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$RIVN 15 DOLLARS AFTER EARNINGS ? NASDAQ:RIVN 15 DOLLARS AFTER EARNINGS ? Rivian Automotive has confirmed that its next quarterly earnings report will be published on Tuesday, May 7th, 20241. The earnings conference call is scheduled for 5:00 PM Eastern on the same day1. Stock Price Movement: As of now, Rivian’s stock price stands at $9.21 per share1. The stock has been volatile, and investors are closely watching its performance. Market Expectations While Rivian has faced challenges, including supply chain disruptions and production delays, the market remains optimistic about its long-term prospects. The company’s plans to expand its fast-charging network and its innovative electric truck and SUV models have garnered attention. Keep an eye on Rivian’s stock price after the earnings report. If the company delivers positive surprises, we might see movement toward your mentioned target of $15 per share. However, stock prices are influenced by various factors, so it’s essential to stay informed.
NASDAQ:RIVNLong
by NYRUNSGLOBAL
4
TESLA 206 - 216 - 230 TP Why Tesla is Poised for a Bull Run Tesla Inc., the leading electric vehicle (EV) manufacturer, has shown remarkable resilience and growth potential, making it a strong candidate for a bull run. Here are some key reasons: 1. Strong Financial Performance Tesla’s financial performance has been impressive. The company’s revenue reached $81.5 billion in 20221, and its stock price has seen a 5-year total return of 795.71%, placing it in the top 10% of its industry2. Despite a decrease in net income in Q3 20233, Tesla’s overall financial health remains strong. 2. Market Leadership Tesla continues to lead the EV market. It was the most valuable automotive brand worldwide as of June 20231 and led the battery-electric vehicle market in sales1. Despite increased competition, Tesla’s market share in the U.S. and Canada is growing, heading towards 3%, while in Europe and China, 2% is within range4. 3. Production and Delivery Growth Tesla’s vehicle deliveries reached a record 1.31 million units in 20221, showing a steady year-over-year growth. The company’s long-term target is to increase electric car sales by an average of 50% year-over-year4. 4. Expansion Plans Tesla is expanding its manufacturing capacity with new factories in Germany and Texas5. These new facilities will help meet the growing demand for Tesla’s vehicles, potentially driving further growth. 5. Innovative Product Line Tesla is not resting on its laurels. The company plans to launch new models, including the Cybertruck, Semi, and Roadster6. The introduction of these new vehicles could attract new customers and boost sales. 6. Charging Infrastructure Tesla’s plans for the world’s largest Supercharger station in California7 indicate the company’s commitment to developing a robust charging infrastructure. This will not only benefit current Tesla owners but also make EVs more appealing to potential buyers. 7. Strategic Market Moves Tesla is making strategic moves to capture more market share, such as lowering the price of its cars in China and emphasizing online sales8. These strategies could significantly impact future earnings. In conclusion, Tesla’s strong financial performance, market leadership, production growth, expansion plans, innovative product line, development of charging infrastructure, and strategic market moves position it well for a bull run
NASDAQ:TSLALong
by NYRUNSGLOBAL
TESLA 300 AFTER EARNINGS ? 3 STRONG REASONS !! Strong EV Market Position: Tesla’s electric vehicles (EVs) remain popular, with the Model Y and Model 3 ranking among the top-selling vehicles in the U.S. in 2023. Even as legacy automakers enter the market, Tesla’s success suggests continued consumer preference for its vehicles. Cybertruck: Tesla’s long-awaited Cybertruck could be a game-changer. Pickup trucks have high gross profit margins, and if Tesla prices the Cybertruck right, it could boost their overall profitability1. Regulatory Credits and Rebates: As Europe tightens regulations on internal combustion engine (ICE) cars, Tesla may receive more regulatory credits (from competitors like Fiat) going forward. Full Self-Driving (FSD) Technology: Analysts estimate that Tesla’s FSD technology could potentially raise earnings per share by $1-$2 annually through the end of the decade.
