Nikola Bullish Outlook 📈
Nikola is looking to retest it's IPO 4H previous support line (Dating back to 20 May, 2020)
On successful support (upward bounce from about 50.30), a bullish outlook is expected for Nikola's future.
EV
CBAT EV PLAY "CBAK Energy Technology, Inc. engages in the development, manufacture, and sale. of lithium ion rechargeable batteries. It offers aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell, and high-power lithium battery cell. Its products are used for electronic vehicles; light electric vehicles ; and electric tools, energy storage, uninterruptible power supply, and other high power applications. The company was founded in August 2001 and is headquartered in Dalian, China."
Recent PR
11:22 AM EDT, 06/29/2020 (MT Newswires) -- CBAK Energy Technology ( CBAT ) , an electric energy solutions specialist, said its China BAK Asia Holdings signed a framework investment agreement with Jiangsu Gaochun Economic Development Zone Development Group for potential lithium battery projects.
Through the deal, the CBAK unit aims to develop certain lithium battery projects with a capacity of 8 gigawatt hours, with Jiangsu Gaochun to provide various forms of support to facilitate the the projects' development and operation. No financial terms were disclosed.
Price: 0.84, Change: +0.10, Percent Change: +13.51
In at .81 looking for break of .9
PT1 1.02
PT2 1.18
PT3 1.88
NIO/TSLA comboupdate. I sold everything and am waiting to reposition lower for some profit and continuation of position. feel free to post your comments and share your oppinions. pls keep it clean and safe
SOLO, Fibs, Where Do We Go?The SOLO IR news, imo didn't have much to do with this. There's already a following and unless they were looking for true institutional investors, the retail momo is definitely alive and well. They just raised $20 mil so is there dilution risk? maybe. But after the drop did the market price in some things? Good question. I think the EV juices are flowing thanks to NKLA and the potential IPO of Lucid.. not to be confused with This (former) Lucid . Gonna come down to execution now.
"The company announced that it narrowed its list to for its new U.S. home to Arizona, Colorado, Florida, North Carolina, and Tennessee. Following this, ElectraMeccanica announced the accelerated expansion of its retail footprint for its flagship SOLO EV with new locations planned for Arizona and Oregon. It’s also worth mentioning that the company was also able to raise some $20 million to help efforts."
Quote Source & Info: Can You Make Money With Penny Stocks? 3 Up Big In June
NIO next stops $9.10 and $12-$13 for the year! With only $8B valuation at current levels and the EV car market rising, this is the stock with funny potential.
$NIO brokeoutNIO broke out the buying point yesterday and hit the resistance of $5.65. TP1 and TP are shown on the chart
12 months Consensus Price Target: $3.74
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Please don't trade according to the ideas, rely on your own knowledge.
Thx
TESLA $TSLA is rising upTSLA is rising but RSI is stil weak. Technic doesn't support price rising. The trend will be directed up to EPS result.
(ASX:ASN) Anson Resources - Falling Wedge Breakout Inc Could retest 30c to form Inverse H&S before breakout of falling wedge structure.
Could continue its run through the final resistance of falling wedge (Red Line) and commence bull run.
Moral of the story: Watch the breakout of the red line.
SQM: Huge base, retrace gives a low risk buy...Chilean lithium miner $SQM offers a great low risk trade here. There is a gigantic basing pattern, and a breakout that confirmed a huge trend signal here. Price now retraced into a buy zone in the weekly timeframe, while we have a bullish 50/100 EMA crossover in the daily chart. This might attract some attention to the stock. Interesting idea here, I would buy with a stop loss below the red dashed line on chart.
Targets are shown by the cyan boxes on chart, both upside and time duration of the projected trends.
Cheers,
Ivan Labrie.
NIO long ideaAfter a solid run up and doubling my initial trade, I sold on the pullback. I bought this again Yesterday. Its ready to go higher. I see its up 14% pre-market. Should continue to new highs.
Can NIO Finally Confirm a Move Out Of Penny Stock Territory
" What has been the biggest driver ? Sales momentum is a big focus for the public right now. In fact, Bank of America Securities analyst, Ming-Hsun Lee reiterated a Neutral rating but increased the price target to $3.90 from $3.80. The shining factor had to do with “strong sales momentum since August.” Can Nio continue this momentum in 2020 as Tesla rolls out more EV’s in China?"
Good question. But finally, NIO is showing real signs of life. Let's just hope sales momentum continues. I think the first quarter is going to be interesting to see the January - March figures as Tesla goes live
Quote SOURCE: Best Penny Stocks To Watch This Week? 1 Up Over 210% This Year
5.2p-7p next resistance - nickel upswingAbove t-line - bounced off 200ma weekly at 3p
One of my biggest holdings - trade pot & core pot.
Finance deal on any of their assets will see this rocket. Happy to hold in 2020.
Nickel after retrace now on a upswing
buy triggers nailed last 2 times on chart. third time?
#Nickel on start of potential swing up #HZM trend reversalBounce from 78.6 fibs & also previous resistance which becomes support
it should head towards 50% retrace line & hopefully brake it eventually.
Very bullish on Nickel in coming weeks/months/years due to EV battery metals rise
$tsla Respecting rising support and 100 day MAI'm curious how you guys are playing this or what you think longterm on this one Thanks!
Heres the more in depth video update as well.
Tesla 6 year old trend line supportTesla touching its trendline from November 2013 for the third time and it made a 19% bounce from its lows to high so far.
2 weeks ago, the stock's volume had its biggest peak since February 2014. This tells me that the trend lines are very relevant.
The 200 MA weekly has been acting as support all the way and had a total of 4 bounces from this time period. Now since it went under its 200 MA weekly for the first time, I can see it acting as next resistance for Tesla if the uptrend were to continue.
Since Elon's 420$ funding secured tweet and all the other string of bad news for Tesla this stock has been going downhill from its last high. I've been waiting for this price for a long time since it has acted as old support several times.
Tesla will always be a risky investment and a stock that people love to hate but trading opportunities for this stock will always come and from an FA point of view the company may not be delivering always on time, but their business is expanding and their revenue goes up on a yearly basis each year which is what matters.
Comparing this with the technical aspect, I think we have good enough signals for making this a good R:R trade.
TESLA Triangle Formation Tesla has been in downward moving channel for 30 weeks. If Tesla delivers a record number of cars in this quarter, the stock will have significant upside potential. There is also 7 week triangle formation in the making. Triangle can be both continuation and reversal types. I believe if tesla delivers in this quarter, stock will move up. I am planning to invest around 219$ and my initial target is 244$(11%). My stop loss will be 181$(20%).
TSLA / D1 : Bulls, Bears & speculators battling the supportHope this idea will inspire some of you !
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Kindly,
Phil
SEDG - Solaredge Technologies12/26 MACD cross-over with CCI entry crossing 0 on weekly candlestick chart.
Solaredge Technologies is down from peak of $68 and showing entry point at $38.03 on chart.
Market Cap value $1.65B
Enterprise value $8.4B
Total debt -0-
Free cash flow $150M
Sales growth rate: 22%
Expected value: $3.3-3.5B
About: SEDG
Israeli Solar company SolarEdge Technologies, Inc. offers an inverter solution for a solar photovoltaic (PV) system. The Company's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The Company's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.
Recently partnered with Google using Google assistant for EV charging and 6x faster charging. World's first EV Solar Inverter.
Request needed for a 10-year back-up battery for 10-hr. house charge and ability to rapid charge EV, we're almost there.
