FSR LongJeffries gave a PT of $90 on Fisker .
Bold statement as that's over 400% from where it's currently at but i do like FSR EV car model, i believe it's going to hold up well for decades.
FSR above 18 will go to 21..
21 will be the real test, above there get ready for ATH resistance and above
EV
NIO - BUY BUY BUY!!! Been a NIO bull since day 1 and right now I am more bullish than I ever was.
Here is my detailed technical analysis of NIO's price action, and what's very noticeable about NIO's price action is that every time it fakes out towards the downside, the price tends to then turn bullish and continue towards the upside. Most recently the price faked out again and has broken out of a descending trendline while also retesting a very strong ascending trendline line creating confluence. What makes NIO even more bullish is that looking at price action between May 11 2021, and May 24 2021, you can see that another fakeout was spotted right along/below the same ascending trendline price is currently retesting, which on multiple occasions price decided to respect the ascending trendline. Another thing is that with NIO's overall setup, there seems to be a giant cup and handle forming.
3 days until NIO's earnings as well.
Share & Like - and leave your thoughts on NIO in the comments !
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trade at your own risk - not financial advice
On Semi - Blowoff Top - House of CardsOverhyped Ponzi Pogs. Same as the rest. Cash exit while you can. #chipwars
2022 Might Be a Winning Year for XpengOn July 7, 2021, the company was listed on the main board of the Hong Kong Stock Exchange under the code '9868.'
● We estimate Xpeng's 2022 revenue to show the value of the stock.
● The methodology includes the forecast of sales of P7, G3&G3i and the upcoming P5 and SUV models.
● The results indicate that the stock is currently fairly priced.
● Risks primarily come from supply chain and market regulation, but remain controllable.
With the current global chip shortage, most major auto OEMs have suffered from a lack of electronic supplies. Amid these concerns, China's EV sales are burgeoning, with light EV sales hitting 241,000, or 15% of total light vehicles sales in June, 2021. Among the country's EV pioneers, Xpeng (XPEV:NYSE) has recently presented some positive results: its half-year delivery number has surpassed last year's figure. This article presents a forecast of the company's EV sales in 2022 and evaluates its stock by analyzing each model of Xpeng and using the valuation multiples.
Model-level breakdown
● P7 is Xpeng's hit product. Simplifying the modelling, we project the sales of P7 to increase by 184, 100 and 50 units month-on-month until 2023; 184 is the average monthly increase since the model's launch, while the incremental decrease is due to the upcoming P5 and 2022 SUV models. The average selling price will be around CNY 250,000, the same as in 2020.
● G3&G3i are the oldest models of Xpeng. The updated version G3i transformed into a more unified family design and attracted more sales. We estimate G3 and G3i will keep lifting sales volume by 46 per month during the same period. The average selling price will be around CNY 150,000 per unit.
● P5 will shoulder the company's expectations to become a family sedan. We estimate P5's first-month delivery number in October will be at around 1,000, referring to P7's data. Then the delivery figure will increase by 143 units per month, of which 100 will be at the cost of P7 sales declining, as the two models compete with each other, and 43 is organic growth. Based on the official price starting from CNY 160,00 to 230,000, we predict the ASP will be at CNY 190,000.
● Xpeng is planning to launch a new SUV model. The SUV has a family design 'X' logo that brings its length to 4,800 mm. The car design shares the same platform as the P7, the Edward platform. In addition, it will be equipped with premium specifications like XPilot 4.0 and air suspension. Some industry experts predict the price will be around CNY 300,000. We assume Xpeng will finish its launch day by September 2022. The first-month sale will be 300 units, which will increase by 145 units per month similar to the sales trajectory of NIO's ES6.
● Apart from EV sales, other services will account for 5% of total revenue. The 2022 EV sales won't be significantly impacted by the chip shortage.
To sum up, Xpeng's 2022 revenue is projected to reach USD 4.3 billion (CNY 28 billion). Specifically, the company will sell 122,253 vehicles to make USD 4.1 billion topline, and USD 0.25 billion will be from other services. According to the Street's expectations, the stock is priced at 16, 8.8, 5.6, 4, 2.9 forward PS ratios by 2025. We select 9x as the 2022 multiples. Thus, the market cap will be USD 38.7 billion, around 10% up from the market cap on July 27, 2021.