NASDAQ:TSLALong
by NYRUNSGLOBAL
4
Is LCID Ready to Defy Gravity?!Here I have NASDAQ:LCID on the Daily Chart. Price has been wrestling with the ( $2.55 - $2.30 ) area all 2024, but with the new Gravity SUV finally in production: www.tradingview.com along with tension easing from speculation on what the Trump Administration plans to do with the EV Sector: www.tradingview.com We could see Price on NASDAQ:LCID take off! Since the August High's @ ( $4.43 - $4.25 ), Price has been following a Falling Resistance but we see on Dec. 6th, Price not only became extremely Bullish testing the Falling Resistance from underneath but also: -Built Massive Bullish Volume -RSI Pushed Above 50 -Followed by a Bullish Candle Close outside of the Falling Resistance to start the week on Dec. 9th. *Suggesting Market Sentiment is changing and Bulls could be getting ready to take over! Today on the 11th we see Price has made a Pullback to the Falling Resistance to Retest the Break @ $2.28 and is currently trading up to $2.35 showing a good Bullish reaction to the Lower Prices now! We must continue to see RSI stay Above 50 and Bullish Volume remain dominant upon Prices rise along with good output from the new product line and the company continuing to gain investing support!
NASDAQ:LCIDLong
by Novi_Fibonacci
VALE: Elliott Wave AnalysisWe're looking at an Expanded Flat correction in Wave 2, with Wave C forming a Complex Corrective ABCDE triangle pattern After breaking down from the triangle pattern, Wave C is likely to terminate near major support levels (~$7.50-$6). Implications for Wave (3): Once Wave (2) concludes, a powerful impulsive Wave (3) is expected, with targets around: $27-29 (161.8% extension). ~$40 (261.8% extension). The triangle within Wave C suggests exhaustion of the bearish trend, setting the stage for a multi-year rally. Based on Vale's goals in producing and expanding on their "energy transition" metals like nickel (currently the second largest nickel miner in the world) and copper, and the demand for EV batteries. It's likely that Vale will benefit. This is a long projection so Vale will have to execute on all its timelines and goals for production capacity. Best of luck all.
NYSE:VALELong
by HassiOnTheMoon
DON'T SLEEP ON TESLA ON A... WELL, NEVER SLEEP AGAIN. TSLA 420. ALRIGHT, LET'S TRY THIS AGAIN. Tesla has a cool trend setup, retracement setup and indicator alignment into earnings. A REALLY STEEP DROP from earnings, past 134 and all the way down to around 96, could trigger a nice move to the upside that you won't want to miss. I know, TSLA to 74 or 30 or 10 (it's garbage). Well, no, I disagree. At least in the short term. After it runs up again, I could easily see it back down to some low numbers. But right now, heading into earnings, a big move is showing that looks very similar to what I've shown. My line, expect it to be inaccurate, instead focus on the price targets. At 175.01 = full bull to the moon 238k miles, maybe overshoots that. There will be retracements, but if this move is based around btc, it could be FAST. So, probably best to never sleep again, and watch the tsla chart 24/7. RSI technically bearish, but they all look like they are about to flip, BUT they haven't yet, so we can't assume. We have to keep the projection based on charts, which says, if 134 holds and we get over 175 with stability, then green light, probably. If earnings crashes price to under $100 for a brief amount of time, you probably want to yolo the dip. Calls would be very cheap at that point, and if you're bullish in any way, even if it's not to my numbers bullish, then it's still probably free money. I won't be upset should you disagree, feel free. And I look forward to your rubbing of profits in my face, should you be correct. Truthfully, I'd like to see everyone make a ton, no matter what your opinion is (bear/bull). LOTS OF MOVEMENT to trade in two directions. Things don't go up forever, things don't go down forever, and if they do, it would be an outlier to most market movements. Good luck!! SOME FUNDAMENTAL RESEARCH: 1. **Tesla Fundamentals**: - Tesla, the electric vehicle (EV) company founded by Elon Musk, has seen remarkable growth in recent years. Their fundamentals include strong demand for EVs, innovative technology, and a charismatic CEO who captures public attention. - However, Tesla's financials have been volatile due to high R&D costs, production challenges, and regulatory hurdles. Despite this, their stock price has surged, making them one of the most valuable automakers globally. 2. **Bitcoin and Dogecoin Investments**: - Tesla made headlines when it disclosed a $1.5 billion investment in Bitcoin. This move signaled institutional interest in cryptocurrencies. - Elon Musk's tweets and actions have influenced crypto markets. Tesla's investment in Bitcoin adds legitimacy to the asset class. - As for Dogecoin, Tesla has not officially invested in it. However, Musk's tweets and memes have boosted Dogecoin's popularity. It's important to note that Dogecoin is highly speculative and lacks fundamental value¹. 3. **Software Subscription vs. Hardware Sales**: - Morgan Stanley believes Tesla could make more money from software subscriptions than hardware sales. Tesla's vehicles are equipped with advanced software features (Autopilot, Full Self-Driving) that can be unlocked via subscription. - By offering software upgrades, Tesla can generate recurring revenue. This model aligns with the trend toward software-defined vehicles². 