XPEV signal is curling up, high volume + small bodiesHi,
just came with the long idea on XPEV. Stock is oversold and recent volume shows someone is buying heavy. You may think that the candles have long bodies. But dont get fooled my friends. This is result of gap ups opening. If you try to be unbiased and clean gap up mess we will see inverted hammers/morning starts. Signal is curling up on 1D while on 4h we had crossover. I see this a great long oppoturnity. Drawn you rectangles with risk reward ratio of 5:1 - seems good :) or even more in a longer perspective.
XPEV also presented very good earning report beating the estimates.
Cheers.
EV
NIO Swing Trade IDEANIO is one of my favorite EV plays as the sector took a big hit in the beginning of march. NIO has a advantages in China compared to its competitors.
NIO says that the worldwide chip shortage is going to effect production in Q2 and that they’ll make fewer vehicles. However earnings overall were okay and balance sheet healthy. Deliveries dropped a bit in February.
Still very bullish on this stock and was able to fully create my swing position today.
For more information from me and daily updates.
My stock trading team is open for enrollment @ doughboyinvestors.org
BYD - Nice opportunity to enter this momentum playBYD has recently been more in the spotlight due to the heated EV Space.
With BYD's superior financials and profitablity due to its wide range of products, the fundamental value that is strong and view pullbacks as entries to buy this a piece of this wonderful company.
TESLA - SHORT TERM REVERSAL PLAYLooking for a short-term bounce on TSLA.
*Historically when TSLA gets this oversold we experience a bounce in the price action.*
*Hammer Doji on the daily is hinting at a possible reversal in price action in the coming week.*
Looking for a bounce to $750 this week.
Good luck traders.
TSLA returning to old channelGreen line are when the tech bubble occurred. I assume that the institutional investors have rotated into different sectors away from tech and re-entry will be support of the original channel before breakout, with support being 550. Anything below 550 I will see as overselling and the best buy range for long term positions. Not financial advice, just my take.
NIO can cool off moreNIO has basically had a full year bull run.
Most people predicted $60 by the end of 2020, and that happened. It still has not seen a major correction in 12 months.
Notice the previous and current touches on the 100 day EMA.
Longer term EMA's are more significant than short term EMA's.
I see a decently long selloff here. Not going to get excited about NIO until they come out with some majorly good news or hit low $30's again.
Thoughts CCIV vs FSRSPAC's have the same trading cycles. Right now we're in the cycle after the Acquisition news sell off. This is the area where price is finding support and eventually a selling climax area. IMO CCIv has not found its preliminary support before hitting a selling climax at the 21-23 range. ( Research Wyckoff Method )
CCIV - ABCD pattern As I told before, I'm bullish on CCIV.
I added ABCD pattern in the chart to show how it will evolve.
After all the noise is gone, it will hit back to the trending channel in the middle and up.
CCIV - Back to the moonLooks like we have support here and just turned back from 26 range as I told before on one of my other analysis.
RSI was too oversold and now pushing back above oversold level.
MACD just crossed.
NASDAQ just made double bottom, and 10 year bond could not reach above 1.51, good signs for bullish.
Based on Fibo level and RSI
Price target 1: 34
Price target 2: 42
Price target 3: 46
Is TSLA killing its own investment?When arguing the pros and cons of cryptocurrency, a common argument is that eventually the power consumed by mining operations will become too great. At some point, something will have to give, and that something will likely be in the form of government regulation either restricting or outright banning crypto mining.
When this argument is brought up, there are also naysayers who say that crypto miners can simply move to other areas having excess power capacity, or that power generation can simply be increased enough to meet the demand. But, in my opinion, those people aren't taking into consideration the other industry that is vying for every extra watt of electricity: the EV industry.
With crypto mining continuously consuming more and more power, and the EV industry skyrocketing into maturity, this situation will eventually come to a head. Our power infrastructures simply will not be able to produce enough electricity to support both of these industries. One will come out on top of the other. Personally, I'm betting on the EV industry; transportation will have to take precedence over decentralized currencies.
Now, the predicament. Tesla recently invested $1.5 billion in BTC . If this was intended as a long-term investment, then Tesla seems to be shooting itself in the foot. Why invest in another industry that is directly competing for the single most important resource to your own industry? That seems a bit short sighted if you ask me. However, if this was intended to be a short-term investment, then kudos to the Tesla BOD and congratulations on the quick profits.
What are your thoughts? Has the Tesla board of directors made a huge mistake, or was it a sound investment? Which industry are you betting will win the fight for control of our power grids?
CCIV - Oversold potentially 10x stockI was one of the few who did an analysis where I told that CCIV would drop a lot.
but this is absolutely an oversold level. People may be totally crazy, this stock will be pushing back!
Support at 26, 20, and 16.
Push back more likely from 25-26 range, good support here.
CCIV - Time to buyDouble bottom at 30 ish now and RSI too much oversold(PEOPLE ARE CRAZY).
CCIV keeps inside both trendlines, this is absolutely the best time to buying in NOW.
The fundamentals and projected revenue will price in soon.
And I don't think the price will be below 40 in coming weeks.
Support - confirmed
Fibo level - confirmed
RSI oversold - confirmed
Trendline - confirmed
BUY and HOLD, we are bullish
Technicals Signalling Bullish Possible 1000% PlayHey there, thanks for checking out my idea! If you have seen my idea on 2300%+ return on HIVE @ $.30, then you will surely enjoy this one regarding TSXV:AZN (previously MILE.V). Seeing the surge in attention for my HIVE post means to me people are looking for more high-value investments signalling through price analysis and backed by fundamentals.
This is not a solicitation or recommendation to invest. Please remember to manage your risk and do your own due diligence. Investing is risky.
