CHPTWouldn't mind picking up some shares here for the long term hold. CHPT is deciding where to go and recently fell due to the secondary offering which closed yesterday, but CHPT and EVs are the future... especially when you have a US President like Biden who is pushing spending for building infrastructure and when climate change is really starting to take a toll (I'm looking at you, 120F degree temperature in Portland.. flood in Germany.. CA yearly wildfires.. and this one hits close to home, snowmageddon in TX earlier this year.)
Also, biggest charging station infrastructure in Europe.
Electricvehicles
TSLA 1 Year Fib Retracement Levels In TactThe 1-year breakdown on the TSLA chart shows that the Fib levels remain consistent for the most part. This current level around the 382 fib line has been a decent support shelf over the last 12 months. It tested the 50 Fib a few weeks ago, which held as the retracement ended up bouncing back to where it's at right now. I'd like to see more volume, though. But something tells me that without an industry catalyst, it might tread water here for a minute. More importantly, we'll get to see what Q2 performance figures look like next week. Tesla just announced:
"Tesla will post its financial results for the second quarter of 2021 after market close on Monday, July 26, 2021. At that time, Tesla will issue a brief advisory containing a link to the Q2 2021 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook."
Depending on the outcome, it could be something to keep track of for the broader EV space including some of those "lovely" EV penny stocks .
Simple Support/Resistance Levels ADOMADOM has been a fun stock to watch. It finally tested its lower support level a few weeks ago. Now it's approaching another pivot point on the chart that has been support and resistance. It will be interesting to see if we get another boost to EV stocks again before the end of the month.
"On July 7th, Envirotech received a $400,000 purchase order from Joseph Holdings for five vehicles. CEO Phillip Oldridge said, 'This order is a promising start to our FAR relationship with Joseph Holdings and we’re pleased to have this opportunity to begin providing our innovative, high-quality, conventional and special purposed electric vehicles to the Caribbean market.' The past one-month of momentum with ADOM stock has been high to say the least. On June 10th, ADOM’s stock price was at $0.25 per share on average. Now on July 9th, the company’s stock price is over $0.38 per share. ADOM’s volume is also much higher than its market average right now. There are a few possible explanations for this. The market for electric vehicles is rapidly growing at the moment. We’ve all seen how companies like Tesla Inc. ( TSLA ) have gone up significantly in the past year or so. This momentum affects smaller EV companies like Envirotech as well. Whether this makes ADOM a part of your watchlist right now, is up to you."
Quote Source: 7 Industry Leading Penny Stocks To Watch in July 2021
SGBX Building Blocks For Which Direction?SGBX has had a great run so far, can't argue with that. But now that volume is a bit lighter, is it building blocks for new highs or for a failure at resistance again? The .50 Fib line has been a relatively consistent area of resistance over the last few weeks. Meanwhile, .618 seems to be an area that SGBX has bounced from after a pullback. As it approaches the 50 again, volume could play a key role. Also, any industry influence may be something to pay attention to as well. For instance, it has exposure to several popular niches including EV:
"SG and Blink Charging Co. (NASDAQ: BLNK), an owner/operator of EV charging equipment and services, entered into an exclusive Master Development and Production Agreement last year. Blink’s EV charging solutions will be deployed along with SG Blocks’ container-based modular building structures. Essentially, the two will create EV charging containers providing charging solutions for EV drivers. While this isn’t the only industry SG focuses on, it does give them some exposure to one of the newer tech niches to watch in 2021."
I think as this continues to consolidate, the $5.70 area may be the closest to pay attention to for it to either break and hold above or fail. Also, depending on the volume (and it isn't on the chart right now), the 50DMA is starting to curl up toward the 200DMA. Volume would need to pick up to confirm any possible golden cross however. We'll see what happens.
Quote Source: Best Penny Stocks To Watch If You Like Tech? 7 For Your List In 2021
$TSLA on the road back to $900?*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
My team and I undoubtedly agree that Tesla ($TSLA) has incredible potential and upside, both short and long term. Having someone as renowned as Elon Musk at the helm of operations adds a sort of "social equity." At its founding, Tesla took a large risk by attempting to cultivate and advance the electric vehicle scene. The company has ramped up operations in recent years, and appears to be ahead of its competitors in the electric vehicle space. This paired now with its current operations in the solar energy/energy alternative industry, Tesla is attempting to shift the market's normal consumer demands. These shifts are presently altering some trends that have been apparent for over one hundred years; i.e. the gas/oil automobile industry, as well as thermal energy powering many residential and commercial buildings in the United States.
