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TSLA Recovery to $4001D Chart From a technical viewpoint, Tesla ( NASDAQ:TSLA ) is setting up for a short-term recovery to the $200-210 range before another steep correction. Should significant support be met around the $100 range, a sharp recovery back to previous highs near $415 will be in sight. The following patterns are visible on the 1D chart: Impulse and Correction Waves Because the 1, 3, & 5 Impulse Waves were in the down direction, then according to Elliott Wave Theory, the Correction Waves (ABC) should see the beginning of a rally. Wave A will move opposite of Wave 5 and should lose momentum between $200-220 which are 50% & 61.8% Fibonacci Retracement levels respectively. Wave C would develop a double bottom setup that could propel TSLA back to $300. Head & Shoulders If the Elliott Waves do not prove valid then a H&S pattern is likely with a right shoulder peak meeting resistance between $200-220 before sending share prices back to a low of $100. I am less confident of this pattern as it appears a premature recovery is about to begin. The neckline rests around $150 but Money Flow Index is already in severely oversold territory and the On-Balance Volume has an overall positive slope. Double Bottom In the unlikely event that the H&S comes to fruition then I believe it will serve as the setup for a larger double bottom pattern. Stepping back for a better bird's eye view, the On-Balance Volume has a healthy positive slope and Money Flow Index is in oversold territory. However this pattern will take months to develop so it is too soon to begin loading up for this particular trade as a swing or day trader.
NASDAQ:TSLALong
by Shepherd_Investor
A Macro Analysis of TESLA: The Case For Being Range BoundHi guys and Welcome! As a trader its empowering to overanalyze an asset you would like to trade. To think of various potential associations or the direction that price action can have or go. It reduces any surprises and allows for you to be ready and strategize adjustments. And just NOTE: That this is just an idea/ theory and it does not have to play out as mentioned but i would urge us to atleast keep this idea in the back of our heads. Things have been great this year, with many big names booming in price. Many people calling for New ALL TIME HIGHS for many names. This is also true for TESLA. But what if we don't see all time highs in Tesla? What if in fact we are range bound, hitting the top of the range only to travel to the bottom of the range for a duration of time before we attempt new all time highs. It sure is a possibility, as we have done so previously. From July 2013 till the breakout in December 2019, we managed to stay in a RANGE. (Roughly 2345 days or 6ish years). This is not a bad thing per se. It helps the asset consolidate, create market structure and allows companies to stabilize, allowing them to fulfill the desires of investor sentiment, thus moving higher eventually. If you can determine the levels of the range, it is also tradeable. More on that in future posts, as i will be monitoring TSLA like a hawk. Now looking at our current RANGE. We've gone so far 1093 days. If history is any indication, we are about almost half way through our RANGE bound journey. Note that if we are range bound, it doesnt have to mirror our previous data point. Also that Investor SENTIMENT for TSLA is different now. Also don't discount the fact that currently we are bullish in TSLA, so possibilities of seeing $400 sooner than later is likely, until proven otherwise. Could we break out or do we double top/ stay range bound? That would be the place to re-assess the situation. One major factor in my opinion to help us determine what might happen is VOLUME. I think for us to really solidfy this idea of making New ALL TIME HIGHS, volume has to continue to increase and really spike when we reach the $400, RANGE TOP. We don't want to see volume below the PURPLE LINE DRAWN, but rather have it follow the GREEN arrow. Showing consistent growth and high volume. Also another thing to watch is the RSI. NOTICE the Black trend lines drawn. When we broke out of our 2013-2019 Range, RSI broke past the Black trend line to continue into our HIGHS. Come to current time, we are quite far off the Black Trendline drawn. This is something to watch. Again, history does not have to repeat in current price action BUT it does provide data on what could potentially happen. As a trader it is important to always try to see different angles. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on TSLA in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy
NASDAQ:TSLA
by SafofAllTrades
2
ZEV all time low | Falling Wedge Chart PatternZEV Lightning eMotors manufactures zero-emission commercial fleet vehicles and powertrains to commercial fleets, large enterprises, original equipment manufacturers, and governments in the US. In the chart we can see a huge Falling Wedge Pattern, which is a bullish sign. On 3/29/2022 DA Davidson brokerage Lower the Price Target Buy rating from $17.00 to $13.00 My price target is the 9.30 resistance. Looking forward to read your opinion about it.
