Get started

EV

Tesla 2019 Vs 2023 Breakout Comparison Tesla 2019 Vs 2023 - Repeat Megaphone pattern? - Repeat Megaphone breakout? - Repeat 10% pull back before major move? If we confidently break through and close above resistance or get a 10% pull back, it could be worth putting in place a position with a stop under resistance or a tighter stop if its the 10% pull back scenario. We could still revisit the 200 Daily SMA... and we need to be aware of that. That's why you have a stop because the 200 DSMA is idyllic but given the similarities of this pattern, it could play out and it might be worth taking a position SUBJECT TO having a tight stop under the resistance level (once we break above it) or having a tight stop under the 10% decline entry. It will be interesting to see how this chart plays out. It could hardly be as exponential as 2019? but it could be a nice move. PUKA
NASDAQ:TSLA
by PukaCharts
9
Possibility TSLA rally lasts till Q2 TSLA has returned well over 100% since it 'bottomed' this year, however I don't think this is the real bottom. Having the cheek to say it here but we will most likely dump when we reach resistance @gap fill $260. Mixed with macro and slowing economic growth I can't see it reaching $300 this year unfortunately, $280 maximum IMO. I have taken a small short position and looking to close out when we hit the 50EMA, then I think NASDAQ:TSLA will resume uptrend towards $237-240 if it breaks resistance it will gap up but that will be short lived. Look to enter TSLQ or the short x3 leveraged ETF if it rejects the $260 zone. Timeframe : 1-3 months lasting from end of Q1 into Q2. From Q2-Q3 it will be sidewards with a pickup in Q1 2024. My predictions are in... Best of luck traders! RR ratio : 6.72
NASDAQ:TSLAShort
by jackohgorman
1
Copper Conundrum: Diverging Indicators Point to More DownsideThe last time we looked at copper was last October, and the trade played out nicely in our favor. Much has happened since then and we think another opportunity lies on the horizon now. Revisiting the same analysis now we observe the following… China, being the largest copper buyer, its currency pair CNHUSD traditionally shares a high correlation with copper. However, a divergence has emerged since May 2023. Moreover, copper's wide usage in manufacturing - from batteries to appliances and industrial machinery - makes China's import and export figures a good indicator of global economic health. These figures currently paint a gloomy picture, with YOY Exports & Imports pointing lower. Again, we notice a divergence between copper prices and these economic numbers. The Gold/Copper ratio, usually confined within a certain range, has recently tried to break higher. Despite facing resistance, the movement may still have momentum. Previous breaks upward have proven to be quite rapid. One way this could play out is if copper trades lower, the Gold/Copper ratio tends to trend higher. From a price action perspective, copper seems to be breaking out from a seven-month bull flag, inching towards the 4.00 price level. However, the significant resistance at 4.00 casts doubts on the breakout's success. Further fuelling this doubt is the emergence of a Simple Moving Average (SMA) death cross on the daily timeframe. On a shorter timeframe, the Relative Strength Index (RSI) suggests slight overselling, while the overall price structure is encapsulated in a symmetrical triangle. Summing up, we foresee short-term downside for copper due to diverging macro factors from copper’s price and a downward trend in the dollar. Moreover, price action suggests overbought levels and looming resistance. CME has the Full-sized Copper Contract or the Micro Copper Futures which we can use to express this view, taking a short position at the current level of 3.904, stop loss at 4.10 and take profit at 3.55 the next level of support and subsequently 3.30 if the symmetrical triangle breakout happens. Each $0.0005 price move in copper per pound is equal to $1.25 for the micro copper futures and $12.50 for the full-sized copper futures. The charts above were generated using CME’s Real-Time data available on TradingView. Inspirante Trading Solutions is subscribed to both TradingView Premium and CME Real-time Market Data which allows us to identify trading set-ups in real-time and express our market opinions. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description. Reference: www.cmegroup.com www.cmegroup.com www.cmegroup.com
COMEX:HG1!Short
by inspirante
NIO Wedge Breakout + 200sma BeatNIO has been benefiting from the recent rise in EV stocks with price breaking up and out of a falling wedge pattern while simultaneously crossing up through the 200sma with multiple closes above it. The last time NIO closed above the 200sma prior to this recent move higher was back in November of 2021. Looking at the moving averages(8,21,34,50,100,200) we can see that the shorter averages are rising and crossing up and above the longer averages indicating a short-term bullish trend in price. The 100ma is leveling out, the 200ma is still declining. We want to see price continue to rise going forward and for the two longest MA's to turn up to strengthen the bull case in NIO. The PPO indicator show the green PPO line rising and trending above a rising purple signal line which indicates short-term bullish momentum in price. Both lines trending above the 0 level indicates an intermediate to long-term bullish momentum in price. The TDI indicator shows the green RSI line trending above the 60 level which indicates a short-term bullish trend in price. The RSI line is also above its purple signal line and in the upper half of the Bollinger Bands indicating a bullish trend. Going forward we want to see the green RSI line continue to trend between the 40-60 levels as a sign of an intermediate to long-term bullish trend. The only negative here is the RSI line putting in a lower high compared to price which is a bearish divergence and could lead to a short-term pullback. Assuming that the stock market and EV sector specifically continue to hold it together, NIO should benefit. Buy price for me was $10.77. Stop loss for me is currently at $9.37. No upper price target for now, will continue to raise my stop-loss as price sets higher lows on an anticipated continued move higher.