4. **Data Collection and Auto Driving**: - Tesla collects vast amounts of data from its vehicles, especially those equipped with Autopilot. This data helps improve autonomous driving algorithms. - Tesla's fleet provides real-world data for training AI models, giving them a competitive edge in self-driving technology. - Monetizing this data could be lucrative. Tesla could license it to other companies or use it for targeted advertising. 5. **Leasing Software vs. Selling Cars**: - Leasing software (e.g., Full Self-Driving subscription) allows Tesla to generate ongoing revenue without selling additional hardware. - Traditional automakers rely on upfront car sales, which can lead to debt if demand fluctuates. - Tesla's approach disrupts the industry by emphasizing software and services over traditional car sales. In summary, Tesla's fundamentals, crypto investments, software subscriptions, data collection, and unique business model contribute to its success and potential for future growth. However, risks remain, and the EV landscape is evolving rapidly. Other automakers are also adapting to these changes, but Tesla's early lead gives it a competitive advantage¹². 🚗💡📈 Source: Conversation with Bing, 4/22/2024 (1) Tesla, Dogecoin & Institutional Interest: A Data Perspective by .... coinmarketcap.com (2) Tesla (TSLA) could make more money from software subscription than .... electrek.co (3) Dogecoin | Tesla Support. www.tesla.com
NASDAQ:TSLALong
by nicktussing77
TSLA: 750 PT, for 2025Strictly off a long term investor perspective, and not a trade idea. I buy companies I know will be successful in the future... And do technical analysis for fun. We are entering in the final 5th leg of an impulse wave with a clear break on the monthly timeline out of the bull wedge pattern that has lasted 4+ years (e.g. "corrective wave 4") If you wanted an opportunity to buy, it has been there for you for over 4 years. However, taking advantage of the final wave is upon us. Based on technical price projections (there are many), but I'm looking at the smallest projection, taking us to 750. I believe overall, on a macro level, 2025 will be that last run in this crazy bull market and we will likely need to see a good strong correction. Not until we have had our fun first! Do your own DUE DILIGENCE. Best of luck all...
NASDAQ:TSLALong
by HassiOnTheMoon
ACHR: Long Position (Two phases): Wave 5 and post-correctionToday, I want to share a trade idea on Archer Aviation Inc. (ACHR), leveraging the current market structure and technical indicators to maximize gains. This plan follows a two-step long strategy: first, capturing the ongoing Wave 5 rally, and then exiting to wait for the corrective ABC pattern before re-entering for a bigger move towards the Q1 2025 target. Step 1: Ride the Wave 5 Momentum ACHR is about to start its Wave 5 rally, offering an excellent short-term long opportunity. Let’s break it down: Slow Stochastic Bullish Momentum The Slow Stoch oscillator is signaling strong bullish momentum, albeit in overbought territory. This is typical during Wave 5 and suggests further upside potential before the trend exhausts. Staying with the momentum while it lasts can be very rewarding. Massive Volume Spike In the last three weeks, ACHR has seen a significant increase in volume, indicating strong buying interest. Volume often leads price, and this kind of activity strengthens the case for continued upward movement. The surge in interest can drive the stock toward its next key resistance around $9.84. Fundamental Catalysts Driving Momentum Recently, ACHR has achieved major milestones, such as progress on FDA approvals and securing new contracts and orders. These developments add to the bullish sentiment, attracting more traders and creating a supportive backdrop for the rally. Trade Execution : Enter a long position now to take advantage of the current momentum and aim for a target near $9.84 (the resistance zone). Consider tightening your stop-loss to protect profits as the stock approaches this level. Step 2: Exit, Wait for the ABC Correction, and Re-Enter for a Bigger Move After completing Wave 5, the market is likely to enter a corrective ABC phase. This is where it’s smart to exit your position and wait on the sidelines. Why? The correction will likely bring the price down to a more attractive level, allowing for a better risk-reward setup for the next big move. Once the ABC correction concludes, re-entering around the key support zone sets up a new long opportunity with an eye toward the Q1 2025 target of $12. The long-term fundamentals of ACHR and its growing momentum in the market make this a high-probability setup. Trade Execution: Watch for the corrective phase after Wave 5 completes. Use Fibonacci retracement levels or support zones to identify a potential re-entry point. Final Thoughts This two-step strategy focuses on trading the immediate momentum of Wave 5 while preparing for the post-correction opportunity. The increased volume and bullish technicals, supported by ACHR’s strong fundamentals, create a high-confidence trade setup. Timing your entries and exits carefully will allow you to capitalize on both the short-term rally and the long-term upside. What do you think? Let me know your thoughts or how you’re planning to trade ACHR in the comments!
