FSR should launch higher on Russell 3000 inclusionFSR will be included in the Russell 3000 index on June 28th. There has not yet been significant volume indicating that the mutual funds and ETF's that are mandated to track the index have most likely not made their buys yet. When they do make their buys, this should result in a large inflow in a short period of time pushing the price higher.
The IWV, an iShares Russel 3000 index ETF, is one example of a fund that will be obligated to add FSR, and to put it in perspective this single fund has $11.6 billion AUM (assets under management) so even a 1% allocation would result in a $116,000,000 inflow.
VPVR shows there is not much overhead volume at these price levels meaning it really could rocket higher. FSR also has 12.4% short interest as of 6/15/21 which could make for some covering.
FSR recently partnered with MGA, Magna International, Inc which gives them the benefit of Magna's long track record in the auto industry with lots of expertise and existing relationships with suppliers. This legitimizes FSR and its prospects for reaching the mass manufacturing stage.
EV
ALYI PT $1Current Price $0.051 Price Target $1
We saw a big jump in ALYI this week as news came out that alternate systems is on track to meet their July delivery date. I covered ALYI exclusively in a video a couple days ago so if you own ALYI I really recommend you watch that in depth video. With deliveries on track there is nothing but catalysts for ALYI in this next month. With some volume I think its more than likely we will move up to test the top line of resistance on the current trading range around 8 cents very soon.With the crazy valuations being thrown around to EV companies ALYI sitting at 29 pe is very cheap (for comparison TSLA is 600x). Given its such a small market cap stock (sub 10 mil) it takes a very small amount of capital to appreciate the share price. ALYI is my top stock for 2021.
Ayro Possible inverse Head & Shoulders detected within a C&HNASDAQ:AYRO has a lot of potential as an American Company focussing on a niche. Now everything starts opening up post Corona era, it should be able to sign contracts and start delivering their EVs.
Also at February 11th they had entered into definitive agreements with several institutional and accredited investors for the purchase and sale of 4,400,001 shares of the Company’s common stock, at a purchase price of $9.50 per share, in a registered direct offering priced at-the-market under Nasdaq rules. In addition, the Company granted to the investors in the offering the right to acquire an aggregate of 3,300,001 shares of the Company’s common stock at a purchase price of $11.50 per share until the one-year anniversary of the closing date of the offering. The closing of the offering is expected to occur on or about February 16, 2021, subject to the satisfaction of customary closing conditions.
The gross proceeds to the Company from this offering are expected to be approximately $41,800,000, before deducting financial advisory fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.
Ford has Reversed!Looking at the 6 month trend for Ford we can see that a reversal is finally happening from the selling side to the buying side! After this 2 week long sell off from our high of 16 and dropping to lows of 14.50 the selling might be starting to slow down and we can see some upwards movement from here back to 16. Ford will be releasing earnings from Q2 here in the next month and is expected to beat analysts expectations which is a very bullish sign. The pre-orders for the F-150 lightning and the Bronco have been through the roof being the main driving factor behind these revenue beats. I believe this should provide for a strong bullish push on Ford here in the next few months.
This is my opinion.
$TSLA as neutral as it gets*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*
Elon Musk: "Tesla has diamond hands"
$TSLA is one of the top most talked about and traded stocks right now. Its staggering growth within the past two years is evidence of its potential, but regardless $TSLA was long overdue for a correction at some point.
$TSLA now sits at $618.45 per share after correcting from its 52-week high of $900.4.
My team has analyzed the financial sheets of numerous companies, large and small, but only few have matched the absolute beauty that $TSLA really is behind the scenes. Not to mention the fact that $TSLA is so much further ahead with their electric vehicles and self-driving technology than the likes of competitors such as Ford, Toyota, GM, and even Nio.
My team is patiently waiting for $TSLA to breakout from the triangle on our chart.
We believe in our hearts that $TSLA will continue to be a dominant player in the market long-term, but sometimes believing just isn't enough. So for now we remain neutral on the sidelines.
Our patience will be rewarded...
