Recent Buy: $4.14 | .618 Retracement Short Term Target (5/3/24): $5.50 | Intermediate Target (Week Ahead): $6.80+ Stop Loss Trigger: $3.80 Mullen Automotive (NASDAQ: MULN) is gearing up for a bullish run, and here's why I'm optimistic: 1. Electric Vehicle (EV) Sector Growth: The electric vehicle industry is experiencing exponential growth, driven by increasing...
Nio Inc., ( NYSE:NIO ) once hailed as a trailblazer in China's electric vehicle (EV) market, faces mounting challenges as it grapples with widening losses amidst fierce competition. Despite strong delivery numbers and revenue beats, the company's annual deficit has expanded, reflecting the intensifying battle for supremacy in the world's largest EV...
In a recent filing with the Shenzhen Stock Exchange, BYD Co. ( NYSE:BYD ) announced a robust surge in its 2023 net income, projecting an increase of 75% to 86.5% compared to the previous year. Despite this impressive growth, the company fell short of analyst expectations, sparking a 5.44% drop in NYSE:BYD shares and extending losses to roughly 37% over the past...
In a shocking turn of events, Tesla ( NASDAQ:TSLA ), the world's most valuable electric carmaker, saw its stock plummet by over 12%, wiping out a staggering $50 billion in market capitalization. The nosedive came on the heels of disappointing Q4 earnings, where Tesla ( NASDAQ:TSLA ) reported a 40% decline in earnings per share and warned of potentially lower...
XPEV a few weeks back had the hype and excitement of the VW deal marked on the 1H chart as a head and shoulders from which it has falled onto a thick support and demand zone at the present. The ZL MACD indicator shows a line cross under the histogram which has went red to green. On the dual TF RS indicator the greenlower TF has crossed above the black higher...
NKLA has had an interesting week as it sought to have shareholders vote for a dilution to raise the cash necessary to grow its business. The former CEO now convicted and awaiting sentencing as a major shareholder led the opposition and the vote for a dilution failed. Seemingly, NKLA will now seek capital through some other means. Earlier, it was awarded a...
Don’t expect TSLA to break above 800 in the very short future. If we take the May 2021 yellow box fractal as a guide, the volatility range this 3Q will be between 540 & 800 or even until Oct or Nov of 2022. WHY LOOKING BEARISH: Even Elon himself is preparing for a downturn by reducing labor force. On the technical side, since breaking below 800 in early May2022,...
Preferred instrument: common shares Entry: 35.80 - 36.90 SL 1: $35.75 SL 2: $33 PT 1: $45 PT 2: $52 PT 3: $72 Potential wave 5 setup from Sept 1 low. If 33 does not hold, next major support is 23-27
In my latest post on the 19th Jul 2021, I mentioned: "It is possible that wave 2 is not complete yet and we may see another leg down before taking off hard to make new highs as the 3rd impulsive wave." This is what happened and we should be on our way to the higher prices. Target 1 should be $59 and Target 2 should be $74 for the medium term. Note that still there...
All the buying and selling prices with the tip ranks analysts strategy and market watch strategy in place. Not an financial advice just like to share my research work. Good Luck.
FIsker is one of my favorite EV companies as its one of the rare US EV companies with a firm plan for mass manufacturing. Outsourcing their manufacturing allows FSR to operate an "asset-lite" business model which enables cost savings that are passed onto customers in the form of highly competitive pricing, which will help secure robust sales as global EV adoption...
we all know EVs are the future and surgings sale numbers also confirm their acceptability in public. and there are several segments in it like 2 wheeler, 4 wheeler, and CVs and just like that there are many companies in each segment. But the catch is if EVs run in an economy they need infrastructure. here TATA POWER comes into the picture they are the first-mover...
A *major* sleeper in the #EV #renewables space! - $290M mkt cap - Raised $100M in April at $15 with no warrants - $185M cash - Extra $50M in govt subsidies - $23 price target from Canaccord - Cup & Handle breakout --------------------------------------------------------------- Taiga Announces $50M in Government Support for Electric Vehicle and Battery Assembly...
Video update on $NIO after a significant pullback last week! Where is support?
VMC is trading at 1x sales with pending NASDAQ uplisting. A rare combination of strong fundamentals and bullish technical setup. Current selling pressure is due to warrants which expire on June 18th. Bullish biased Inverse Head & Shoulders or Cup & Handle, whichever you prefer. Bollinger Squeeze. Could see a big move soon, IMO.
Current Price $0.051 Price Target $1 We saw a big jump in ALYI this week as news came out that alternate systems is on track to meet their July delivery date. I covered ALYI exclusively in a video a couple days ago so if you own ALYI I really recommend you watch that in depth video. With deliveries on track there is nothing but catalysts for ALYI in this next...
ALYI Current Price $0.06 Price Target $0.08 - Long term still think we head to $1 this is just the current range we are in ALYI is up 75% today. I'm not really trading ALYI I'm a huge believer in this stock long term. We bounced on a key support level and at the same time today ALYI announced completing a scheduled review of its electric motorcycle development...
Video breakdown on $AAPL after parabolic run up to resistance. Most indicators are screaming oversold, and with inflation news ahead its important to tread lightly as we approach a breakout! I am leaning more towards a rejection, let me know what you think in the comments below!