ZLong
by TopgOptions
XPEV price targetsEven though i consider XPEV to be the real Tesla of China, because of the cheaper cars and the technology "stolen" from Tesla, i still think it will revisit the 29usd support short term. Remember that this is not a profitable company and is still dependent on raising capital for its cars. in 2020 XPEV revenue was 5.84B, but the Earnings were negative, -2.73B. They also missed the Q3 and Q4 earnings estimates last year. Jim Cramer (Mad Money) on China's tech crackdown: You can't own Chinese stocks! ARK Invest dumps Chinese stocks. It seems dangerous to hold Chinese stocks right now. US-listed Chinese companies have three years to comply with US accounting oversight, to comply with the rules of accounting and transparency that American public companies must follow, if not they will get delisted. This looks like the beginning of China`s stock market crash. I`m looking forward to read your opinion about this!
NYSE:XPEVShort
by TopgOptions
9
$ADNT enters into agreement with joint venture partner YanfengAdient announces strategic transformation in China - Company enters into agreement with joint venture partner Yanfeng to end its YFAS joint venture - Transactions provide Adient opportunity to independently drive its strategy in China - After-tax proceeds of ~$1.4B, combined with existing cash on the balance sheet, are expected to drive significant debt paydown throughout 2021 $ADNT has entered into definitive agreements with joint venture partner Yanfeng Automotive Trim Systems Ltd. (YF) to end its Yanfeng Adient Seating Co., Ltd. (YFAS) joint venture in China. Adient will receive ~$800 million in cash by closing of the transactions (including dividends) and ~$700 million in cash prior to calendar year end, even if closing occurs before such time. Pro forma Adient Compared to the company's FY21 outlook, once the transactions close, global consolidated sales and Adj.-EBITDA are expected to increase annually by between $700M-$800M and between $90M-$100M, respectively. In addition, Adient's equity income post-closing is expected to decline annually by ~$155M. Net income and EPS improvement is forecast post-closing, driven by the expected significant reduction in debt and the corresponding benefit of lower financing costs. finance.yahoo.com
NYSE:ADNT
by AlenCiken
The EV market is getting crushed, but for so long? The electric vehicle market is experiencing a major correction, among the most affected are Li Auto, Xpeng, ElectraMeccanica and Romeo Power, I myself made the mistake of thinking that another bullish streak was coming but it turned out the opposite. However, a whole and growing sector cannot continue to decline indefinitely, they will eventually hit the bottom to rise again, the question is when... NASDAQ:TSLA NYSE:NIO NASDAQ:NIU NASDAQ:SOLO NYSE:XPEV NYSE:RMO NASDAQ:LI AMEX:LIT
NASDAQ:TSLA
by amateur_trad3r
2
Why $FRSX stock exploded from December?2 Catalysts drove the price higher: 1. Foresight: Rail Vision Enters Electrically Powered Light Rail Vehicle Multi-Billion Dollar Market with Order from Knorr-Bremse. Rail Vision will supply two light rail vehicle system samples and will begin the system industrialization project for a total of 400,000 Euro Knorr-Bremse, a $17-billion European-based group, recently invested $10 million in Rail Vision. finance.yahoo.com 2. Foresight: Eye-Net Initiates Pilot Project with a Top Global Vehicle Manufacturer. The pilot will be conducted with the intelligent transport system division of a Japanese vehicle manufacturer. will begin a pilot project with the intelligent transport system division of a multi-billion-dollar global Japanese vehicle manufacturer to test its Eye-Net™ Protect cellular-based V2X (vehicle-to-everything) accident prevention solution. finance.yahoo.com
NASDAQ:FRSX
by AlenCiken
4
$AMTX Unveils 5-Year Plan Targeting $1 Billion Revenue by 2025Aemetis Unveils Five-Year Plan Targeting $1 Billion of Revenue by 2025 has rolled out a new five-year plan that positions the company to generate $1.07 billion of revenues and $325 million of adjusted EBITDA in year 2025. The Revenues plan is a CAGR of 35% and the EBITDA growth plan is a CAGR of 109% for the years 2021 to 2025. The majority of the Company’s revenue growth is expected to come from California dairy Renewable Natural Gas and the Aemetis “Carbon Zero” renewable jet/diesel plants using negative carbon intensity cellulosic hydrogen produced from waste almond orchard wood in Central California. The Aemetis Dairy RNG project plan shows revenues growing from $9 million in 2021 to $175 million in 2025 , while Dairy RNG project EBITDA expands from $4 million in 2021 to $141 million in 2025 . Aemetis has been awarded $23 million of grants related to dairy RNG and related gas cleanup and utility pipeline