Risks
Although the expectations for Xpeng are rather bright, the whole industry is facing the chip shortage problem – that is also the biggest threat to Xpeng. For NEV companies, production is challenging while orders are packed. Through our research, we found that most auto stakeholders in China expect the imbalance to last through 2021, affecting the global light-vehicle sales by 2.5-5.0%, but recover slightly in 2022.
The edtech sector's regulatory update drove the recent sell-off in Chinese concept stocks. However, this crackdown won't be a long-term issue for EV innovators like Xpeng. According to Bloomberg, the government's motivation is to cut family workloads to turn the declining birth rates up. On the other hand, the 'Made in China 2025' scheme supports EV development radically. So the policy will rather play a positive role in the new energy vehicle market in the long term.
Conclusion
Up to the present, Xpeng has been on the right track, leveraging business through unified family designs, new stores opening, capacity boost and charging facilities build-up. The company's 2022 revenue would be a realistic basis for stocks to start . The most significant potential risk at present is the capacity problem caused by supply chain shortages. Investors should keep an eye on this topic in the company's upcoming Q2 earnings conference.
XPEV price targetsEven though i consider XPEV to be the real Tesla of China, because of the cheaper cars and the technology "stolen" from Tesla, i still think it will revisit the 29usd support short term.
Remember that this is not a profitable company and is still dependent on raising capital for its cars.
in 2020 XPEV revenue was 5.84B, but the Earnings were negative, -2.73B. They also missed the Q3 and Q4 earnings estimates last year.
Jim Cramer (Mad Money) on China's tech crackdown: You can't own Chinese stocks!
ARK Invest dumps Chinese stocks.
It seems dangerous to hold Chinese stocks right now.
US-listed Chinese companies have three years to comply with US accounting oversight, to comply with the rules of accounting and transparency that American public companies must follow, if not they will get delisted.
This looks like the beginning of China`s stock market crash.
I`m looking forward to read your opinion about this!
NIO currently down 9%NIO have a good trend trading with 9% curve calculation, possible up 9%, 16% before next drop in price if it stay within trend.
Still looking good till more news on NIO, as China EV is picking up trend again.
Fisker-Reverse Head and Shoulder, bullish trend repeating againForming reverse head and shoulder
followed by
forming again reverse head and shoulder with bullish trend with consolidation.
Anticipated news is helping to form this chart. remember the market factors is unpredictable so always keep money for dollar cost averaging.
my price target is 32 dollars till 2021 December.
this is not a financial advice. it is just the idea.
I am using my 10 years of expertise of education and stock trading to form this chart. Good Luck.
Please Like the idea if you agree...So others can also know about your thoughts...
Canoo Long Target1st Long term target: +100% from current prices
have included some resistance points where you can take profit if you want to as well
will post 2nd Long term target when the first is hit
$CHPT July Update*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*
Recap: My team has been swing trading EV sector tyrant $chpt for the past couple months. In this time-span it has continued to bounce from its $20 support zone . The potential is undeniable for an established EV company like $chpt. There is also an impressive amount of option calls which suggests bullish momentums. We recognized the bullish price action of $CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21.
$CHPT currently sits at $28.01 per share.
My team planned to average up one last time on $CHPT if the opportunity presented itself...that time has come
My team bought more $CHPT shares today at $27.80 per share. This is our 3rd and final entry.
We have also raised our initial take profit to $41 per share.
1ST ENTRY: $22
2ND ENTRY: $24.35
3RD ENTRY: $27.80
TAKE PROFIT: $41
STOP PROFIT LOSS: $26
If you want to see more, please like and follow us @SimplyShowMeTheMoney
NIO - WeeklyContrary to the other setup posted on the LTF, looking at the gap around $10 - $9 being filled.
This would also align with the fibonacci retracement & trendline tap we saw late.
The targets are the extensions where the -61.8% is near too.
New to stocks, see how the year plays out
Weekly Forecast 15th July 2021Nio forecast 15th July 2021
Not a stock that I would look at too often because I've noticed that the price for Nio moves similar to TSLA. However, because this period of time is so volatile it has made these EV stocks rather fun to trade as it exposes many opportunities to capitalize on most traders' weak appetite for volatility. That being said, EV stocks have been going through an emotional rollercoaster for the first few quarters of this year as traders shift their money away to other sectors after losing the adrenaline that this sector used to offer. I believe that this sector was over-extended by a large margin due to new and rather ignorant investors (evident from the CCIV mess that occurred) in the past chasing past returns, but hopefully, that won't be the case in the near future.