NYSE:ACHRLong
by felipegomesbwm
2
NIO Trendline Break PossibleGood evening traders, After NIO's rapid growth Pre-Covid, the company has failed to make a comeback. In my opinion this was due to its rapid growth and impulse move back in 2020. My rule with impulse moves is the market will tend to retrace 100% of its initial move. Following the fall of NIO for the past several years, it has clearly been bouncing from a descending trendline and so far it has touched 4 times. I expect NIO to continue to drop, the $3.00'ish price seems to be a good price to enter with a possibility of it reach the $1.00 area. I'm expecting a breakout soon followed by a retracement back to the trendline and bounce up until is reaches the $27 dollar area. This is just the technical aspect of this analysis. Hope this helps some of you with your investments. Don't forget to like and follow for more trading ideas & trading opportunities. Happy Trading!
NYSE:NIOLong
by Vic_Tech_Trader
TSLA: Seize the chance to buy low!NASDAQ:TSLA Currently trading at $219, TSLA recording a very weak reaction to the recent robotaxi news. However, with a neutral to bullish stance reflected in its technical indicators, I foresee a medium-term buying opportunity with a highly favorable risk-reward ratio of over 3:1. Let's see the details: Weekly Technical Analysis: Oscillators Relative Strength Index (RSI) (14): Value: 50.72 Action: Neutral Stochastic %K (14, 3, 3): Value: 53.33 Action: Neutral Awesome Oscillator: Value: 36.23 Action: Neutral These oscillators in neutral territory leave ample room for the stock to run in the current favorable market conditions, furthermore: MACD Level (12, 26): Value: 9.06 Action: Buy Momentum (10): Value: 18.17 Action: Buy The combination of MACD and momentum indicators points to bullish potential that could propel the stock in the coming weeks. Now let's examine the trend analysis Moving Averages: Short-term (10, 20): Both EMAs and SMAs are currently in sell territory, indicating potential resistance at these levels. Medium-term (30, 50, 100): These moving averages are signaling a buy, suggesting a transition to a more bullish phase. While short-term sell signals from the analyzed moving averages indicate that selling pressure remains, the medium-term outlook is significantly more supportive of a bullish scenario. Along with oscillators, this tilts the balance toward the buy side. Trading Strategy Entry Point: Consider entering a long position at the current market price, with a stop loss set at $198 to protect against potential downside. Target Price: Aim for a target of $283, which offers strong upside potential relative to the risk. Risk-Reward Analysis The risk-reward ratio for this trade is compelling. With a target of $283 and a stop loss at $198, this setup offers significant upside, with potential gains exceeding the risks by more than three times. Conclusion Given the current technical indicators, Tesla presents a promising opportunity for traders. Bullish signals from the MACD and momentum indicators, combined with strategic entry and target levels, suggest a strong potential for upward movement. However, remain vigilant and adjust your strategy as market conditions evolve. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and you should do your own research before making any investment decisions. Past performance is not indicative of future results.
NASDAQ:TSLALong
by CF_444
LI AUTO EARNINGS CHART HALLOWEEN EDITIONRSI labeled Trends labeled this chart is more short term and I included a projection that you don't want to follow exactly as it's just to show an idea and allow me to check back. Instead follow the price targets and main trend line which is purple. Earnings sees a lot of stocks move a lot over a SHORT time, which makes a move that brings price down and quickly back up and can set it on the next projection, which ultimately would see it go down based on past things seen. Fundamentals not included in this chart analysis This is all ta with an aggressive approach towards earnings, and sometimes highly inaccurate. Good luck traders Make sure to view more charts than just this idea. Per this idea to state it clearly, DROP then BIG up to close price gaps and possibly set a new high, which ultimately takes it down to a lower price and gives it a long term projection of bullish. Again, fundamentals not included. The ??? is a zone where this chart is highly out of date and I have no clue where it should be or could be heading other than that, the projections extended out show the marked area where you might expect to see the "trends" meet up again and allow the entry and exit prices to actually fit within a reasonable time frame. Pumpkin included because spooky day theme. lol, hope all this helps you in your decision with this or at least gives you another view on earnings to consider.
