SOLO
My prediction on $SOLO for the upcoming moveI believe that $SOLO gave good signs for an up movement. this chart is for learning purposes to track my work. Please take your finance advice from an expert guy.
EV's - SOLOThere's been some buzz around EV's lately, thinking they gain some traction soon. I took a swing trade position in SOLO earlier this year and got caught on the move down, Sold it now looking to rebuild position and retry this one. Accumulating shares in here.
ADDED to $SOLO NEW Target 8.06 for 51.22% $SOLO Target 8.06 for 51.22%
Or next add at 2.97
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels…
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$SOLO Target 8.58 for 46.67% $SOLO Target 8.58 for 46.67%
Or next add level is at 3.12
Nice to see everything waking up a little bit... Same deal... sell target and next add in place... GL
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
The worst has yet to come for the EV Mania..! Have you ever asked yourself how much these small companies other than Tesla would compete with big names which showed up with their fully electric cars in the 2021 Auto shanghai show??? Especially Toyota bz4X and Volkswagen?
Some may think after a 60-90% price crash there is nothing left for more correction, but I believe many companies will file for bankruptcy in less than the next 5 years! So it is better to Forget the return to time highs and take what is left. Even Tesla will experience a huge correction.
Tesla's market cap (660B) could not be more than Toyota's(210B), time will prove it..!
Keep in mind a bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation is followed by a quick decrease in value or a contraction, which is sometimes referred to as a "crash" or a "bubble burst."
Educational article:
Bubble:
www.investopedia.com
ADDED $SOLO Target 9.47 for 40.50% $SOLO Target 9.47 for 40.50%
Or next add level is at 4.01
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
SOLO bullish . three wheel company available for $3 soon ?I like how the moving averages suggest bullish momentum out of this hot mess. i'm bullish cause i know they're using the 3 wheeler to gain market exposure to customers. they have other cars in line.
.2 red
.3 orange
.5 fibonacci is yellow.
.6 pinkish
.7 purple
Moving Averages 18, 52, 65.
EV enthusiast investors please do not get too excited!As you see in the charts, in the past 3 months, most EV makers lost between 40-70% of their value..!
This is completely an example of a Crash..!
keep in mind that they were the best-performed stocks since late 2018.
I believe this is not the end of the bearish move for these stocks, because they were so overvalued that can experience another 50% decrease in the longterm(next 2-3 years)..!
Even their mam Cathie gave up and decided to try her social media trading pump and dump plan this time in the Space.
please read the related links to see how many times I wrote on this..!
Only time shows the caliber of an analyst ad his analysis..!On February 18th, 2021, I publish analysis about the Market front runner industry (EV makers), seems exhausted ..!
After 5 weeks, it is time to review it 100% accuracy in 10 symbols is not speculation..! It is science and trading base on evidence..!
they are way above their value and in the coming months, you will see how far they could go down..! I will review it in the future..!
SOLO stock Breaking the falling wedge/ Long term investment with the EV development and hype
Target purple line
$SOLO Target 9.83 for 38.45% $SOLO Target 9.83 for 38.45%
Follow me at your own risk. I hit my targets very often (almost always) but I am not responsible for your trading. GL
Long | SOLO | Swing TradeNASDAQ:SOLO
Possible Scenario: LONG
Evidence: Price Action,
TP1 ~8.80$ , TP2 ~9.73$
It has a minor resistance around 7.45$, so buy opportunity is between 7.45$ and current price.
This is my idea and could be wrong 100%
Market front runner industry (EV makers)seems exhausted ..!Without any doubt EV makers and their investors were the winners of market since March 20th, 2020.
But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed.
IMO: Future belongs to clean energy companies, but in short-mid term we will experience a correction at least in the ticker symbols with +1000-2000% gains.
Since most new traders and investors get involved in EV rush in the past year, there is a strong feeling of market crash..!
We shouldn’t forget price corrections between 30-50% is quite common among the front runner EV makers, it happened before, so there is a high chance of reoccurrence!
Please take your time and review my previous analysis on WORKHORSE, TESLA, NIO,...
Moshkelgosha
SOLO Falling Wedge Setup (Short-Term)SOLO looks like a great setup as long as we can break through 8.2 then we can see short term upside to 8.75 then 9.22. It could see 10 as well! I'm entering calls 1 month out. Going to add dips from 7.8 to 7.5 (full position)
SOLO Breakout Imminent SOLO has been holding this support level and been following this sideways breakout trend the past couple of weeks. With RSI curling and momentum + volume coming back again into this consolidation, I really like this play. There was great news that came out recently, with PR saying they now have ties to 7 different countries & Invesco stating they have roughly 8% ownership - great dip buy!
FUBO ReversalFUBO looks ready to reverse! SMI and RSI both curling back up, 5 DAILY candlestick sitting on the 20EMA, and earnings on 3/2. After doing some DD, we see a lot of news with regards to PT upgrades to Buys, expected sales of $97.2 million, and with revenues growing by over 71% in just this last quarter, I'm bullish after this healthy dip. Looking to take some monthlies for a move out of this triangle.
SOLO (MID TERM)HBD developing on the 4hr along with possible HBD on the daily, at the bottom of a ascending wedge. I'm aware that's a bearish pattern but it still has a lot of room to develop so could just keep bouncing in the mean time , easy R/R if it does break out to the bottom of the wedge. Target is the top of the channel so PT could keep changing along with your stop loss!!!!
SOLO - Trending upwardAdded to my SOLO position today. Looks like its trending upward in a new channel. Gaining volume & RSI reversal
SOLO - stock - Longterm 100% or Short term Option Play?SOLO - stock - Longterm 100% or Short term Option Play? Fib bounce Trend line bounce? Bullish? Will the options win or will patience rule with long term ownership? Not financial Advice. Just observation and speculation.