interconnection units, including a $1 million grant to install an RNG dispensing station to fuel RNG trucks at the Keyes plant. The Aemetis “Carbon Zero” renewable jet/diesel plants utilizing estimated -80 negative carbon intensity cellulosic hydrogen are planned to grow to $467 million revenues and EBITDA of $136 million in year 2025. By completing carbon reduction upgrades and expansions of its current operating ethanol and biodiesel plants, the Company expects to generate annual revenue in ethanol and biodiesel of approximately $426 million by 2025, up from about $227 million of expected revenue in 2021, an increase of 87% . Aemetis has received $16.8 million of grant funding to support its carbon reduction upgrades at the Keyes plant and $23 million to support the estimated -416 carbon intensity dairy RNG project . Supporters includethe USDA, the US Forest Service, the California Energy Commission, the California Department of Food and Agriculture, and PG&E’s energy efficiency program. finance.yahoo.com
NASDAQ:AMTX
by AlenCiken
$FSR and Apple Partner Foxconn Set to Collaborate on EV ProjectFisker and Apple Partner Foxconn Set to Collaborate on Electric Vehicle Project Fisker and Foxconn sign Memorandum of Understanding (MOU) in support of global electric vehicle project. Will pioneer a new market segment and deliver industry-first innovations. Vehicle to be jointly developed and sold under the Fisker brand, including through the Fisker Flexee Lease program. Manufactured by Foxconn and destined for multiple global markets. Projected start of production is Q4 2023; this will be the second vehicle introduced by the Fisker brand, following the launch of the Ocean SUV in Q4 2022. The new collaboration between Foxconn and Fisker will revolutionize the automotive industry model by introducing ICT capabilities – which help automakers accelerate their transition to new, innovative, and efficient manufacturing processes and business models. Fisker is projected to start production on its first vehicle, the Ocean electric SUV, in Q4 2022. Interest in the Ocean continues to build at an encouraging pace, with more than 12,000 global paid reservations as of today. Fisker plans to unveil a production-intent prototype of the Ocean later this year. Following the signing of the MOU, teams from Fisker and Foxconn will establish several workstreams focused on design, technology, engineering, and manufacturing. Due to the rapid development schedule, both companies expect to conclude discussions and enter into a formal partnership agreement during Q2 2021. finance.yahoo.com
F
by AlenCiken
Advanced Silicon Battery to Become a Public via $RSVA SPACAdvanced Silicon Battery Company Enovix to Become a Public Company Through Merger with Rodgers Silicon Valley Acquisition Corp. Enovix is the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries with energy densities that are five years ahead of current battery technologies - Funded design wins with several blue chip customers in the high-value mobile computing segments (wearables, mobile communications, PCs and AR/VR) of the Li-ion battery cell market, which is expected to reach a $13 billion addressable market by 2025, of the total expected $75 billion Li-ion battery cell market - Customer endorsement and investment has led to the construction of Enovix's first battery production facility in Fremont, CA; larger second facility planned for 2023 and strategy for a third facility focused on Electric Vehicle ("EV") batteries - Transaction values Enovix at an estimated pro forma enterprise value of $1.128 billion upon completion - The transaction will result in approximately $385 million in net proceeds through the business combination, which includes $230 million of cash held in trust by Rodgers Silicon Valley Acquisition Corp., assuming no redemptions - Transaction includes an upsized and oversubscribed $175 million PIPE issued at $14 per share, anchored by leading institutional investors Upon closing of the transaction, which is expected to occur in the second quarter of 2021 finance.yahoo.com
R
by AlenCiken
SOCMA and $GTEC Sign Co-Operation AgreementSOCMA and Greenland Technologies Sign Co-Operation Agreement to Support U.S. Production of Electric Industrial Vehicles $GTEC yesterday announced a co-operation agreement to utilize SOCMA's existing supply-chain and certain technologies. The agreement also represents a commitment by Greenland to invest in the U.S. as a key center of innovation in the global electric vehicle market. Under the agreement, both parties intend to establish a strategic partnership to fully cooperate on technology sharing and supply chain management for the production of electric industrial vehicles in the U.S. finance.yahoo.com
NASDAQ:GTEC
by AlenCiken
1
