SOLO
GOEV vs WKHSI believe a simple comparison between Canoo and Workhorse prototype will clearly show you how undervalued Canoo is.
Canoo marketcap : 611million
Workhorse: 4.3 billion
I believe in the coming months Canoo will be the superstar of EV makers in the stock market ..!
SOLO Possible breakoutNASDAQ:SOLO
Hope it closes green tomorrow, then expect breakout from triangle.
ELECTRAMECCANICA (SOLO) - 100MA + Falling Wedge Pattern+ Falling Wedge Pattern
+ 1HR 100MA Support
+ Good Risk/Reward at current price
- Volatile stock (high risk)
+ Plan your trade, trade your plan.
My recommended portfolio for the next trading week,25-29 Jan 20First of all, I thanks all those who supported me in last week,specially Muhannadmawed, gv1990, TradingView,and John71505.
1-ADTX @ 3.60
2-AKRO @ 31.06
3-AMC @ 3.51
4-AMD @ 92.79
5-BYND @ 140.70
6-CFMS @ 1.40
7- CRM @ 225.77
8-EYES @ 1.94
9- FUBO @ 37.72
10- GNUS @ 1.57
11- JE @ 6.85
12- KIRK @ 28.07
13- KODK @ 9.46
14- LYL @ 2.71
15- MTC @ 2.44
16- NIO @ 61.95
17- OPTT@ 5.60
18- PAYS@ 5
19-PLTR @32.58
20- SOLO@ 8.16
21-SPCE @ 34.58
22-SYN @ 0.9116
23- THMO @ 2.65
24- TSLA @ 846.64
25- WKHS @ 23.51
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds of success for yourself..!
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Wish you a profitable trading week
Moshkelgosha
$SOLO - lots of indicators signaling it my finally break outLet's see...If it can clear $8.70 I think it has little resistance on Volume profile. I am seeing a bit of a cup and handle. Anyone else see that? And it just bounced off volume shelf. Would be nice to see it finally break out to the $10-12 range. I sold 1/2 at $8.90, still holding for a bigger move up. Let's see what happens in the next few trading sessions.
CBAT Long IdeaCBAT is currently getting ready to break out of this bullish wedge pattern. This is the same pattern that I mentioned with PLTR and look how well that turned out. Stay in this one, or grab a position here before lift off.
Swing trade developing neckine breakTight stops as always right below the nekcline break that became support.
SOLO looks good here. Next leg higher in playLong from 7.4. This could move significantly higher than 9.4 (Target 1) if highs are broken.
Price is at prime reversal spot on the monthly chart:
A clearer signal is a close above 7.7
Stock to watch: Electrameccanica Vehicles Corp (NASDAQ: SOLO)NASDAQ:SOLO
The asset has been in 40+ days of consolidation in the range. And as it is in an uptrend (also for MACD Crossover indicator ) I'm expecting a decent breakout.
The buy zone is between 0 and 0,236 Fib
Targets: up to 2 Fib (or even further)
Invalidation: closing below November's gap.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
$SOLO - Weekly Chart - Still HoldingSimilar to $FUV. Zoom out to weekly for nice wedge. Patiently holding.
SOLO go longSOLO should finally be a buy at the open. As long as it doesnt get away with quick double digit gains. The 8 should cross the 13 at the open, it looks up about 6% premarket. The MACD is almost above the zero line.
SOLO- Descending Triangle Pattern- Breakout Imminent SOLO forming a very strong descending triangle with imminent breakout. Overall trend is bullish, market is bullish, electric vehicle market is especially bullish. Very strong potential.
Bullish $SOLOAnother EV stock.. A lot smaller and younger than $TSLA.
Bullish flag, waiting for volume increase on daily chart or moving average crossover for entry to buy stock. Possible buy and hold due to current market's sentiment on EV stocks.
While waiting... Short put vertical 6/5 for 01/15 expiry.
GP Long IdeaBuying GP here, the EV market is just making crazy gains. This one looks ready to go. Price above the supporting moving averages.
Went long $FUV this morning off bounce at 20MAThis played out nicely. Now looking to break out of wedge. First target $15.
FYI: Also went long $SOLO for same reason. Nice gains today, though not as big as this.
