EV
$NIO Bearish Chart Technical AnalysisWe all do like NIO. Huge potential, great incomes, shows its value in the field.
Although we can see 2 bearish patterns on NIO:
1. Head & shoulders
2. Descending Triangle
We can also see that the support on 35$ is starting to get rejected strongly by the resistance line.
If broken below 35$ support next one is going to be the 50W-EMA which might be a strong support that will help us break above resistance.
Indicators:
- MACD is very bearish.
- RSI is neutral but below 50. Indicates a clear downtrend.
I am personally very bullish on NIO on the long term. On the other hand, NIO for me is a SELL for the short term.
This is not a financial advice. Posting for educational purposes only. Use it at your own risk.
CCIV finally timeArea of value here with a nice stop loss right below the support. Low risk entry point in my opinion. Enjoy!
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EXRO Electric Power House of the future?! This is not trading advice just my personal point of view.
The chart is self explanatory. Pay attention to lines of convergence. This company has major potential!!!
They are just beginning to commercialize their proprietary tech to revolutionize the electric motor! This is MAJOR!
Bullish level we observe on NIOToday we will continue with a series of posts we started on NIO; Our objective is to define clear filters on the stock and then trade if the price full-field our filters.
First, let's take a look at the big picture:
Here we can see 2 key structures: The ascending trendline and the support zone. Currently, those levels are converging, and the price is exactly there. From a technical perspective, we can conclude that we are in the best zone in terms of probable scenarios to find a reversal movement.
Now, let's take a look at the main image (post image)
We can see that the price made a clear formation (yellow lines) after breaking the descending trendline. The formation has been between those yellow lines for 25 days. On April's one, we saw a first breakout attempt on the structure. We are observing this small white flag pattern on the edge of the yellow one, and we think that the breakout of that pattern may be the trigger for the bullish movement we are expecting.
Final Conclusion: We have an activation level of 41.08, meaning that if the price reaches that level, we will consider that our bullish view is ACTIVE. Our invalidation level is set below the structure and below the massive support zone at 36.49 (that will work as a stop loss level or as a cancelation level for the setup). Our first target is the next resistance zone at 46.00 (there, we will move our stop loss to the entry-level "RISK-FREE"). Our final target is 53.90 (there we will close our full setup) / The risk rewards ratio that this situation offers is 2.75 (that means that if we risk 1USD on this setup, we are aiming to make 2.75USD, If you have a 50% win rate then congratulations, you are profitable)
Thanks for reading!
Tesla Breakout is Almost hereTesla, which leads the Ev sector along with a very high weight in the leading indices, cannot be left behind .
It's not if but when.
The aid packages are coming in and the market looks optimistic , Tesla has fallen about 40% during the last quarter and it's time for it to go back up.
I want to touch the technical part of the stock - it can make an optimistic point about what's to come.
1. The Obv have slight deviation up and overall looks normal
2. We are leaving the overbought area, making room for a new entry of investors
3. The most important part of the ema's is located between the 20/50 ema's that currently constitutes short-term support and resistance
Followed by an Ema 100 very close and he is another support for us.
4. Fibonacci is currently in the same line as Ema 20 support point and if the stock breaks below the Ema 100 the next support will be on fibonacci 61.8 located at the bottom of the triangle , if we get there it will be a last support point before breaking down.
A breakout over the range of $707-$722, which is our entry point, puts the stock on a rising trend that will take full advantage of it.
Entry Point:
714$
722$
Stop: 590$
Supports:
Ema 100 - 565$
Fib 61.8% - 615$
Indicators:
Obv
W%r
Ema 20/50/100
Fibonacci Ret
* There is no buy / sell recommendation in the aforesaid ,
New position, MP materials LONG!After due diligence, I really like this company and it' future expansion plans and current execution.
My PT is 45-47 so there is a lot of potential with this one.
Hoping for more short term weakness to build a position (I am not expecting all my buy limits to get it, but if they do, even better. After position has been built, I'll let them roll until PT is hit.
What do you guys think of MP materials?
Seeing it from a risk-reward perspective for the long-term I am really liking this company!
BLNK Breakout of Ascending TriangleBLNK gapped up on Thursday morning, breaking out of the ascending triangle (green lines), but trended down the rest of the day due to the market sell-off ahead of the 3day weekend. However it managed to close right at the top side of the triangle ($41 level) which also happens to be the 50% fib level. This will act as a very strong support level,l and if it holds, we should see $48 for BLNK this week. By late April, we should see BLNK retest the December high of $56.
NIOMission:
The future is in smart, electric and autonomous vehicles, and we aim to lead the way. Our Chinese name, Weilai, means Blue Sky Coming and this is represented in our symbol. The top is about the sky, openness, vision, the future. The bottom part is about the earth, direction, action and forward momentum. Blue Sky Coming is our guiding philosophy and stands for our commitment to a brighter tomorrow.
