Electricvehicles
Workhorse WKHS - Big Potential BTD Opportunity LONGWorkhorse is slowly retracing after printing its ATH back at the start of Feb 2021 for $42.93.
We are currently sitting at the midpoint of the ascending channel at around $34 .
Looking at the speed of the WKHS rise I would like to see a retrace back down to the box marked on the chart, with confluences at the 0.618 Fib , 200EMA and Volume profile and the bottom of the channel .
I have alerts set and will be prepared to be buying up this Stock which has a big future .
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2021 MomentumCelsion Corp was said that they were approx. 85.1% toward a six-month movement in very active premarket, and could potentially double in two days, However, these other companies could potentially continue seeing momentum in 2021. Who knows who? Right?
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
Update on $ACTC, I Remain EXTRA BullishI've corrected my last idea ( ) on the formation of the Bullish pennant and the date of my PT.
MACD and RSI on the 3-month are still looking very tasty. As I described in my last $ACTC post, Proterra has a strong presence in the EV space- owning 50% of the North American market share within EV bus sales.
Short interest has also DOUBLED in a two-week timeframe. nasdaqtrader.com
This is a 10yr+ hold for me. Crazy how little conversation is going around about this hidden gem!
FSR: Solid Technical Play on Breakout From ConsildationFSR has been consolidating since early december between 14-16 range along with forming a downtrend line since it's highs in late November. Stock is gapping up pre market breaking through that $17 resistance level on Morgan Stanley launching coverage with a $27 price target. I am targeting that same level as a profit taking spot for this trade. This is a something where I am going into it as a trade, but I could see it turning into an investment for me. EVs are the future, but there is far too much froth in the market and not all these EVs will make it.
Switchback Energy - two possivle routs - Q1Switchback Energy - two possivle routs - Q1 - depends if it can break out on top of the tirangle or will make a second round to build a bullish flag.
Expecting strong support around 50 days EMAIt's rare to see NIO bouncing around its 50 days moving average during such a booming EV market. As I see the bullish momentum continuing I expect to see strong support and bounce back in NIO stock. I could also see the bounce back being even faster, in the case of NIO releasing especially good delivery numbers for February.
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
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
TESLA (TSLA) - Bullish Flag Pattern + 50MA Support+ Bullish Flag pattern
+ 50MA Support
+ Good Risk/Reward entry for long position
Not an investment advice. Don't be that guy.
Previous pattern invalidated.
TESLA (TSLA) - Bullish Symmetrical Triangle.
+ Textbook bullish symmetrical triangle pattern (there's also a possibility for a Pennant pattern)
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
$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