MG Magna International Looking to buy into Magna as an EV play with reputation and track record. Big break out on some news. Looking for it to retest the previous ATH and would like that to fail and hopefully I can get in at the low 80s. Same with others, I’m not in a rush to get into this. RSI showing over bought. I should be able to get some sort of discount here.
EV
$SBE chargepoint - beautiful setup (similar to QS!)Beautiful setup on $SBE (Chargepoint)
Targeting 56
Holding 50c 1/21
TSLA where to next? retracement at 650+ or pullback retrace 600where will tesla go next? retracement zone at 600-650, and 650-700. Could also break above 700 and trend higher but with stimulus checks falling through I doubt it will spike. We're just hoping it doesn't sell off come monday dec 21 aka sp500 inclusion date.
My take is this. Tesla has spiked up rapidly due to the index buy up. come monday all the short term traders will dump their positions. massive selloff possible, with a correction upward possible when the long traders see a bargain post sell off. trade accordingly. good luck.
$VLDR $HYLN in Sync Trend Reversal$VLDR (green line) is pretty much the same chart structure as $HYLN. Every dip post trend reversal will be a great buying opportunity (green zone).
Electric 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 at closing, at a $10.00 per share price and assuming no redemptions by Forum shareholders.
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
Anticipated proceeds from the proposed business combination expected to sufficiently fund initial product launches
ELMS has over 30,000 pre-orders from customers including leading brands and some of the largest fleet managers and dealers in the country.
The boards of directors of both Forum and ELMS have unanimously approved the proposed transaction, which is expected to be completed in the first quarter of 2021.
finance.yahoo.com
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
NETE: Strong Bullish BaseWeekly and daily patterns giving strong indication of a breakout. Relative strength massively strong on a potential indices breakout day.
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!
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.