News:
1. SHANGHAI, China, March 26, 2021 (GLOBE NEWSWIRE) -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announces that the Company decides to temporarily suspend the vehicle production activity in the JAC-NIO manufacturing plant in Hefei for five working days starting from March 29, 2021 due to semiconductor shortage.
2. NIO delivered 7,225 vehicles in January 2021, a new monthly record representing a strong 352.1% year-over-year growth. The deliveries consisted of 1,660 ES8s, the Company’s 6-seater and 7-seater flagship premium smart electric SUV, 2,720 ES6s, the Company’s 5-seater high-performance premium smart electric SUV, and 2,845 EC6s, the Company’s 5-seater premium electric coupe SUV. As of January 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 82,866 vehicles.
What do you think?
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SOLO bullish . three wheel company available for $3 soon ?I like how the moving averages suggest bullish momentum out of this hot mess. i'm bullish cause i know they're using the 3 wheeler to gain market exposure to customers. they have other cars in line.
.2 red
.3 orange
.5 fibonacci is yellow.
.6 pinkish
.7 purple
Moving Averages 18, 52, 65.
$tsla fundamentally and technically finally looking like a long Feels like ages ago the last time i was buying tesla, after i sold pre split for around $1000 per share I felt it was too overvalued. Now its finally consolidating at lower prices. Reaching undervalued on the EMA Ribbon which for me traditionally serves as a great indicator of a bear market/buy indicator. I use it on a macro time frame to determine if we are severely discounted on a ticker and it looks like we are. I will be averaging into tesla as long as the ribbon stays as resistance (we are under it). The company is still fundamentally incredibly valuable given that it is quite literally the best EV manufacturer, still un-paralled in terms of both AI performance, EV infrastructure (charging network and solar as well as giga factory efficiency) and capital allocation/management, given that they are buying BTC at huge quantity and accepting a hard asset as payment for their vehicles. Meaning for each vehicle sold through BTC they are accepting the most innovative change to money ever created. Vehicles sold through btc will be exposed to appreciation now too. So essentially net worth of the company is poised to exponentially. Tesla is a long term hold, thanks.
NIO in its laneNio on the daily has been in ping pong mode in the up trend. We saw a double top. Now were on the lower trend line. Great entry point here in my opinion. Double bottom and can begin to track inside this next channel here up to $64. More things get suck in channels than just Container ships! Navigate properly my friends!
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CCIV area of valueHitting support and currently oversold range here. Great area of value to add into those bleeding options calls or stock holds you lucid dreamers have been sitting on. Set a stop loss below this area and lets make some $$$
Thank you for the support! For charts like these message me or check my profile! Cheers!
TPG Pace to acquire Engie Seller’s subsidiary EV Charged B.V.TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) ("TPG Pace"), a publicly traded special purpose acquisition company that is focused on high-growth companies with strong environmental, social and governance principles, announced the confidential submission with the Securities and Exchange Commission ("SEC") of a draft registration statement on Form F-4 (the "Registration Statement") relating to its previously announced business combination with ENGIE New Business S.A.S. ("Engie Seller") pursuant to which TPG Pace expects to acquire Engie Seller’s subsidiary EV Charged B.V. ("EVBox Group").
EVBox Group Partners With Energy Solutions Provider Aetna Corp. to Expand Electric Vehicle Charging in New England, Mid-Atlantic and Beyond. Aetna’s expertise working with retail, hospitality and grocery sectors will help make EV charging more accessible and readily available to a wide range of drivers. (businesswire.com)
My target is $22.
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EV Stocks Compared(This is Not Financial Advice)
Hello everyone I decided to take a look at a comparison of all the big EV Car Companies. This is not including charging companies etc.
I thought this would be a interesting time considering what is happening with news surrounding all of them right now. I am pretty bullish on this space long term and short term I think we will see another spike soon.
Let me know what you think below and which EV you like most.
Like and Follow! Thanks.
- Vlaire
Bullish on NIO(This is not financial advice)
Hello, in this technical analysis I will be taking a dive into NIO. I will explain in this description my entry and exit plan as well as my reasoning for the trade. For this trade it would be a swing over a few days or weeks.
This stock is very undervalued at almost 35 dollars and we are bouncing off a strong support and double bottom as well as forming a W shaped bullish reversal on the way up. As well as this would form a head and shoulders and most likely cause it to fall after. This combined with some movement back into these underpriced EV’s, Energy and Tech out of recovery should allow NIO to make a strong push back up to the 40-55 area. I set up blue lines for price targets at resistance to take profits on the way up. I would set a stop loss at 33 with an entry of around 35. You should slowly move this stop loss on the way up. This trade is a little risky because NIO has been falling pretty aggressively recently so you could get stopped out pretty easily.
To conclude I would say this is a little bit of a risky trade that I am pretty confident in. If you disagree or agree or have any questions make sure to leave a comment and thumbs up.
Thanks for reading.
- Vlaire