VEV -- Gap fill playUnder the radar Electric Bus & Truck manufacturer trading near recent lows. Good opportunity on 1.07 gap fill.
EV
KPITTECH is in retracement after Channel breakoutNSE:KPITTECH midcap broke out channel pattern on 2022-09-22 and is in retracement at channel resistance turned as support.
Pros:
Strong fundamentals and financials.
Consistent revenue and profit growth.
-ve net debt.
Consistent dividend yield.
Cons:
Continuous reduction in FII and DII holding.
High PE ratio.
Price above Intrinsic value.
Entry : Enter if price goes above recent high of 684 with strict SL.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
XPEV | Triple Divergences| Great EntryXPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.
I still use dollar cost averaging as a way to minimize risk and guarantee a good return. Patience is required in this process.
Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.
Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share.
By buying regularly in up and down markets, investors buy more shares at lower prices and fewer shares at higher prices.
Dollar-cost averaging aims to prevent a poorly timed lump sum investment at a potentially higher price.
Beginning and long-time investors can both benefit from dollar-cost averaging.
Not financial advice. Always do your research!
TATAELXSI is near support line of channel patternNSE:TATAELXSI large cap IT stock is near the support of channel pattern formed since 2021-04-01
Pros:
Consistent increase in Revenue and Profit
Zero net debt, very low debt to asset ratio
Consistent dividend payer
Cons:
Trading at very high PE ratio.
Short term : For short term gains, buy at channel bounce around 8700 and above and exit at 20% gains.
Long term : Since the channel is formed for 1.5 years, higher gains can be obtained in long term by accumulating more at lower levels. Buy around 8200 and more at lower levels. Exit can be near the resistance reversal or after breakout (if any). This can nearly provide 50% for full up move.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
Tesla Stock using trend, volume, and funadamental ratiosPredicting the future is difficult, isnt it? I'm not very good at it. That being said, I have got gotten good at choosing the scenarios I prefer and avoiding ones that look unfavorable. Charts and fundamental data, combined with as much reading on future prospects of a company, thats they way to go in my opinion. NASDAQ:TSLA
LI | Loving This Play | EVLi Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, China.
F Head and Shoulders SHORTFord had great earnings and revenue beats in July however inflation
is eroding the purchasing power while Ford raised the price of its flagship
EV, the Lightning by $8000+ and supply chain issues persist.
The 2H Chart shows a head and shoulders pattern with price currently
sitting at the trigger area at a time when the general markets are
"challenged".
Shown on the chart are the mid-Fibonacci levels on the retracement
of the uptrend which started July 5th and ended about August 16th.
Thye may suggest that F could downtrend into targets in the range of
14.3 to 13.05 over the typical slow and weak month of September.
In consideration of this, I will go flat on call options and watch for
Ford's further trend.
$CHINAH support should hold 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
This move will benefit $NIO and $BABA. They have been growing exponentially overseas in China and other countries. My team believes that the Chinese will continue to stimulate their economy financially in order to reverse the damages caused by the Covid-19 pandemic and lockdowns.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
NKLA - like the mythological bird from which the city it is headquartered is named- CAN IT RISE AGAIN ?
The 4H Chart shows NKLA sitting on a support zone with the resistance
zone 35% to the upside. The RSI indicator shows bullish divergence
on the downtrend which has now reversed.
I see this as a low-risk long trade setup.
$MULN Stoch RSI and Chart look primed to pop to top resistanceWeeks of constant downtrend look very likely to start recovery soon. $MULN will be delivering EV cargo vans in Q2. They have applied for a $450M ATVM governmental loan. The Mullen Five looks absolutely stunning. Marketcap is under $30m? Seems like an obvious buy. Enter at your own risk. These are my opinions only and should not be considered as advice. I have started a position recently in $MULN common stock.
SELL TSLA BUY FORDThis DAILY CHART shows the ratio of the TSLA price to the F price
to generate signals to buy and sell Ford and Tesla by exchanging
stock one for the other upon a signal.
Eton Musk who is not a stupid or poor guy just the other day
sold $6 TSLA stock at the local pivot high. He is an insider;
others will follow his lead.
S horting TSLA or buying near term put options may be a wise
reaction to the move TSLA and its CEO are making.
RIDE is on the HIGH ROADNASDAQ:RIDE
RIDE , an EV stock has a catalyst in the new federal legistlation.