NASDAQ:LI
by nicktussing77
MULTIBAGGER Series - Stock 1Hello guys! I am starting a new series this Diwali, where I will post stocks which may achieve multibagger growth. Investing in such companies bring a high risk factor so please do your own analysis before investing. The first stock is SHREE OSFM E-Mobility Ltd. SOEML offers employee transportation services to large multinational corporations (MNCs) in India, serving sectors such as IT/ITES, aviation, and more. The company operates with a primarily asset-light model, where services are typically offered through monthly leases, per kilometre rates, per passenger trip, or package models. It has a significant presence across major Indian cities, catering to the transportation needs of various corporate clients. REVENUE: In FY24, company generated revenue from Vehicle Hire Charges Received, which was ~43% higher than FY23. In big cities such types of business are a success due to urbanisation and MNC work culture. The company has not taken any funding and are expanding with the help of the profits made. Do some more research and write any important points in the comments section below. Visit the website and read the financial documents. Hope you learned something new from my ideas. Do like, share and follow me. Thank you!
NSE:SHREEOSFMLong
by ronak16125
Li Auto in the Fast Lane! Li Auto (LI) is building strong bullish momentum, with a gap forming at the $26.00 level. A breakout above the $30.50 resistance would confirm further strength, positioning the stock to reach the $47.33 weekly resistance. With a favorable 3.33 risk-to-reward ratio, this trade offers a compelling opportunity, while a stop-loss at $23.97 ensures controlled risk. Li Auto’s leadership in the hybrid electric vehicle (EV) market plays a key role in its growth, offering extended-range EVs that appeal to a broader consumer base. As China’s economy begins to recover, supported by easing policies and increasing domestic consumption, the demand for EVs is expected to rise. With production capacity expanding and government incentives favoring hybrid and electric vehicles, Li Auto is well-positioned to capitalize on this rebound. This combination of technical momentum, market fundamentals, and the economic recovery in China sets the stage for Li Auto’s push toward the $47.33 target. NASDAQ:LI
NASDAQ:LILong
by The_Trading_Mechanic
Full Throttle! XPeng Powers Up for a Push to $23.63XPeng is building strong bullish momentum, with a gap forming around the $10.00 level. A break above the $13.73 resistance level would confirm the next leg up, positioning the stock to reach the $23.63 weekly resistance. With a compelling 5.15 risk-to-reward ratio, this setup offers a favorable opportunity for traders, while managing risk with a stop-loss at $8.77. XPeng’s position in the growing electric vehicle (EV) market supports its bullish outlook. The company is expanding rapidly, with increased production capacity and new model launches targeting both domestic and international markets. As consumer demand for EVs grows, alongside government incentives, XPeng is well-positioned to capture market share and drive revenue growth. This combination of technical strength and market expansion creates a solid case for XPEV’s push toward $23.63 in the near term. NYSE:XPEV
NYSE:XPEVLong
by The_Trading_Mechanic
TESLA Have today's upbeat earnings erased the Robotaxi disaster?Tesla (TSLA) reported yesterday third-quarter results that beat Wall Street estimates and said it expects to achieve "slight" growth in deliveries this year. This was enough to send the price in an after-market frenzy and so far in-session rising almost by +20%. In fact, Tesla's market cap has increased by $126B today, the largest single day jump ever! Those earnings may prove to be pivotal for the automaker as they come just a few days after the Robotaxi event, which the market considered disappointing. So can those earnings result be enough to reverse Tesla's fortunes, which has been massively underperforming relative to (particularly) the rest of the Magnificent 7? Well this can be answered through a technical perspective, with a chart that we published more than 2 months ago (August 15, see chart below): That was Tesla's Channel Up since the January 06 2023 market bottom on the 1W time-frame, where we caught a buy just after the August 2024 Low. We projected that to be halfway through the new long-term Bullish Leg of the Channel. The recent October correction can be viewed as the April 24 2023 2nd wave of the mid-term pull-back of the Bullish Leg. On the current analysis we view the same pattern but on the 1D time-frame, where the 1D MACD in particular excels at illustrating the identical nature of the two Bullish Legs price actions. Right now the MACD is forming the 2nd clean Bullish Cross under the Lower Highs belt, a formation which on May 04 2023 turned out to be the confirmation that started the 2nd phase of the Bullish Leg that completed a +195% rise from the January 2023 bottom. As a result, not only do we expect the stock to reach Resistance 1 (299.50), which is the July 19 2023 High before the year ends but also test Resistance 2 (385.00), which is the April 05 2022 High by January 2025. Our Target long-term remains a straight up $380.00 as we pointed out those months back. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLALong
by TradingShot
3
Tesla (TSLA): Stuck in a Range after Robo Taxi rumors fizzledAfter being stopped out on our second entry in Tesla, it's time to take another look, although it has been quite uneventful since the big rise on the Robo Taxi rumors back in July. It was a classic “buy the rumor, sell the news” event, showcasing how markets tend to price in events well ahead of their occurrence. Musk's statement that Cybercab production could begin "before 2027" is also seen as highly questionable, given his history of missed deadlines. Tesla recently got approval from local authorities near its gigafactory in Berlin to move forward with its three-stage expansion plan. Despite protests from locals, this approval allows the company to start building infrastructure for storage facilities, a battery cell test lab, and logistics areas. All of this will take place on land already owned by Tesla. Whether this expansion will be beneficial or problematic for the company remains to be seen in the coming months. Currently, we still have our limit order from $177 running, and things are looking alright. To better illustrate the situation, we added a fresh chart of Tesla’s range, which clearly shows the situation. After reclaiming the range middle in July, Tesla briefly dipped below but rebounded perfectly from $183, a critical POC (Point of Control). Since July, Tesla hasn’t made any new higher highs, nor has it made lower lows, placing the stock in a tight range. If Tesla loses the range middle, we could see a drop to $183 or even $160. On the upside, breaking above the range high would be essential for further momentum. It's crucial to focus on higher time frame levels and avoid getting caught up in short-term news or noise. We’ll continue to monitor Tesla’s key levels and update you if any significant movement occurs. 🤝
NASDAQ:TSLALong
by freeguy_by_wmc
BMW (BMW): Navigating Through Uncertainty in the Auto MarketThe German automotive industry is currently facing significant challenges, from rising production costs and the transition to electric vehicles to increased competition from China. Despite these hurdles, we believe that most of the negative factors are already priced into the market. From a technical perspective, we’re zooming out to get a broader view of BMW. Ignoring the COVID-19 dip, BMW has been ranging between 55€ and 113€ for an extended period. We anticipate that this range will continue, as markets tend to range 70% of the time. Right now, BMW is at a critical level, either bottoming out for the fourth time or, more likely, preparing to break below and collect the sell-side liquidity that has accumulated over the past three years. Our plan is simple: We’re monitoring this closely, with alerts set to notify us if the stock dips below this level. Should this occur, we’re looking at a potential entry near 62€. We will update you with our strategy once this scenario unfolds.
XETR:BMWLong
by freeguy_by_wmc
1
Can a Prancing Horse Outrun an Electric Future?In the ever-evolving landscape of luxury automobiles, Ferrari stands as a beacon of innovation and exclusivity. The recent upgrade from J.P. Morgan, elevating Ferrari's status from "Neutral" to "Overweight," underscores the company's resilience and strategic prowess in navigating complex market dynamics. This vote of confidence, coupled with a substantial increase in the price target to $525, reflects Ferrari's unique position in the luxury sector and its ability to maintain growth even in the face of global economic challenges. At the heart of Ferrari's success lies a paradoxical strategy that defies conventional wisdom: deliberately producing fewer cars than the market demands. This approach, rooted in the vision of founder Enzo Ferrari, has cultivated an environment of perpetual desire and scarcity. With a staggering backlog of 24 to 30 months, Ferrari has not only engineered exceptional vehicles but has also orchestrated an "underappreciated cultural evolution" within the company. This disciplined approach to growth, combined with the power to command premium prices, provides unparalleled visibility into future earnings and sets Ferrari apart from its luxury peers. As the automotive industry races towards electrification, Ferrari is poised to redefine the boundaries of performance and sustainability. The company's foray into the electric vehicle market, promising an "incredible driving experience" that remains true to the Ferrari ethos, demonstrates its commitment to innovation while preserving its core values. However, this journey is not without obstacles. Ferrari must navigate challenges such as an ongoing investigation into its chairman and the conclusion of a key partnership with Santander. Yet, with strong financial performance, positive investor sentiment, and a clear strategic vision, Ferrari appears well-equipped to maintain its pole position in the luxury automotive market, promising a future as thrilling and exclusive as its storied past.