If you would like to see more, please like and follow us @SimplyShowMeTheMoney
PT $0.08 Long Term $1ALYI Current Price $0.06 Price Target $0.08 - Long term still think we head to $1 this is just the current range we are in
ALYI is up 75% today. I'm not really trading ALYI I'm a huge believer in this stock long term. We bounced on a key support level and at the same time today ALYI announced completing a scheduled review of its electric motorcycle development program with MODUS Applied Innovations. I think we should continue to move higher as we wait for July deliveries. 10x avg volume (finance.yahoo.com).
$CHPT possible pull back soon*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 $31.41 per share.
For those of you who remember our original take profit on $CHPT was $31 because we suspected a resistance around the $32-33 price zone. For that reason alone, we do not think its wise to average up or enter right now until further notice.
My team plans to average up one last time on $CHPT if the opportunity presents itself, but in the meantime we plan to sit back and enjoy how deep in profits we're now on this trade.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$NIO Easy Channel Trading 6/15Hasn't been the hardest to trade bounce in this channel. It is currently being held up and its linear deviation (middle yellow line) This could be our nearest support if we end up bouncing today
Looking for a return to the 44.50 support. Where we hope to see our third and final bounce but we have already hit resistance multiple times.
A break of the channel support would have $NIO back down to the 42.50 level where I anticipate a bounce. Remember inflation news coming up soon could effect the market alot.
I will do a video update on this after hours
Electrovaya (EFL) - The sleeping giant. Looks very cheap- Oversold at stochastic with bottom
- RSI and MACD have raising trend.
- in accumulation area right now
- Will be listed on NASDAQ soon
- Zero shares to short: www.shortablestocks.com
- Contract with Toyota for battery supply
- contact with Canada government for busses in the country
- market cap at 200 CAD equal to 165 USD, CHEAP!!!
First target is 1.65, if we can break this resistance, will go up to 2.20
Xpeng: Is now the time? 🤑🤑🤑A lot of you have asked for an update of our Xpeng analysis. With the ongoing testing oo the resistance at $37.50, we are at a crucial stage of the price development. If the price is able to hold this level now, we believe that the way is paved for a strong bullish run. Also, we have adapted our price target for wave 3 in green, as we set it to $109.25 - $118.93. So, the expectation is still extremely bullish, but it remains to be seen whether we can stay above $37.50.
Don’t miss this chance!
$CHPT June 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*
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 confidence.
We recognized the bullish price action of $CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21. From their the price moved further up and now rests at $28.31.
My team has increased our previous take profit target of $31 up to $37.
Technical analysis update: ALB (27th May 2021)ALB broke out of its triangle pattern. It prierced above upper bound which is bullish sign. RSI, MACD and Stochastics are also bullish. Our short term price target is 180 USD per share. Our medium price target is 200 USD per share.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
TRIPLE CROSSFSR looking very bullish on the 4 hour
triple cross waiting to happen with 20,50,200 day MA’s
would love to see 25 again
$FUV Target 22.18 for 48.26% $FUV Target 22.18 for 48.26%
Or next add level is at 7.74
This one is just sticking right to the plan...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
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.
The sky's the limitTechnically a potential Golden cross, and fundamentally Arrival seems promising, which went public via a merger with a unique purpose acquisition company (SPAC), has an order for up to 10,000 vans from UPS. Arrival also plans to collaborate with Uber to produce electric taxis in the UK and the Microfactories plan.
Last but not least, I love the product and its target market. I think Arrival will keep growing and a potential slow cook stock that can generate a nice long-term profit.
Arrival and Uber to collaborate on electric Car for the ride-hailing industry
arrival.com
Deliveries Coming Soon in JulyCurrent Price $0.0387 Price Target $0.20 Long Term Target $1
Past Alert -
ALYI for those who dont know is a EV motor Bike company. They are in the process of manufacturing for a July delivery of 2,000 bikes. They are looking to be the Uber of Africa by offering their EV bikes along with a ride sharing service.We have been talking abt ALYI for a while now, Given the absolute delusional valuations that are being thrown around for US EV companies. For example Nikola a company without a working car or scheduled orders they are trading at a 4 billion market cap. Down from ALYI’s highs of $0.20 I think we will see a retracement back to that $0.20 level relatively soon. Im long stock!
Go go go --> $NKLA Target 20.93 for 32.72% $NKLA Target 20.93 for 32.72%
Or next add level is at 10.61
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
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.