NYSE:NIOLong
by PrepForProfit
NIO - Falling Trend Channel [MID -TERM]🔹Breakout the ceiling of falling trend channel in the medium long term. 🔹Breakout resistance at 8.79 in double bottom formation. 🔹Supports at 9.3 and resistance at 13. 🔹Short-term momentum is positive with RSI above 70. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NYSE:NIOLong
by wavepoint99
$RIVN: Long & movement into Phase CNASDAQ:RIVN I would treat all EV stocks at the moment with a degree of caution as theres been plenty of recent microeconomic movements between companies. From a technical aspect, we had just experience a leg down into Phase A and currently accumulation for institutional buyers are taking place. Think of you at a Supermarket buying food at bulk price. Over the last 2 weeks, Volume has picked up three fold and buyer's momentum is shifting and coming in. ST SOW was clear, (Secondary Test: Signs of Weakness) where we broke support and rapidly bounced right back. So currently in Phase B we are awaiting a long to higher highs around Phase A AR/UT before heading back low to a potential spring across the creek. Looking forward. Have set my limits into areas just above green OBs so we are looking very ready and with good indicators in place. Will be picking up the stock for Long term when it clears the ST SOW levels so for long term holders, I believe we can hold out slightly longer.
NASDAQ:RIVNLong
by bradleyzander
3
F - Falling Trend Channel [MID -TERM]🔹Breakout the ceiling of falling trend channel in the medium long term. 🔹POSITIVE signal from Rectangle Formation at resistance 14.03 breakout: Next resistance at 17.97. 🔹Breaks through resistance at 14.40. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NYSE:FLong
by wavepoint99
RIVN - Rising Trend Channel🔹Broken through the floor of a rising trend channel in the short term. 🔹inverse head and shoulders formation. 🔹POSITIVE signal with 15.02 resistance breakout, NEGATIVE with opposite formation reject. 🔹Between support 14 and resistance 15.6. 🔹Volume correlate with price up and down. 🔹Technically POSITIVE for the short term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:RIVNLong
by wavepoint99
TSLA Outlook 06/26-30/2024Technical Analysis: NASDAQ:TSLA currently is forming a bull flag on the daily timeframe with a golden cross setup (50MA crosses the 200MA on the daily). I lean bullish on NASDAQ:TSLA as long as price action can defend the gap made from 235-242. If w can break out of the bull flag above 277, we could move towards 295. Bears will look to short this level. Bears will want the bull flag consolidation to fail and fall below the gap. Bears could also target the pennant breakout at the 200 level, which would also signal the long GP. If we somehow fall down the the 200 level, I’d expect bulls to step in and buy it up. Upside Targets: 267.40 → 276.99 → 293.58 → 300 → 307.25 Downside Targets: 242 → 235 → 229.15 → 217.24 → 204.06
NASDAQ:TSLALong
by peterjames_6
Tesla BULLISH OUTBRAKE Tesla CEO Elon Musk expressed his intent to invest in India as soon as possible after a meeting with Indian Prime Minister Narendra Modi in New York. Modi's support and push for investments in India have encouraged Musk, who confirmed that Tesla plans to enter the Indian market but did not provide a specific timeline. Tesla's entry into India has faced delays due to negotiations with the Indian government over import duties. The government is requesting Tesla to produce cars locally before considering tax breaks. Musk had a positive meeting with Modi and is optimistic about India's future. Currently, Tesla has a gigafactory in Shanghai, China, and is considering India as a potential location for a new factory. Both China and India are actively seeking to attract investments and promote the electric vehicle (EV) industry. China recently announced the extension of tax breaks for new energy vehicles (NEVs) until 2027. During his visit to China, Musk discussed EV development and Tesla's operations in the country with government officials and praised the quality and efficiency of the Shanghai gigafactory. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:TSLA
by legacyFXofficial
FFIE EV Penny Stock LONGFFIE is an EV pneey stock below $ 1.00 and so has delisting risk. The 30 minute chart shows the rationale for the long trade with 300% upside. The risk here is of a delisting which would send FFIE into the OTC market where it could explode. This penny stock trades millions of shares per day and trading volume has heavily increased as the price goes lower. Given the volatility a stop loss of 20 % at $.20 is needed or even the swing low at $.15. However, the upside technically is the 300% to get to the YTD swing high. I believe that it could go even higher if a delisting occurs. A reverse stock split would be a further catalyst for FFIE. AS a basic high risk high reward scenario, I will take along position and what will be will be.
NASDAQ:FFIELong
by AwesomeAvani
FFIE-- EV Penny Stock on NASDAQ longs to go higherFFIE is the past several trading sessions had a 60% uptrend over 3 days followed by a 50% standard Fibonnaci retracement. FFIE may be getting sympathy interest from the surge of TSLA. The relative volatility indicator shows the spikes of volatility associated with the price movement. FFIE is sitting midway between supply and demand zones. I will watch it for a resurgence of the uptrend knowing that it may be dramatic but quick. I see this as an excellent opportunity to daytrade a volatile penny stock for a quick significant reward. I am assured in the long setup by the zero-lag MACD showing a line cross under the histogram
NASDAQ:FFIELong
by AwesomeAvani
ChargePoint After Filling a Gap is Back at the PCZ and Ice LineChargePoint has come back to the PCZ of the Bullish Bat and The Ice Line of the Range; presumably to fill a gap that it had created several days ago when it gapped up from this level. Now that the gap has been filled, I would expect to see this level hold much the way it did last time and go for the Bullish Breakout of the Descending Supply Line from which could in time lead to it trading up to anywhere between $20 and $30
NYSE:CHPTLong
by RizeSenpai
1