$REE - 126M in cash, 52M marketcap, no debt - TRIPLE BOTTOM BOOMREE Automotive has been in a downtrend for a while. VERY LOW RSI. Initial vehicles produced and certified by EOY. Massive market with a revolutionary technology. Low total cost of ownership and expected EBITDA positive by 2025. NASDAQ:TSLA , NYSE:F , $GM. This is my own opinion, and you should not take this as financial advice. Own your own trades.
Evtruck
RIDE this RIDE?I know very little about this company. What I do like is the price action and pattern I am seeing. I have seen this giant broadening pattern many times over the last few years and they are extremely powerful. However, they are not easy to trade. The descending nature of the lower trendline make it difficult to catch a bottom. What I prefer to do is use patience and nibble at the extreme drops and think BIG PICTURE. Personally, I am nibbling on this one now and will treat it as a speculative but longer term swing trade perhaps with CALL OPTIONS out for 2023.
Making garbage trucks quiet so we can sleep! $XLXL Fleet will be collaborating to make electric garbage trucks for Waste Management, Inc.
- if they can secure exclusive rights, it'll create such a moat that other competitors won't be able to compete.
- great unique selling proposition.
Technicals:
- BUY signal with 8 confirmations (modified golden cross, volume, FIBO retracement).
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.