Is CANOO the next big thing ? Hyundai motor was in early-stage talks with Apple about potentially working together to develop an electric car. - Report CNBC So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in 2022, with scaled production and launch planned for 2023. If all goes well, I reckon CANOO will keep climbing to beyond $50. Catalyst/Source: - www.theverge.com - www.cnbc.com - www.hyundainews.com - Joe Biden signs executive orders to cut US oil, gas, and coal emissions
NASDAQ:GOEVLong
by GoldCartel
7
Chinese drone company EHang rebounds after short reportChinese drone company EHang rebounds after short report Yesterday, the stock had plunged more than 60% after a short sell report from Wolfpack, claiming that EHang was largely fabri-- had largely fabricated revenues based on sham sales contracts. Now EHang today put out a statement saying that the report contains numerous errors, unsubstantial statements, and misinterpretation of information. So the stock has been rebounding a bit from yesterday. finance.yahoo.com
NASDAQ:EH
by AlenCiken
$LODE soars after taking stake in lithium-ion battery recyclerComstock Secures Majority Interest in Lithium-Ion Battery Recycling Company; Facility Plans 10,000 Tons Per Year of 99.9% Pure Lithium-ion Cathodes for Clean Energy Transition. Comstock today announced transactions securing the rights to a majority equity stake in LINICO Corporation (“LiNiCo”), a lithium-ion battery (“LIB”) recycling company who recently acquired a state-of-the-art battery metal recycling facility from Aqua Metals, Inc. (“Aqua Metals”) located in the Tahoe Reno Industrial (“TRI”) Center in Storey County, Nevada. The Company will pay $4,500,000 in cash and 3,000,000 shares of its restricted common stock, representing up to $10,750,000 in consideration for up to a 64% ownership stake in LiNiCo. Aqua Metals is investing $2,000,000 for a 10% stake in LiNiCo. LiNiCo will use the proceeds to increase its direct strategic investment in Green Li-ion Pte, Ltd. (“Green Li-ion”), purchase Green Li-ion’s patented process equipment, with exclusive rights for the U.S. market, enabling the production of 99.9% pure lithium-ion cathodes. Extraordinary Growth Lithium-ion battery production capacity has increased tenfold in the past decade. finance.yahoo.com
AMEX:LODE
by AlenCiken
2
Volta Industries to go public via $SNPR spac companyVolta Industries, Inc. and Tortoise Acquisition Corp. II Announce Planned Merger Combined Company to Remain on the NYSE Volta is a leading owner - operator of public electric vehicle charging infrastructure that is prominently located in places where drivers live, work, shop and play. Pro Forma enterprise value of the transaction is estimated to be $1.4 billion. Anticipated net proceeds of approximately $600 million (assuming minimal redemptions) will be used to accelerate Volta's buildout of its charging network already in the pipeline. This includes an upsized $300 million fully committed private placement of common stock in the combined company (the "PIPE"). The PIPE is anchored by institutional investors including funds and accounts managed by BlackRock, Fidelity Management & Research Company, LLC and Neuberger Berman Funds. - Volta's significant contract portfolio of real estate and retail partners (including Ahold Delhaize, Brookfield, Regency and others), as well as the company's iconic installations at the United Center and Dignity Health Arena as examples, highlight Volta's market leading position in convenience, high-accessibility public charging. - Existing Volta securityholders will roll 100% of their equity in the transaction and are expected to own approximately 64% of the company upon transaction close. - Pro forma implied equity value of the combined company of over $2 billion, at the $10.00 per share PIPE price and assuming minimal redemptions by Tortoise Acquisition Corp. II public shareholders. The transaction is expected to close late in the second quarter of 2021 finance.yahoo.com
S
by AlenCiken
4
Morgan Stanley $QS Buy and $70 price targetFor Morgan Stanley’s Jonas, involvement in QS stock comes with high risk, but also high potential reward. In fact, the analyst calls it, "The Biotech of Battery Development." "We believe their solid state technology addresses a very big impediment in battery science (energy density) that, if successful, can create extremely high value to a wide range of customers in the auto industry and beyond. The risks of moving from a single layer cell to a production car are high, but we think these are balanced by the commercial potential and the role of Volkswagen to help underwrite the early manufacturing ramp," Jonas explained. Noting that QS is a stock for the long haul, Jonas rates the shares an Overweight (i.e. Buy), and his $70 price target indicates confidence in an upside of 28% for one-year time horizon.