Price Analysis:
We consolidated at the .005-.01 range throughout December before slowly breaking out in January and spiking up to $.12 in February. We have since pulled back to a support of $.06 at the 20 EMA on the hourly timeframe. We could see a further pullback and/or consolidation to as low as $.04 before continuing upward.
Hourly Timeframe:
Who, What, Why - TSXV:AZN
AZN Capital Corp, previously Last Mile Holdings, previously Ojo Electric, is a Light EV micromobility company with the largest EV suite in the industry. Their acquisition of Gotcha Mobility in
February 2020, combined through their existing Ojo Electric business, strengthened them to be a leading presence at over 20 universities and 40 municipalities during 2020. Unfortunately, Covid struck shortly after, leading to nationwide school closures and lockdowns.
Despite this, outlook was bullish as consumers were looking for socially distanced ways to get around in a pandemic, leading to a 200%+ increase in riding minutes, from 416,600 minutes in January to 1,315,000 minutes in May, in contrast to only increasing fleet size by 17%. The Company's success led them to raise $7.8million in capital over the summer to push for aggressive fleet expansion, including ~$2.2million from then-Chairman Louis Lucido.
The Company may have grown too fast for it's own good, as it has been recently working with Rock Creek Advisors to free up capital and repay debts, leading to the strategic sale of the Gotcha and Ojo brands and assets to the BOLT micromobility brand in January 2021. Unfortunately, AZN still requires ~$6million more in capital to service their short-term liabilities, according to their most recent Interim filing.
So what now? Why buy into a sinking company?
Rock Creek Advisors specialize in financial turnarounds and has been in search of firms interested in AZN's assets, leading to BOLT's purchases. Another cash injection to cover short-term debts, ideally via long-term loan rather than bought deal of new shares, could put us on sound financial footing.
At the moment, investors have assumed that AZN Capital Corp will continue into the Light EV micromobility market, however, the Company has changed its categorization from Transportation to Industrials and Business Services. A press release from the Company stating direction will give us more clarity in the Company's future.
AZN Capital Corp's aggressive growth strategy is it's strong point. Whether AZN enters back into the EV market or enters a new industry, I believe in the Company's ability to identify, utilize, and enhance a company's strengths to build it into an industry-leading powerhouse.
My research has placed ~25% of float held by institutions or insiders, out of ~202million units.
While Louis Lucido resigned from Chairman recently, it is worth noting that he has yet to sell his position.
Thanks for reading my idea! This play is speculative in nature as we have no info on the future of the company while it is in bad financial footing. Remember to do your own research, do your own DD, invest at your own risk.
sources:
www.sedar.com
simplywall.st
TESLA - COMING EV BUBBLE CRASH? | FUTURE OF TESLA / MARKET RESETProposition:
EV Stocks have exploded in value from all types and all countries in all sectors
Tesla has been among them as the most explosive stock over the last year
Price has inflated far more than the company has grown
It is without a doubt that Tesla is a highly prosperous company and will continue being the leader in innovation and services so the long term forecast is bullish regardless
However, there becomes a point where euphoria, hype and overbought territories are reached and breached
As a result, I believe Tesla and the whole EV market along with the renewable market (solar and clean energy products and services) will pop and implode to a healthy level
Justification:
I could not recommend Aswath "The Dean Of Valuation" Damodaran enough. He is a natural-born teacher, highly competent and knowledgeable individual on investing, valuation and finance
He is a highly respectable, humble and intelligent person and his over 700 videos as well as numerous courses, are available for free to the public via youtube and his website
I highly recommend his talks, videos and views with regards to markets, finance, investing and the likes
Using his Tesla valuation model with a 0% probability of failure, his model outputs Tesla's fair valuation at ~$380
Tesla's TTM P/E ratio is at absurd levels with its current value at 1160
Price has distanced itself vastly with respect to the 200 WMA
RSI has broken out of a triangle and look to continue its breakout downwards
Stochastic levels look well-posed to reverse and cycle through to oversold levels on the weekly
Volume price indicator shows most of the run-up has been unsustainable with little volume zones apart from all the way down to its base
The fibonacci extension levels are in confluence with Mr Damodaran's valuation model and all of the above leads me to forecast future price to correct to $400-500 levels and potentially lower
Aswath Damodaran:
Tesla Valuation + Spreadsheet: youtu.be
Youtube: www.youtube.com
Website: people.stern.nyu.edu
FSR just separated from the EV crowdA new story has just begun for FSR, this doesn’t apply to other EV makers!
Potential gain:+70%
Reward/Risk:5
Timeframe: 4-12 wks
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
XL FLEET HIT NEW BOTTOM!!!!I think this exodus from tech and EV stocks is not a bursting of the bubble in the way the bears think I think we simply need to sift out the winners and realign our money with them and take from the companies that may not have revenue till 2027. Don't panic if you're in a good company hold strong with diamond haands!!! Support if you like what you see!!!!
$FCEL Building Before Another RallyTicker: $FCEL
Description:
Following the low emissions plan of Joe Biden, demand for alternative energy sources due to global warming, and the uproar in auto dealers switching to electric/alternative energy, we have been trending upwards for quite some time in the energy sector. $PLUG, $FCEL, $WKHS, and many others have followed suit and all call for an even larger upside.
Analysis:
This setup shows clear support of $18-20, producing a “safe” trade with a high % chance of success. With another potential run-up in earnings, an initial investment started here should return 100% or more again in our earnings run or post run-up.
I will only give you trades I personally watch and will always be clear when I think something is going the other direction and we should buy-in. I will not trade any hype stocks unless you’d like to test some and we talk about that separately from our long-term goals.