Following a sharp pullback from May’s record peak, Copper made a strong start to the third quarter, returning above the EMA200 (black line) and regaining the initiative. It tries to take out the 38.2% Fibonacci of that decline that will allow it to push towards 5.000-5.041 handle and eventually challenge the all-time highs (5.200). The fundamentals remain...
So NIO makes electric cars and is a company from Mainland China, which means that by default it's a Chinese Communist Party state-run enterprise because of the realities of Chinese law and living under the CCP's jurisdiction. Earnings are tomorrow morning and IV on options are juiced to 150% at the money expiring September 1 and 75% expiring January '24. It...
The first thing I want to remind you of is that you should buy stocks when they're low, down, and red. Stop buying things when they're green and up bigly because you "see confirmation." If you can't let go of this attachment to only believing in what you can see and not believing until you're shown, then the Bible story of Doubting Thomas is really something to...
Workhorse looks like it could be setting up for a Spring off of an Ice Line that aligns with the 0.786–0.886 Fibonacci Retraces. It also seems to be somewhat Bullishly Diverging on the MACD though not perfectly. If this turns out to be the bottom, then it could go for an inverted AB=CD move all the way up to the 1.272 Fibonacci Extension up at $125.92.
I think that these two stock will trade in opposite directions to each other, so I am tracking the ratio between the two stocks, and it looks like General Motors has just about hit the limit to the amount of ChargePoint shares it will be able to buy, and so I expect a decline in GM price and a Rise in ChargePoint's price from here.
General Motors after getting the TSLA Charging Plug collaboration news was able to generate enough energy to come back up to test the Bearish Channel and 55 Week EMA and from there it got a moderate rejection from it. This could be just the start of a greater move down to the zone between the 0.786 and 0.886 Fibonacci Retraces. I could aslo see a scenario as to...
The potential will be insane if it happens. You should not miss this chance which is once in a while. Just wait till it breaks the decreasing trendline, then buy and live happily ever after!!
ran across this in a Michael Burry article. Transaction net proceeds of $545 million* will fund LiveWire's strategic plan to accelerate its go-to-market model, invest in new product development, and enhance global manufacturing & distribution capabilities - LiveWire will benefit from industry-leading strategic partners - Harley-Davidson and KYMCO, a leading...
Under the radar Electric Bus & Truck manufacturer trading near recent lows. Good opportunity on 1.07 gap fill.
(Daily) Beautiful bearflag. Being in the daily Time frame, i will probably wait until wednesday to see what happens, but a rejection off this bottom trendline, could play long (with time, maybe Octover calls) and try to ride it to the top of the channel, Downside comes if the flag breaks down, targeting 13.40
Same idea as LCID, Look in the left how the last bear flag played out, and again we are seeing the same pattern. The only difference is that it seems that price broke below the bottom of the channel. Could see 8.60
TSLA has been very weak (just like everything else) I am watching a possible Lower High in the 1hr. We can clearly see support at 690.63 area, tried to move from there, rejected at 730 and then failed to hold that support (690.93) moving all the way down to 640 area where it is now the new support. IF price can move higher and retest 690.63 previous support and...
Today, an opening gap appeared on the daily chart of Albemarle; as a result, this offers an opportunity for a simple trade setup. We are currently bearish on Albemarle and expect a complete retracement of the opening gap. Therefore, we would like to set a price target for Alb at 198.44 USD. Illustration 1.01 Albemarle opened up almost 7%. Technical analysis...
TSLA is moving inside this ascending channel nicely (Look 15 min for a better visual) Price is now testing the bottom of the channel. If price rejects, we might see a retest of the top of the channel. In case price breaks below the channel, could see a push towards the base. FOMC tomorrow, so expect extreme volatility and whipsaw moves.
Price has been consolidating and trying to break $26 for quiet a while now, watching for a break for a possible runup towards $30
Xander Resources is an under-the-radar Nickel-Gold-Lithium play with properties next to companies worth 100x or more than its $3.6M market cap. Timmins, ON Nickel property that is right next to Canada Nickel Company TSXV:CNC ($330M market cap) is of particular interest. Nickel prices are hitting 10-year highs on dwindling inventories. Exploration will begin in...
I been accumulating li since $20. Li is exhibiting a decrease in volatility and in volume.
Seeing some signs of reversal on TSLA, As long as price stays outside of the pennant, we can see it moving higher First big resistance will be at $1000