NYSE:QS
by AlenCiken
Morgan Stanley $FSR Buy and $27 price targetFisker, is based in Southern California, the epicenter of so much of our ground-breaking tech industries. Fisker’s focus is on solid-state battery tech, a growing alternative to the lithium-ion batteries that most EVs depend on. While more expensive that the older lithium-based systems, solid state batteries are safer and offer higher energy densities. For EVs, solid-state batteries offer faster charging times, longer range per charge, and potentially lower battery weight – all important factors in vehicle performance. Morgan Stanley’s Jonas is impressed by this company, describing the ‘value proposition of Fisker’ as “…design, time to market, clean sheet user experience and management expertise,” and saying that the 4Q22 launch schedule for the Ocean is likely to be met. “Fisker is specifically targeting the personal owned/passenger car business as opposed to commercial oriented end markets, where emotive design and user experience matter more. Additionally, the company wants to create an all-digital experience from the website to the app to the HMI in the car and continued customer engagement through its flexible lease product,” Jonas added. In line with his upbeat outlook on the company (and the car), Jonas rates Fisker an Overweight (i.e. Buy), and sets a $27 price target suggesting an upside of 42% for the coming year. finance.yahoo.com
F
by AlenCiken
2
Hyliion Holdings is back After falling since September last year, it seems to have reached a bottom in January, starting a recovery. I visualize 3 possible targets in different time frames: $ 24-25, $ 30, and $ 40. Its main institutional holders include Bank of America, Morgan Stanley, Wells Fargo and Goldman Sachs, mmm. Its on-balance volume seems to have reached a support level in December, now they are injecting capital into it, sooner or later this will be reflected in the price. NYSE:HYLN
NYSE:HYLNLong
by amateur_trad3r
1
Launches First Electric Vehicle & Hybrid Focused Shopping HubCarParts.com Launches First Electric Vehicle & Hybrid Focused Shopping Hub This week launched a new dedicated shopping hub for the hybrid, plug-in hybrid, and electric vehicle (EV) community. The ecommerce retailer is transforming the way drivers shop for auto parts, so naturally, building an online store for EVs and hybrids is the next big investment in the company’s growth and commitment to getting drivers back on the road. In recent months, CarParts.com’s product offering for EVs and hybrids has grown to include over 700,000 applications for the repair, maintenance, and enhancement of hybrids, plug-in hybrids, and EVs. Aftermarket parts are available for over 25 popular vehicle makes, including Tesla, Toyota, Honda, GMC, BMW, Ford, Lexus, Chevrolet, and more. As EVs and hybrid vehicles age, consumers are more likely to buy aftermarket parts. finance.yahoo.com
NASDAQ:PRTS
by AlenCiken
AEye Said in Talks to Go Public Via Cantor Blank-Check FirmAEye Said in Talks to Go Public Via Cantor Blank-Check Firm CF Finance Acquisition Corp. III raised $230 million in IPO Artificial-perception startup AEye Inc. is in talks to go public through a merger with CF Finance Acquisition Corp. III, a Cantor Fitzgerald LP blank-check firm, according to people with knowledge of the matter. The valuation couldn’t immediately be learned. A deal hasn’t been finalized, and terms could change or talks could collapse. Shares of CF Finance Acquisition Corp. III jumped as much as 32% after Bloomberg reported the discussions. A Cantor Fitzgerald representative declined to comment. AEye didn’t immediately respond to requests for comment. California-based AEye makes sensor technology, known as lidar, for use in autonomous vehicles. Continental AG, Europe’s second-largest car-parts supplier, acquired a minority stake in AEye in October. Other investors include Kleiner Perkins, LG Electronics, Intel Capital and Airbus Ventures, according to AEye’s website. CF Finance Acquisition Corp. III, led by CEO Howard Lutnick and President Anshu Jain, raised $230 million in a November initial public offering, with a goal of striking a deal in any industry or geography. “The company intends to focus on industries where its management team and founders have experience , including the financial services, health care, real estate services, technology and software industries,” it said at the time. An earlier Cantor blank-check firm last year agreed to merge with GCM Grosvenor Inc. in a deal that took the investment manager public. In November, CF Finance Acquisition Corp. II reached a deal with View Inc., a maker of smart windows that use artificial intelligence. In December, Cantor raised $500 million for its fourth special purpose acquisition company, and this month filed for a fifth SPAC. www.bloomberg.com
C
by AlenCiken