Looking at the weekly graph, we can observe that the general trend of the stock appears to be looking bearish from the RSI and Stochastic oscillators; other than that there isn't too much information to base a final decision from.
I'm ignoring the daily graph as it doesn't hold anything of significance for my analysis today.
In the hourly graph, we can see that there is definitely a divergence from price and the RSI indicator which suggests that we could expect a change in direction of price. This divergence can also be spotted in between the stochastic and price action. With the two effects, this makes me rather confident that there might be a reversal in price in the near future.
Forecast:
So for my optimistic case, I can see price changing to be bullish where it will test the long-term resistance at 50-52. From there, we will need more candles to determine what might happen.
For my more neutral case, It is likely that the price might take a short drop to the $40 area where it may reverse back to the upside where it will test the resistance.
Take this observation with a grain of salt. This is not financial advice and I am not liable for any decision you make with this information. Happy trading.
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 .
TESLA Potential BREAKOUT!Since the major breakout in November of last year, Tesla has been trading in a downward trend. Now we're on the verge of a possible bullish breakout. The price has been forming a triangle structure since the start of this year. As seen in the chart, TSLA has managed to break two resistance levels of the triangle pattern. We even see a re-test of the breakout on July 8th. Price also seems to be gaining momentum with three bullish candles since the re-test as well as a strong gain yesterday.
NIO - 1HLooking at some stocks now for short term + long term plays.
Some confluences for this EV stock, for upwards targets of around $60, we would need to break $53.50
Short term target is $50.40 - $52.50
If we reject the above $53.50 target then I would expect a correction of the last 1 Year of price action.
Electric Vehicle ChargingSome companies involved in the electric vehicle charging sector compared on 90-day graphs. Anywhere to go but up? Vice President of United States toured a facility this week that boasts 15-minute recharge times for EVs. Companies like Tesla and Workhorse need the infrastructure to really become major players. Target is +300% by end of 2021.
Bullish- Long PlayWill be watching the DRIV etf closely here-
- Buyer volume starting to pick up again with a general rotation back into growth
- Sitting right on top of its 50day EMA
- Bullish, looking for a breakout from this channel it's been holding for a while now
FSR bouncing off 200D MAFSR is an EV company that has shown promise with its vehicle, the Fisker Ocean as well as its partnership with Magna (MGA). FSR stopped nearly to the penny at the 200-day moving average. Stoch RSI and MACD look to be bottoming out and FSR is trading below its VWAP.
Li Auto Delivered Record 7,713 Units in June, Up 320.6% YOYLi Auto delivered a record 7,713 units of the Li ONE, the company's only model, in June.
That's up 320.6 percent from a year ago and 78.4 percent from May, according to data released Friday by the company.
Li Auto added more than 10,000 new orders in June, an all-time high, the company said.
In the second quarter of 2021, Li Auto delivered a total of 17,575 units, up 166.1 percent year-over-year and 39.7 percent from the first quarter.
Li Auto's second-quarter deliveries were a single-quarter high and exceeded the upper end of its previous guidance figures.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
Tesla ConsolidationI am neutral at the moment on Tesla but overall I am bullish on it medium-term as much momentum has been regained since its correction all the way down to $539.
The area of interest for me will be the $700 price level. A breakout and confirmed weekly close above this price would be the next signal for a long on TSLA.
On the flipside, a pull back could be in store for the asset back down to the 21 moving average since it appears that the price was aggressively rejected at the $700 price.
So to reiterate, we are waiting on a breakout and confirmation of the $700 level before taking an entry. If you got in at the sub $600 levels, congrats. You may want to consider taking some profits and looking to possibly add to your position again should we drop or breakout above $700.
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
Check out my team over at @SimplyShowMeTheMoney
Members of our team are followed there.
GE - where I bought callsEntered calls (shown by ellipse) this morning after seeing the break from the downward trendline and a retest on the MA. Using a lower timeframe to see the momentum. Expecting more from this trade.
Trade smart and have fun!
SLAM the like button and the ask! Cheers!
CCIV - Ready for a ticker change launchIndicators making higher highs, volume increasing, ticker change soon. Infrastructure plan in talks = positive for EV stocks.
Keep holding this, you will not regret. ;)
