We have a nice chart building up from a recent recovery dump. Currently we are sitting on support which is also a high volume node. The oscillators have reset and are nicely aligned on a stock that has been hammered recently. I have my targets at $7.50 and $8.20 , I would put a stop below $6.78. Not financial advice, DYOR. Via Bard.Google: VFS Financial...
TSLA has a perfect short swing trade since 18/09. This is confirmed today as the stock droped below $260 key level - pre market. Another confirmation that a key ascending trendline on the 4hrs chart has been broken pre market. it marked as white line. My trading plan for the day is to see how it will react to this level - i need to see it retest and then enter my...
BATT here is on a daily chart with a demand /support zone and resistance. supply zone both drawn in along with a long-term volume profile showing the POC line at the top of the latter zone. A triple Bollinger Band is overlaid showing price currently two standard deviations below the mean VWAP which is more or less horizontal with little slope The ZL MACD...
XPEV on the 2H chart had a summer peak with the announcement of the collaboration with VW which then ran into quicksand. Price fell down to the support and demand zone and now appears to be rising despite a miss on the earnings report. It seems that with the US markets in quagmire, some investors and traders are diversifying offshore. XPEV, NIO, BABA and...
From the 1H chart, I have drawn descending and falling trendlines with the resistance falling faster, That is to say I see a falling wedge pattern which might be typically at the bottom of a trend forecasting an upside breakout. LICD made a small move up in the past 3-4 hours of trading. Overall the indicators support the idea of a reversal especially on the...
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...
EVAV in the past six weeks rose about 90% and then faded 5% in a correction or pullback. This may be a buying opportunity. Price is heading down into the area of the two mean VWAP lines where I will look for a bounce. Professiona traders like to buy in the area of VWAP and so I expect high trading volumes there are big traders take large positions.sThe ...
NKLA on the 2H chart appears in a cup and handle pattern with the full pattern including the bullish continuation now printed. The pattern predicts $ 2.00 of upside . While the fundamentals of a change of CEO may be concerning, the the creativity of finding cash during a slow cash burn without diluting current shareholders. Perhaps he will have two classes...
with details including SL and tiered Targets on the 1H chart for this pullback continuation idea.
XPEV is trending up. It is Chinese in the biggest EV market on the planet. No import duties. Low-interest rates on debt and consumer auto loans here as the government is doing the opposite as the US fed. Now the collaboration with VW which has legacy excellence in manufacturing with XPEV whose forte may be technology and autonomous driving innovation. On the...
TSLA on the weekly chart appears to be in a widening and ascending channel somewhat suggestive of a megaphone. At the same time it is below heavy resistance at 360 which is the same level as two standard deviations above the mean VWAP line anchored back to November 2021. The resistance zone is the highs of November 2021 and late March / early April 2022. ...
TSLA on the 2H chart has been trending up since the earnings in April with minor corrections along the way including this past week after favorable earnings. The news of the massive pre-orders of Cybertruck has permeated the trader and investor community that follows TSLA. On the chart, TSLA broke down the anchored VWAP bands to settle on the support of the...
FFIE is part of the EV Sector but marches to its own drum and cadre of investors and traders ( speculators). On the 15-minute chart the MACD has signaled an entry with the green dot. Price is sitting on the support of the intermediate term anchored mean VWAP lines. The low and high time frame RS lines have bounced off the lows and are in good mid-range. I...
GOEV does not compete with TSLA. It makes special use electric vehicles including a NASA contract apparently for vehicles to be used upon the return to moon exploration. As a penny stock, GEOV has weak fundamentals coupled with high trader and investor interest. Large capital institutions have a predominant portion of the shares. On the 15 minute chart....
GOEV on the 30 min chart had a big trend up from June 30th through July 5th- then pulled back for two day before a huge momentous move up on Friday July 7th. where it moved from the support of the mean VWAPs anchored in mid June into overbought territory two standard deviations above that level. On Monday July 10, price dropped precipitiously back to those...
RIVN on the 2H chart rose 67% to begin July as part of the larger EV sector rally which included several other tickers including those from UK and China. It has pulled back significantly since completing a double top on July 13th. Price is now hovering over and supported by the mean VWAP line anchored to July 1st. The two time frame RSI indicator shows both...
FSR on the one hour chart completed a trend down from Wed June 23 to Tues June 27 and appears to have reversed. FSR has gained about 12% in 3 days on the bounce. The following are signs of bullish momentum: 1. Price is supported by an ascending linear regression line with a period of 50 2. The MACD lines crossed over the horizontal zero line on...
LI has seen a 60% price rise since significantly beating the earnings estimates of the analysts. LI competes with TSLA and NIO primarily in Chinese and perhaps a little in Scandinavia. It does not import to North America. The 2H chart shows price rising consistently in a channel between the first and second standard deviation lines above the mean anchored VWAP...