It has been rising in an ascending channel since early July when it reversed
a downtrend with a double bottom
Here on the 4H chart are supply demand zones, the volume indicator and an
EMA ribbon surrounded by Bollinger Bands.
Blue volume spikes with the recent excellent earnings report
and then the federal legislation have given RIDE buoyancy.
Presently, it is sitting in the lower portion of the ascending channel
and the middle of wide Bollinger Bands.
I see RIDE as an excellent swing trade setup with a stop loss
under the support zone and a target above the resistance zone
near to the high price on the chart set on earnings which also
corresponds to a high volume node on the volume profile.
at about the recent high set on
$LCID: Short it to $0...cash burning like there's no tomorrow.I'm shorting $LCID here, nice weekly setup, downside targets are $9-10, and up to $1-2 by December 2nd or sooner. I'm long puts to ride this move, since the stock is hard to borrow.
Worth a shot, you could also consider a portfolio where you long the relatively safe EV names vs shorts in EV startups that are burning cash and unprofitable, which will likely continue to pay off (long $TSLA, $F, $RIVN maybe, vs shorts in $NKLA, $LCID, $ARVL, $FFIE, $FSR, etc)
$GMLast week (previous candle), we have located a potential market anomaly. A shooting star candle with above average buy volume. I feel like bulls that missed out or still attempting to squeeze juice from the July 11th rally may get some tough days ahead. Price could continue to rise a small bit. However, we are waiting on distribution which should take us to the 2nd wave. We don't know how long this will take. The RSI K/D is starting to cross down from an over bought stance. We are looking for price to reach $35 to $37 at some point. We just completed an ABC expanded flat on the weekly and will be patient to see if a new impulsive wave is coming down the line. At this point, we will be looking to trade each wave so I will update as we go.
What do you think?
TSLA SHORT NASDAQ:TSLA
TSLA on the 4 hour chart appears to be in a downtrending parallel
channel and presently at the upper resistance boundary of
the channel. This could also be a megaphone pattern as the channel
is widening a bit as it descends. I see the horizontal resistance of February 2021
market high as resisting any breakout to higher prices.
I see horizontal support below at 190 from the market lows in March and May this year.
The MACD oscillator is in mid-range as is the RSI oscillator. The latter shows
some bearish divergence suggesting an impending reversal.
I see this as a short setup to synergize with the general market
the downturn from the current market price to 190 or until just before
the earnings report in mid-October. This is about $100 of profit
I will set a stop loss of $5 above the current market price Thid
is a great reward-to-risk ratio even if the price gets jammed up
at Fibonacci retracement levels on its way down. The low-costTR bearish ETF
is a consideration as are out of the money put options.
$TSLA stock split should reward in short term The last time TSLA split its stock, the stock ran up about ~150% to its relative peak (actually it's all-time high). This is just anecdotal but the saying goes "history doesn't repeat itself, but it often rhymes".
My reasoning is based on the fact that now this opens up the ability for more people to trade options and buy the stock outright (yes, there are still brokers that don't allow fractional shares). I believe this increased volume and paper in the name will result in positive momentum.
I'm not sure its going to go another 150% because that would be insane but I just copied and pasted for the sake of comparison and seeing where we'd end up. $740 TSLA post split.
There's also a sort of cup and handle that has formed and could make for a big, sudden move. The stochastic RSI is in the middle of a bullish cross, with the 20 DMA cutting through the 200 DMA with the 50 DMA about to break through the 100 DMA. Momentum appears to be towards the upside.
EVs recovering with Inv H&S; watch BO>wma 50@41Volume has been steadily decreasing since KARS fell from 52.31 ATH. It is preparing to cross above my
Green zone which is at the intersection of weekly wma50 & 100 & also the Ichi cloud resistance.
Once KARS holds 41, then 50 will be the next target. So watch out for volume to increase on BO.
Not trading advice
CHPT big upsideCHPT broke a trendline in July of this year that started in January 2021, after a large push up the stock has regressed back to the trendline and bounced off nicely. With earnings for CHPT only 8 days away, depending on the results I believe this could be the start of a huge rise in the stock.
AGAIN, be weary of buying anything before or after earnings. However, based on positive recent publicity and the stock trend, things are looking very good for CHPT. If you have the risk appetite I would be a buyer and long-term holder