NIO - still bearish...NIO - still bearish and shorters will likely step in at the 20ema shortly. Don't forget they dump for year end! m~
EV
EV Company Last Mile to List on Nasdaq Through Merger With FIIIEV Company Electric Last Mile to List on Nasdaq Through Merger With Forum Merger III Corporation
Pro forma implied equity value of the combined company is approximately $1.4 billion
ELMS expects to launch its Urban Delivery van as the first electric Class 1 commercial vehicle in the U.S. market in the third quarter of 2021
Transaction supported by approximately $155 million in fully committed PIPE and related financing anchored by institutional investors including BNP Paribas Asset Management Energy Transition Fund and Jennison Associates LLC
Approximately $379 million of gross proceeds expected from the transaction to be used to fund operations and growth
Upon closing of the transaction, which is expected to occur in the first quarter of 2021, the combined company will be named Electric Last Mile Solutions, Inc. and will continue to be listed on the Nasdaq Capital Market under the new ticker symbol, “ELMS
To date, ELMS has over 30,000 pre-orders from customers including leading brands and some of the largest fleet managers and dealers in the country.
www.businesswire.com
NIO over 48.47The earlier frenzy has worn off a bit and more importantly this has cooled down. Some consolidation and chop which may clear up over 48.47.
NETE: Strong Bullish BaseWeekly and daily patterns giving strong indication of a breakout. Relative strength massively strong on a potential indices breakout day.
NIONIO continues to be a little beast. Level 2 access disappeared for me which makes me worried. I still think NIO eventually with go to $100 and beyond but i'm not sure the dip buy is in play for the very near future again. I'm hoping we stay above $49~50 to continue up...
NIO possible pullback?NIO currently in its second upward channel; EV been booming so hard, its bound for a pullback soon enough especially the chinese EV stocks (nio, xpev, li etc.). I could possibly see NIO breaking below this channel its in with three possible supports around 49.4, 45 and 40 (even though its still madly overvalued here, there was a lot of buying pressure at 40 so i dont think itll go below that if anything), but hey let me know what u think cause for all i know with how crazy EV has been it could very well just keep going lol
SOLO Fib Retracement for a great buy OPP! Looking to capitalize on the EV market pullback this morning with a SOLO buy zone placed last week. Hoping this wick to the 78.6 was the one!
AYRO Price Target for 24th NovThe price is in a wedge that I expect to break downwards, since it did the exact the same thing on yesterday's wedge.
LI AUTO Target Price Range for 24th NovLi is in a very clear channel that doesnt seem to become more volatile with the hype (unlike Xpev for example).
It seems to follow the trend very stably and clearly and it shows no signs of having exhausting the trend yet.
Yesterdays prediction I made for LI was spot on (not published unfortunately) and it closed precisely at the price I expected it too.
Both yesterday's accurate prediction and today's prediction are based on the same channel.
Overall I expect a 3-10 % increase today.
Electric Vehicle Company Canoo 421M Market CapCanoo has announced a merger agreement with Hennessy Capital Acquisition Corp. IV (HCAC), a special purpose acquisition company (SPAC), that would result in Canoo becoming a publicly listed company.
Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles, reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that defies traditional ownership to put customers first. Distinguished by its experienced team – numbering over 300 employees from leading technology and automotive companies. (prnewswire.com)
The indicators are looking bullish on every timeframe, the market cap is very low and the company looks promising.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Please help one this / why CIIG is valued 750M ?Arrival confirms that it entered into a definitive business combination agreement with CIIG Merger Corp. (NASDAQ:CIIC) in a SPAC deal. and the newly combined company will be listed on the NASDAQ under the new ticker symbol ARVL.
The transaction values the combined company at an enterprise value of $5.4B and is expected to provide gross cash proceeds of around $660M to the company. As part of the transaction, CIIG raised a $400M fully committed common stock PIPE that was anchored by Fidelity, Wellington Management, BNP Paribas Asset Management Energy Transition Fund and funds/accounts managed by BlackRock
Can you please tell me why CIIG is currently trading at 750m USD while the reverse merger with Arrival will value it at 5 bn USD ?
I guess CIIG will absorbe Arrival and change its name to ARVL , correct
Do you have any idea? as if the combined value will be 5 bn the share will do 5 fold at least
Someone knows the terms of this reverse merge and the ratio of exchange of shares ?
Much appreciated
solo will trend up to $14solo will begin a move up to $14, try planning accordingly
following in $KNDI footsteps
HYLN Long My next long hold is HYLN. I was lucky enough to get in on a cost basis of $22/share. I loved HYLN when it was $50’s back when it was still known as SHLL. I’m not quite sure of the reason why there was such a big sell off - I do know that post-merger, SHLL did not have the 180 day lock out period that most SPACs have.
I personally believe that HYLN is providing a real world, practical solution to one of the biggest challenges facing the world - EV Semi trucks.
I’m looking at the end of Aug 3 to Aug 13 2020 of the consolidation phase after the initial pop. I see the Bollinger Bands squeezing which led to the outbreak up to the high 50’s, and I see something similar forming at the moment. Also looking at the Doji that was present before the initial run, that we also saw about 2 weeks ago (October 28 2020). The last time we saw the price break the 20 day MA on the Bollinger Bands was also during that initial run, which we also broke this last week. MACD also gave us confirmation for a buy signal shortly after the Doji on Oct 28 as well.
IF we can break 28, I think there is a good chance we will see the 40’s very quickly based off the volume shelf. I don’t see historically very much volume in between 28 to 40, which leads me to believe we have a good chance of pumping.
** LI ** LIVE UPDATE 11/16 MIDDAY. Quick breakdown of $LI signaled this morning. Where it could go next.
BLNK - When and if it breaks ...Lights outNASDAQ:BLNK - Don't make me say - I told you so but when and if it break horizontal line, put your smile direct dentures, braces or whatever it is that they sell and smile at the camera.
