Tesla appears to have reached a support level around $200, having previously reached annual highs near $400. The prevailing upward trend is likely to persist, considering Tesla's oversold condition and indications of market exhaustion on the downside. Moreover, given the recent surge in AI stocks, it's highly probable that Tesla will achieve the $400 target, a...
Bullish divergence on the annual time frame, that spans across a 2 year period. Stochastic indicating the market is over sold on the annual time frame and that bulls are re entering the market. RSI indicating market exhaustion to the downside and bulls returning to the market, LYFT market dominance in the self driving/ ride sharing app is growing. Also with...
Cepton ( NASDAQ:CPTN ) has been quiet for a few quarters now. Earnings are coming up on May 9th and revenue is expected to increase each quarter to 2024. According to TradingView's Forecast, 3 out of 5 indicate CPTN is a strong buy. The expected revenue growth through Q4 2023 is expected to grow almost 4x from where we are now. What is great, is no one is talking...
Hear me out here... Lyft is actually a more "green" company than Uber, aside from the fact that its brand is also a lot healthier in terms of corporate stewardship/driver care. Uber is simply trying to replace drivers with robots, and in the long-term, that strategy is not going to do well in the face of competition from companies such as Google &...
Take a look at its 720% surge since 2016. Now I know you might be thinking: Stephen, this stock has already had a heck of a run… why buy it now? I understand the concern. But when investing in truly disruptive companies , this way of thinking is often a mistake. From 2009–2013, Amazon (AMZN) stock gained 680%. Most so-called “experts” said the easy money had...
There are more details out on Apple's (NASDAQ:AAPL) self-driving car program. Included in documents released by the California Department of Motor Vehicles to Reuters are training plans for "operators" to take back control of a self-driving car and signs of an Apple development platform that can "capture and store relevant data" before a collision...