Really believe these smaller EV plays are like buying tech after the tech bubble. Doesn't seem like it now but long as they survive is the big question. Worth a shot to me at the absolute lows while it's curving. This looks like accumulation area to me, it could accumulate for a year but I think you will love the returns, buy when nobody else wants to!
Way back in ancient market history; 2020 and 2021, there was a great clamoring for the latest and greatest prospect of human technological achievement... Electric Vehicle companies! Billions of retail dollars were thrown in a frenzy into speculative bets about "the future of travel". Well, we come to today and investors are relatively quiet compared to the old...
NIO stock NYSE:NIO , another 2020-2021 EV stock darling that has fallen from grace, came down on March 15th, 2022 to test its IPO day high of 13.80. Price has since rebounded from this level showing signs of respect for it as support. This week that rally has pulled back to respect the 50% Retracement of the reaction. Resistance is clear at the 50% Retracement...
PLUG Power NASDAQ:PLUG is setting up a post-earnings Support level. As price pulls back from the earnings rise it is making new swing highs and has setup a 50% Retracement at 22.05. This could be an opportunity for a risk defined entry for a swing trade back to the highs or to establish a long term position for investment. Credit to one of my commenters on my...
Solar is one of the best sector right now. I'm willing to bet on NASDAQ:PPSI . Reason to buy: Low market cap - under $100m high institutional volume - +4795% few days ago Good for long term position trading entered below $8.00 earlier. Starting to accumulate right now. I will continue to buy more when it dip below $8. TP: $12+ good entry: $8 below
BYD Company Limited ($BYDDF) THE COMPANY: BYD Company Limited, together with its subsidiaries, primarily engages in the research, development, manufacture, and sale of automobiles and related products worldwide. It operates through three segments: Rechargeable Battery and Photovoltaic Products; Mobile Handset Components and Assembly Service; and Automobiles and...
NIO LONG wave 3 seems to be one the way in alliance with equilateral triangles also NIO wants to test the 100 dollar threshold not financial advice
Proterra is a fast growing EV bus business that should keep revenue increasing for many years.The company, while young, seems to already be having a real impact, and their business model is solid.What is attracting many investors is the enormous size of the target addressable markets. For Proterra Powered the TAM is ~225 billion, and for Proterra Energy it is...
NIO delivered 7,931 vehicles in July 2021, up 124.48% year-on-year, down 2% month-on-month. ● We estimate NIO's 2022 revenue to show the value of the stock. ● The methodology includes a car sales forecast and average selling prices. ● Our evaluation indicates that the stock is currently fairly priced. ● None of the currently acute regulatory risks apply to NIO. ...
NIO closing on top of the 20 day SMA, could fill 20% gap UP EMAs trying to punch thru the 20 day SMA and breakout Recently announced promising earnings and deliveries are up 125% year over year for July Tesla is also trying to breakout upwards, and can help boost $NIO as EV hype returns First sell at $50.50, Second at $52 or overbought RSI
Li Auto added more than 10,000 orders in June, a record high, the company previously said. Li Auto delivered 8,589 units of the Li ONE in July, the first time deliveries exceeded 8,000 units in a single month, up 251.3 percent year-over-year and 11.4 percent from June. Li Auto currently has only one model, the Li ONE, on sale, with total deliveries of 38,743...
The 1-year breakdown on the TSLA chart shows that the Fib levels remain consistent for the most part. This current level around the 382 fib line has been a decent support shelf over the last 12 months. It tested the 50 Fib a few weeks ago, which held as the retracement ended up bouncing back to where it's at right now. I'd like to see more volume, though. But...
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...
ADOM has been a fun stock to watch. It finally tested its lower support level a few weeks ago. Now it's approaching another pivot point on the chart that has been support and resistance. It will be interesting to see if we get another boost to EV stocks again before the end of the month. "On July 7th, Envirotech received a $400,000 purchase order from Joseph...
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.
SGBX has had a great run so far, can't argue with that. But now that volume is a bit lighter, is it building blocks for new highs or for a failure at resistance again? The .50 Fib line has been a relatively consistent area of resistance over the last few weeks. Meanwhile, .618 seems to be an area that SGBX has bounced from after a pullback. As it approaches the...
An EV maker specialises in SUVs and four-door sports sedan. Recently the stock is making a come back from the break down in Feb 2021. Since 13 May 2021, XPEV price bottom at $22.72 and has never look back. Currently it is attempting to break out of the range between $37 and $46. The last few days' volume were higher than regular, but price stayed above $40...