TSLA broke 800; M-pattern may reach 540 bef rally back to 800TSLA in a downfall breaking 800 making a M-pattern. Next supports are 700, 600 & the ultimate strong support at 540.
If TSLA does not quickly recover 800 in the next few days, 540 may be the final destination. I dont think Elon will allow price to fall below 540. (Remember his tweeter offer was at 54.20?). Also 517 was a 0.618 retracement level from pandemic low (where the great rally begun) to the 1243 top.
I projected a fractal from the yellow box to see how TSLA will move going forward if it consolidates within the 800 to 540 zone.
If TSLA bottoms at 540, the rally back up to 800 will be fast. 540 will end the ABC wave 4 correction & start wave 5.
Not trading advice
EV
Albemarle - Swing trade opportunityToday, an opening gap appeared on the daily chart of Albemarle; as a result, this offers an opportunity for a simple trade setup. We are currently bearish on Albemarle and expect a complete retracement of the opening gap. Therefore, we would like to set a price target for Alb at 198.44 USD.
Illustration 1.01
Albemarle opened up almost 7%.
Technical analysis - daily time frame
RSI and Stochastic turned bullish. DM+ and DM- performed bullish crossover. However, we think these are false bullish signals. We conclude this from a low ADX value. The daily time frame is deceptive.
Illustration 1.02
The picture above shows the short-trade setup.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic are all bearish. DM+ and DM- perform whipsaws, and ADX contains a low value. That indicates the presence of a very weak trend. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
$LPI $LPI.ax$LPI $LPI.ax
#lithium #ev
-Falling Wedge Breakout.
-Macro level back-tested.
-Market capped at congestion zone
Looking for ST pullback and backtest of previous "level" maybe even a stop run and deviation before trigger
WL for now. Expecting small pullback.
MULN retracement complete If you haven`t bought the dip on MULN:
Then you should know that the retracement seems to be complete and the stock is ready for another leg up.
You will need to wait for the reversal candle formation, or at least a doji, though.
My next price target is $5.25.
Looking forward to read your opinion about it.
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.
$NIO Key Levels, Analysis, & Targets$NIO Key Levels, Analysis, & Targets
I like NIO. I find it easy to trade, though I haven’t traded it in a few months because the down trend was too strong… and even though I do think that, ultimately it will go lower I think I’m in for a quick swing…
Swing setup
1 at 19.61
1 at 13.72
2 at 10.63
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
If all 3 hit I’d be looking for a 55% swing
And dang… I would love to load up in that gap around 9.50-10.50
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
NILE close to a double bottom on high volumeDuring March 2022, BitNile self-mined 31.7 Bitcoin.
In total, BitNile has self-mined a total of 132.6 Bitcoin.
BitNile Holdings has announced that two of its subsidiaries are combining to create a new Publicly Traded EV Charging and Power Solutions Company, TurnOnGreen.
BitNile will Distribute 140 Million Shares and an Equal Number of Warrants to Purchase Shares of TurnOnGreen to BitNile Holdings’ Stockholders.
Market Cap of only 58.711Mil.
I think this stock has an upside potential of 300%.
Looking forward to read your opinion about it.
RIVN you can still buy it cheaper than Soros If you haven`t bought the all time low here:
then you should know that you can still buy cheaper than George Soros.
Billionaire investor George Soros bought a $2 billion stake in electric truck startup Rivian in the quarter ended Dec. 31.
His average should be around $100.
My short term price target is 69.50.
Looking forward to read your opinion about it.
BRQS cheapest EV and 5G playBRQS Borqs is a global provider of 5G wireless solutions, Internet of Things and innovative clean energy. It operates in the U.S., India and China.
Borqs and its recently acquired subsidiary, HHE, will jointly develop EV chargers and generators which will be integrated with HHE Smart Load Panel in its solar energy + battery solution.
BRQS Market Cap 35.463Mil
52 Week Range 0.20 - 1.60
The minimum upside potential is 2-3X from here in my opinion.
CHPT Looking for 30% retracement on a company that may be being financed to keep them afloat as a new growth company and is still working towards being profitable. I like this company alot. However, I want to see if a W pattern is being formed and they are also negative cashflow and net income.
January 4th - 27th could be a pattern match at some point before continuation.
Let's see where price is at within the future.
DRMA PE 9x Avg PE 13x Target 900Most likely will break the triangle at 645 If break it will go up to 735 as the resistance and will continue wave 3 of elliot wave to 850
SL below 570 (short to medium term trade)
seperate the capital for long term investor you can avg down with doubled capital than first entry if the price break down 570
Sturcture market overall is uptrend
NILE shareholders to receive dividend securities of TurnOnGreenBitNile Holdings announced today that two of its subsidiaries are combining to create a new Publicly Traded EV Charging and Power Solutions Company, TurnOnGreen.
BitNile will Distribute 140 Million Shares and an Equal Number of Warrants to Purchase Shares of TurnOnGreen to BitNile Holdings’ Stockholders.
Market Cap of only 61.983Mil.
I think this stock has a short term upside potential of 300%.
Looking forward to read your opinion about it.
CENN Premarket Breakthrough Cenntro Motors ticker $CENN has in this pocket last few months. It made an ATH the 2/24 and since then it has been testing floors and breaking through. With recently testing the BOLL and IC on the 1minute and 4 hours. It finally broke through and now making a run for the leading IC on the daily. With that quick of a drop and a lot of momentum in EVs, it’s very likely it can make more test $5 for the first time since it’s 1 for 15 reverse split.
Cenntro Motors Charting CENN has been on a very long down trend and have finally started to level off. It seems to have found support at $1.20 and resistance at $1.40. Now only that it have strong mac d cross on the 1-4 hour since the 15th. Ever since that sign of a reverse it has been testing the BOLL and IC on ever timeframe up to the daily. Right now it looks to be in price discovery. Will it go back into the pocket or will it trade to or through the resistance prices from the way down from $7. It looks super strong I’m the case that it will test those resistance areas and make test the previous floor of $7-$10. It is an EV that specializes in trucks and vans for companies. This type of products could lead to lot of sales as governments want to be fully electric predicted for the next decade.
XPEV Price TargetPrice target for XPEV is $33.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
TSLA SHORT to $678 - Around March 23rd?Tsla trends are looking like a drop is coming in the next few weeks. With the news and the bounce back from the news, I wouldn't be surprised to see more downside in the future.
The good news, is RSI on the D and 4h charts are on the high side, the W and M are on the low side, so we may see some major support take over and lead the price up and over $1000 again before we see anther decent drop.
If it does bounce off $678, maybe $673 on the low side, and starts to confirm $700, we might see that move to the upside.
I'm thinking short on Monday or Tuesday of next week, and see how low it can go, I'd look to enter around that $674-$679 price, and ride the wave up to $707 or so, and see if we hold $700, which could allow for a push up to $902.