NYSE:RACELong
by signalmastermind
TESLA Can it reverse the ROBOTAXI DISASTER?Tesla (TSLA) plummeted on opening today following yesterday's Robotaxi event, dropping as much as -10% intra day below its 1D MA50 (blue trend-line) and touching the 1D MA100 (green trend-line) for the first time since August 05. The market clearly considered the Robotaxi and the other aspects of the event a disaster fundamentally and the early impression is imprinted on this price collapse. The question on investors' minds is, can the company reverse the sentiment? Well, technically there is a big reason why the price has been pulling back since the September 30 High and that is simple. It has been rejected exactly on the Lower Highs trend-line that started on Tesla's All Time High (ATH) back on November 04 2021. As you can see, this powerful multi-year Resistance has already 5 rejections (red circles) under its belt. But on the bright side, the price has shown clear signs of reversing this long-term and the biggest is the Higher Lows since the January 06 2023 market bottom (the 2nd Higher Low on April 22 2024). On top of that we are seeing the potential for a Channel Up (blue) since the April 22 2024 bottom and is being supported by the 1D MA100. Below that, the last (symmetrical) Support Zone is offered by the 1D MA200 (orange trend-line) and the 195.00 level (so a zone roughly within 195.00 - 203.00). Below that, the recovery potential is endangered to a great extent. So to summarize, there are strong support levels that may cause yesterday's disastrous fundamental sentiment to reverse but most of all, Tesla needs to break above its ATH Lower Highs trend-line. If it does, the first target of the new Bullish Leg should be $380.00 (Higher High on the blue Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLA
by TradingShot
4
RIVIAN 25 COMING.... 🎉 Why Rivian's Stock Price Could Hit $25 🎉 Innovation and Product Appeal: Rivian has been making waves with its innovative electric vehicles like the R1T and R1S. The anticipation around new models and features, like the Gear Guard live cam and Tri-zone climate control, keeps the brand's allure strong among tech-savvy consumers and environmental enthusiasts. The unique selling points of these vehicles could drive demand, positively impacting stock value. Strategic Partnerships and Market Positioning: The relationship with Amazon for electric delivery vehicles positions Rivian as a key player in not just the consumer EV market but also in commercial applications. This could lead to steady order flows and visibility, crucial for investor confidence. Production Scale and Cost Reduction: Rivian's focus on scaling production, especially with the introduction of its in-house Enduro drive unit, aims to reduce costs significantly. As production ramps up, achieving economies of scale could lead to better margins, making the stock more attractive. Investor Sentiment and Analyst Predictions: Despite variations, there's a notable optimism among analysts with a mix of hold and buy ratings, suggesting that many see potential for growth. The consensus price targets around $17.68 with highs up to $28 indicate that reaching $25 isn't far-fetched, especially if Rivian meets its production and innovation goals. Market Expansion and Brand Loyalty: Initiatives like The Good Project, where Rivian vehicles are used for community service, not only enhance brand image but also foster loyalty. Exclusive offers for existing customers to upgrade to newer models could retain and grow the customer base, indirectly supporting stock price through sustained demand. Technological Advancements: Rivian's development of proprietary technology, including its own chips and operating system, could insulate it from supply chain issues and offer competitive advantages. Innovation in software updates like dynamic headlamp leveling shows a commitment to continuous improvement, which could excite investors. Market Sentiment Towards EVs: The broader trend towards electric vehicles continues to gain momentum. As more regions implement policies favoring EVs, companies like Rivian, which are pure-play EV manufacturers, stand to benefit from this shift, potentially driving up stock prices. Financial Health and Investment: While Rivian has significant cash reserves, managing these effectively for growth without excessive dilution could reassure investors. The strategic use of funds for R&D and scaling could pave the way for profitability, a significant milestone for stock valuation.