Tesla has been going through a correction from a $900 price point hit earlier this January. Based on its chart, it appears that there is a support level at $550. Past that, there doesn't appear to be much structure on the charts, simply due to Tesla's huge run from $70 since March 2020 has not allowed for a clear trend and/or structure to emerge due to its huge value increase. The only trend that appears at Tesla's current price level is a bullish trend started in the middle of this past May. Tesla is at a resistance point on the charts currently, it has pushed to a $700 price point, and has bounced off of this resistance level 3 times. Regardless of this resistance, Tesla has clear bullish sentiment, and could break through this $700 price point in the next few weeks. Through its current pattern, this company has potential to hit a $1,000 price point. This price point will not be reached anytime soon, but the company could see itself in the $800-$900 per share price range before the end of 2021.
At its current price point under $700 per share, we believe this stock is undervalued. This price point could be a "golden-egg" entry for people wanting to hold Tesla for years to come. Whether attempting to hold $TSLA for the long, or wanting to turn some profit in the short, seeking an entry in $TSLA in its current state appears to make sense.
MY ENTRY: $610
STOP LOSS: $575
TAKE PROFIT 1: $775
TAKE PROFIT 2: $900
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Members of our team are followed there.
$QS PT $32 (up to $39) [End of Year]There has been a lot of negative media around $QS but this is because they adjusted their approach to developing those batteries, transitioning to a safer and more practical method of battery development. With that said, QuantumScapes CEO stated in an interview on April 28, 2021, that his firm expects to have major deliverables by the end of the year.
Fundamentally, $QS is a sound start-up that continues to meet milestones; financials and operational cash-flow is healthy, suggesting higher intrinsic value than what is present. There is much more information but for the sake of time, they are meeting the major criteria to be considered a quality stock.
Technically, they have stepped into accumulation phase with buy signals coming from the bollinger band, oscillators, RSI, and MACD. As well, volume depletion has weakened, suggesting that buyers will re-enter the market soon!
Happy Investing!
Time For Yadea To Continue Its UptrendHKEX:1585
Trade Indicators
55 & 233 Daily SMA Cross: +1
Using 55 and 233 as Fibonacci versions of 50 and 200 day moving averages
Currently in golden cross.
55 & 233 Daily SMA as Support & Resistance: 0
Currently not in play.
Relative Strength Index: -0.5
Earlier trend line break on May 20 was accompanied by RSI at 58. This shows strength above 55, but not overbought below 70.
Currently weak below 45.
Price Action: +1
Price is retesting the trend line that it broke out of on May 20, and is also sitting on a key support level at around $15.72, which coincides with the 61.8% Fibonacci retracement level of the move from Nov 11 to Jan 26.
Price Levels
Entry: $15-$16
Entry between this area of strong support.
Stop Loss: $14.60
A break below $15 could suggest further downside.
Target: $23.00
Targeting to take partial profits near the all-time highs, and letting the rest run as a continuation of this uptrend that started in March 2020 is expected to continue.
finance.yahoo.com
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!
The sky's the limitTechnically a potential Golden cross, and fundamentally Arrival seems promising, which went public via a merger with a unique purpose acquisition company (SPAC), has an order for up to 10,000 vans from UPS. Arrival also plans to collaborate with Uber to produce electric taxis in the UK and the Microfactories plan.
Last but not least, I love the product and its target market. I think Arrival will keep growing and a potential slow cook stock that can generate a nice long-term profit.
Arrival and Uber to collaborate on electric Car for the ride-hailing industry
arrival.com
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.
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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.
The next HCMC type play?ABML corp is chilling near the 200 EMA. OTC might make me OCD on the juicy returns.
It looks like it's been consolidating once it bottomed near $1.
A lot of hype surrounding this stock, but hey it's good for the environment. Similar to Redwood Materials but this is hot right now and in Market.
RR ratio always needs to be 1:3+ for me
As per usual, this is a speculative play and just for fun. The closest imitation to HCMC I could muster. Except that was a gem and once off.
Have fun traders. OTC:ABML
(Disclaimer, not financial advice just my opinion)
Will Tesla hold?...A weekly chart of TSLA will show us the longer term trend, which fate could be tested at the $550 level, which is coincidental with the 61.8% Fibonacci Retracement, a break below this level suggests the next target on the downside is $330 approximately.
There is a slight divergence with the RSI, when you take a look at the last bottom. (Bearish)
I will be keeping this on a close watch.