduled orders. ALYI is sitting at a market cap of 9 million . The capital inflow required to move this stock higher is very minimal. Love this penny stock!
EXRO Electric Power House of the future?! This is not trading advice just my personal point of view.
The chart is self explanatory. Pay attention to lines of convergence. This company has major potential!!!
They are just beginning to commercialize their proprietary tech to revolutionize the electric motor! This is MAJOR!
PLUG bouncing in a strong support linePLUG is on a support line tested several times.
Target price: 70
Expected Returns: >100%
Bullish level we observe on NIOToday we will continue with a series of posts we started on NIO; Our objective is to define clear filters on the stock and then trade if the price full-field our filters.
First, let's take a look at the big picture:
Here we can see 2 key structures: The ascending trendline and the support zone. Currently, those levels are converging, and the price is exactly there. From a technical perspective, we can conclude that we are in the best zone in terms of probable scenarios to find a reversal movement.
Now, let's take a look at the main image (post image)
We can see that the price made a clear formation (yellow lines) after breaking the descending trendline. The formation has been between those yellow lines for 25 days. On April's one, we saw a first breakout attempt on the structure. We are observing this small white flag pattern on the edge of the yellow one, and we think that the breakout of that pattern may be the trigger for the bullish movement we are expecting.
Final Conclusion: We have an activation level of 41.08, meaning that if the price reaches that level, we will consider that our bullish view is ACTIVE. Our invalidation level is set below the structure and below the massive support zone at 36.49 (that will work as a stop loss level or as a cancelation level for the setup). Our first target is the next resistance zone at 46.00 (there, we will move our stop loss to the entry-level "RISK-FREE"). Our final target is 53.90 (there we will close our full setup) / The risk rewards ratio that this situation offers is 2.75 (that means that if we risk 1USD on this setup, we are aiming to make 2.75USD, If you have a 50% win rate then congratulations, you are profitable)
Thanks for reading!
Manganese will play important EV role .MN has great potential in coming decade of EV technology and specially Ev car batteries.
Company is in accumulation period and with strong support of USA industry will progress in wild pace IMO.
If you look at the pattern then cup and handle seems to be in making again for this stock. There might be one more dip towards $0.40 zone and after that consolidation we might see a quick return to $1 and if there is enough momentum to even break it and start a new bullish channel for LONG investments.
The stock had been definitely noticed by investors at the end of the last year so lets see how next month will play out for this great potential company.
No trading advice, just pure idea how I see this going in coming weeks. Share your opinions, fairly new in this field will appreciate any feedback.
Stay safe and enjoy the ride.
Cheers,
NOU Graphite company to watch for EV car market in North AmericaNOU has been the first graphite company in North America who was able to achieve over 90% pure graphite flakes from their production. They are going to be key element for EV car batteries with their anode technology to come to the market and they are going to be the first mine in the world use only electric trucks for their mining process. Located in Canada, fairly close to USA border, they will be playing key role for EV car makes in the USA and possibly in Europe as well!
The stock had been in consolidation period, the company did reverse split of shares 1:10 recently and when the production starts in 2022 this will be one of the most capable graphite producers in North America and if they grow big enough probably the most important for western countries in general and the only competitor to Chinese companies who are leading in this industry for now. Well wroth to watch it IMO.
This is not a trade advise , just theoretical debate of what this company could be capable in very short timeframe , and with coming decade of EV industry and sustainability one of my top of the list stocks to watch for long.
Enjoy the sunny days, stay safe and share your opinions.
Cheers,
Is TSLA Cycling between 600 to 704? With the marketing calming down from last year, TSLA could be going into a range trade opportunity between 704 to 600. Currently I'm watching high levels of 683/695/704 to see if it will break through resistance or bounce back down towards 600.
Moving downwards, I'm watching 683/ 672/ 660.
Be sure to watch volume as you confirm entry points . I'd be also interested in how Biden's infrastructure plan effects the EV market as that news is a bullish variable.
NKLA Swing Trade (Long)Noticing both a falling wedge and positive divergence (falling price action / rising MACD lows) on the NKLA 4HR Chart, a potential sign of downward momentum slowing.
Support level at 12.70 just got tested.
Could see NKLA price rise up to 26.90.
Green levels are untested levels to take profit.
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TESLA is repeating April 2020! Time to buy?As you see the two charts are fairly self-explanatory. Both in 2020 and now (2021), TSLA had already made a top by early February, formed a MA50/100 Death Cross, followed by a MA50/200 Golden Cross (on the 4H chart) that practically put the bottom behind. The RSI and MACD sequences are also fairly identical.
Is it time to buy the carmaker giant again?
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Nio bull runLooking like a good buying opportunity for NIO. When all the media settles down, NIO's EV products will be back into focus. Considering they're China's home brew Tesla ( with an arguably better battery ), they'll probably be received better by locals, and at the very least provide healthy competition in the market for EV's.
The ups and downs seem to stick to the fib retracements pretty well, so I've used the same ratios for the new run upwards. Let's see how this plays out over the next month or so for me.
Potential yum yum style reversal for the behemoth TeslaA few weeks ago, in February, I pointed out that Tesla is looking bearish on the weekly chart. Now I have a feeling it may push through resistance and try push prices of $850, $900 or higher.
My position is 10 call options contracts that expire 3/26/21 with a strike price of $515, so you can see how confident I feel about the potential of this yum yum style.
I see it in the days ahead, hours too. It may go down for a bit today/first, which may be an ideal time to snag some.
Have fun!
Not investment advice. just ideas.
Do you see what I see? H&S for NIO?Might be a head and shoulders, unfortunately, which could mean a trend reversal.
Could be bad news ahead if we break down from the ascending channel, and then break the neckline.
Is Tesla Powering Down?It’s been a big week for electric vehicles and traditional automakers. Yet, Tesla has drifted aimlessly – a potential sign of momentum fading in Elon Musk’s company.
First, consider the trend line that began in May. After successful bounces along that support in June and November, price has moved below it this month.
Next, the current level is right around the “nice round number” of $700. This is near its 2020 close and the top of a bullish triangle in December. It could be turning into resistance again.
Third, notice how TSLA’s 21-day exponential moving average (EMA) has crossed decisively below its 50-day simple moving average (SMA). This breaks a pattern of intermediate-term bullishness that began in April.
Finally, relative strength is very poor compared with rivals like General Motors . Speaking of rivals, several legacy automakers including Volkswagen and BMW had EV news this week. These companies also trade at much lower multiples. Is money shifting from the new and back to the old?
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