NASDAQ:RIVNLong
by NYRUNSGLOBAL
Tesla Stock Slips as Deliveries Miss ExpectationsTesla (NASDAQ: NASDAQ:TSLA ) saw a notable decline of 5% in early trading Wednesday following the release of its Q3 2024 delivery and production numbers. While the electric vehicle (EV) giant reported 462,890 deliveries—slightly above analysts' predictions—investors had anticipated higher performance, leading to a sell-off. This drop brings NASDAQ:TSLA down to $244.86, reflecting the ongoing battle between Tesla’s robust market presence and increasing competition from global automakers. Q3 Delivery Report: Falling Short of the Hype Tesla (NASDAQ: NASDAQ:TSLA ) delivered just under 463,000 vehicles in Q3 2024, surpassing the 461,000 estimate, but investor sentiment seemed to have set loftier expectations. The production numbers were similarly positive, with Tesla (NASDAQ: NASDAQ:TSLA ) producing 469,796 vehicles, up from the 430,488 vehicles produced a year ago. Despite this growth, the stock slipped as the market had expected a more substantial increase to sustain the company’s valuation, which had already jumped 32% in the previous quarter. Analysts from Wedbush described the report as "a step in the right direction" but also noted that some investors may have been looking beyond these delivery figures, anticipating the October 23 earnings report and the unveiling of Tesla’s much-discussed "robotaxi." Still, Tesla faces ongoing headwinds, especially in the competitive EV landscape. Competition Heats Up Tesla’s dominant position in the EV market is increasingly challenged, especially by Chinese automakers like BYD and Geely, as well as emerging rivals Li Auto and Nio. In the U.S., Rivian, Ford, and General Motors are all making headway into the EV space, with GM recently reporting a 60% year-over-year increase in EV sales. Even with Tesla maintaining a significant lead in the U.S. market, these rising competitors are placing pressure on its growth trajectory. Tesla’s lack of specific delivery guidance for 2024 raises additional concerns. Although the company’s sales are growing, its ability to maintain such momentum amid fierce competition is in question. Analysts will be closely watching Tesla’s October 23 earnings report, with a particular focus on profit margins and how Tesla navigates the balance between maintaining its market share and controlling production costs. Technical Analysis: The Chart Speaks Volumes On the technical side, NASDAQ:TSLA ’s stock is showing signs of weakness. As of the time of writing, the stock has dropped 3.57%, with a Relative Strength Index (RSI) of 57.43—an indicator that the stock is losing its buying momentum and moving closer to a neutral or selling zone. While Tesla (NASDAQ: NASDAQ:TSLA ) remains above its 50-day and 200-day moving averages, suggesting underlying strength, the dip in RSI indicates potential volatility. Tesla’s ability to stay above key moving averages amidst such market pressure will be critical in determining its next moves. Investors should keep an eye on whether the stock can sustain levels above its moving averages or if further selling pressure will drag it down into a correction territory. As the market awaits the earnings report later in the month, these technical patterns could provide a roadmap for short-term traders. Tesla’s Future: More than Just Deliveries Tesla’s long-term growth story remains intact, bolstered by innovations like self-driving technology and upcoming projects like the robotaxi. However, the EV maker must continue to outpace competitors and reassure investors that it can meet growing demand without sacrificing profitability. As the global EV market matures and competition ramps up, Tesla’s ability to innovate while maintaining healthy margins will be the key to its future success. In conclusion, while Tesla’s Q3 delivery numbers met expectations, they fell short of the hype, leading to a sell-off. The stock remains technically strong, but investors should be cautious as it approaches critical RSI and moving average levels. With earnings just around the corner and Tesla’s next big product reveal on the horizon, the coming weeks will be pivotal for the company’s stock performance.
NASDAQ:TSLA
by DEXWireNews
Tesla (TSLA) AnalysisCompany Overview: Tesla NASDAQ:TSLA continues to lead the electric vehicle (EV) market, and its ambitious leap into humanoid robotics with the Optimus robot could open up massive new revenue streams. CEO Elon Musk projects this venture could unlock a $200 trillion opportunity, particularly in household and manufacturing applications. Key Catalysts: Optimus Robot: Visionary investors like Cathie Wood of ARK Invest estimate a $12 trillion market for humanoid robotics, where Tesla aims to be at the forefront, revolutionizing industries. Full Self-Driving (FSD): Tesla's advanced FSD technology could be licensed to other automakers, creating new revenue channels. Musk’s long-term goal of launching an autonomous ride-hailing business or robotaxi fleet offers additional upside potential, which could reshape the automotive and transportation landscape. Expanding Market Potential: Beyond EVs, Tesla's expansion into AI-driven robotics and autonomous vehicles places it at the intersection of multiple high-growth markets. Investment Outlook: Bullish Outlook: We are bullish on Tesla above $193.00-$195.00, signaling strong confidence in its continued leadership in both the EV and emerging robotics sectors. Upside Potential: Our target for TSLA is $360.00-$370.00, driven by the potential commercialization of humanoid robots and further advancements in autonomous driving technology. ⚡️ TSLA—Driving the Future with Innovation in EVs, AI, and Robotics. #EVs #AI #AutonomousDriving
NASDAQ:TSLALong
by Richtv_official