VOW3 Elliot Wave analysisVolkswagen very undervalued as EV play. 230k EV's sold in 2020 with an 80B marketcap.... ( NIO has 90B marketcap with 45k EV sold in 2020) Very strong fundamentals, EV battery recycle plants. I.D series EV's.
Pricetarget shortterm 240$ (elliotwave)
Pricetarget longterm 400>$ will depend on EV sales growth, making profit on battery recycling, putting cash to good use ( EV innovation)
~slippe
EV
FCEL testing 50 EMA and seeing green day?? so..... this is my idea my peeps! take a listen or not but my opinion only do your work.
FCEL broke down out of its channel (the blue parallel lines) (1 day time frame)
it looks like it has tested the 50EMA (the red line) and also the fib retracement of 0.382 (i circled it for ya baby)
from this point i would like to see some more volume and green days.
MACD wants to curl up over the signal line (the lines at the top Yellow and blue) for anyone that does not know what that it is.
It is basically a buying signal and good indicator for the market.
the 1 day candle stick could maybe come out to be an abandoned baby.. or inverted hammer ?? let me know what you think
going forward the next coming days i would like to add to my April.16th 2021 $20.00 strike depending on how these patterns end up panning out:))))
Expecting strong support around 50 days EMAIt's rare to see NIO bouncing around its 50 days moving average during such a booming EV market. As I see the bullish momentum continuing I expect to see strong support and bounce back in NIO stock. I could also see the bounce back being even faster, in the case of NIO releasing especially good delivery numbers for February.
Huge returns 2021+If you are looking for a good medium to long term hold that could 3x your investment in the next 5 years, consider RMO.
Yes, it's in a down trending channel.
Next support is close to $14 and note that by March they are redeeming all their warrants, so it is in the companies interest to not see the price skyrocket, in order to attract long term investors.
For a swing trade: enter in the $14-15 range, with SL at $12.
Profit target 1 $18
Profit target 2 $23
My personal strategy (long term): entering now at 15.2. Will dollar cost if dips to 12.
Why I like it: company is growing (lot of new hires). Their tech is a market leader in EV batteries space, with a few clients in discussion. Google "Romeo Power Thermal Management System" and you'll see why they're considered to be ahead of most new entrants in the space.
Good luck!
Is CANOO the next big thing ? Hyundai motor was in early-stage talks with Apple about potentially working together to develop an electric car. - Report CNBC
So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in 2022, with scaled production and launch planned for 2023.
If all goes well, I reckon CANOO will keep climbing to beyond $50.
Catalyst/Source:
- www.theverge.com
- www.cnbc.com
- www.hyundainews.com
- Joe Biden signs executive orders to cut US oil, gas, and coal emissions
BLNK Descending Wedge Breakout AGAINBLNK Descending Wedge Breakout
Clean Energy play, great for Long Term as well
- Great news with setups in S.A. EVPA plan,
other catalysts include EV expansion
in other states like FL and NH
BLNK has formed this pattern 5+ times now
Breakout imminent, low volume pullback
TTM Squeeze on 30m (last squeeze jumped 20pts)
RSI, 20, and 50EMA curling
Held 20EMA on the daily
PT1 58.3
PT2 64
PT3 75+ by Q2
45% swing incomingIf there is not a trend break for NIO in the next few days, this thing will likely have a massive run-up to 80$. CCIV or Lucid is currently trading at around 57$, making Lucid a 57*1,2 = 68,4 billion dollar company, as a direct competitor to NIO. However, NIO is far ahead, and their vehicle deliveries might hit 100k this year. NIO's current evaluation is LOW compared to Lucid, whom will likely go even higher on a 100% confirmed merger deal. NIO is in the background becoming more and more attractive as a swing trade or just a great entry for long-term holds. Keep this high on your watchlists!
SOLO Breakout Imminent SOLO has been holding this support level and been following this sideways breakout trend the past couple of weeks. With RSI curling and momentum + volume coming back again into this consolidation, I really like this play. There was great news that came out recently, with PR saying they now have ties to 7 different countries & Invesco stating they have roughly 8% ownership - great dip buy!
Proterra Pennant Play! Another EV Company Gearing Up For A Move Proterra NASDAQ:ACTC designs and manufactures electric transit buses and electric charging systems. I am not going to do a big write-up on Proterra, this play for me would be a shorter term swing/breakout play. The company looks solid, their customer base is quite impressive and spans across North America. They are a very diverse company and have established a strong foothold in the heavy-duty electric transportation industry.
Chart: Beautiful pennant has developed over the past 31 days and looks to me like we could rally back to $30 if the market complies. I will be watching ACTC for volume. As can be seen from the chart once it was announced Proterra was going to be merging as ACIC we had a huge rally to $31 and then a cool off with a base forming at $24-$25 range. I will be looking to enter on breakout of the pennant with common stock and depending on the IV I may enter 2/19 $25 calls (currently $1.3/1.5).
If the pennant breaks down watch to see if ACTC finds support at $23 lvl where it has demonstrated a solid bottom already.
PLUG over 70.00Beautiful wedge forming here, my guess is that it takes a day or two for price to close right around this level, and then a big break over. Of course this could bust through with conviction on high volume in one day, but more likely that it takes a day or two to set up. Can use the opportunity to position with long dated calls or shares, I think there’s a high likelihood this breaks to the upside. The wedge is a reliable pattern given then strong run up, and EVs are a hot sector likely to continue rapid growth.
The Ski Mask is on......AlbamarleI see a quick drop in price before the continuation of a tested resistance. I really like this company as they are the largest company within the lithium industry which will be in high demand for the auto industry. Going through a covid phase. They should be ok as the financials are still in ok enough shape to me for growth and long term value. I think price bounces off of $160.38 and shooting up towards resistance and above down the line.
What do you think?
The Ski Mask is on......BLNKI like blink charging for a long term hold. Obviously we are headed into the EV age and I like how this company no only participates in making vehicles, but also dealing with charging stations was a big plus for me. I like the commercial value of this company down the line. Price is in a support zone look for it to test resistance since mac d and rsi are on the bottom side meaning that price could be oversold.
What do you think?
$FUV - An old friend is backAnother holy grail watch. I have been in and out of this one for a nice profit a couple of time already.
- Adding to watchlist again
- Bounce off 20MA for Holy grail
- She's a runner, could be huge move.
Watching for now...
HYLN Hyliion - A proper EV breakout incommingBattery tech charged for HYLN news released (what convenient market timing) as it fills out the breakout here.
I'll be entering calls for mid March. Good luck, trade safe and manage your risk!
Like/share if you like these charts ask me about them!
CIIC Long Term movement in coming monthsI believe that with the hype of SPACs dying down, attention has moved away from a very big SPAC player. Within the upcoming months, CIIC will move in an uptrend because of its companies fundamentals and because of the catalyst that follows. Two catalysts are its official merger and the start of their production line.
SOLO, When it pops, it pops!Last run-up, we had a 400% gain over a month. therefore seeing a 300% gain by March is not out of the question.
A run-up will happen with all the consolidation SOLO has been doing, and it will be a bug one, all the way up to tap the support line, at the top fib level.
WKSP BreakoutI have been watching this company the last couple months.
finance.yahoo.com
www.gurufocus.com
Looks extremely promising to me. When they start making contracts with companies building new electric trucks this thing will pop.
Nio breakout zone Just an update, if you’re not already in the trade look for bullish action and a confirmation of the break out. The stock could retrace here, but I think that the sentiment and market conditions are really bullish so I doubt it. I could give more technicals and cool numbers but I don’t believe it to be necessary to see the trade.
I own stock