3rd Time's A Charm For SOLO? NIO Upgrade SympathyLast time we saw SOLO push this hard to the upside was during the first big run in the summer. No news today, obvious speculation on when they'll announce the final facility location. But they have planned that for November based on the last PR. Anyway, great momo today on sympathy from NIO's big upgrade and $40 price target. I also don't see many other EV penny stocks aside from SOLO and maybe AYRO that have some beefiness to them. The few remaining are relatively baseless and just have an idea in my opinion. We'll have to see if this $3.20 resistance continues acting as such. Also worth noting that the current 50 DMA sits at $3.16, another potential point of focus.
"While it’s still early in the game, SOLO stock has built a cult-like following over the last few months. Shares were trading around $1.36 when we first began covering the company in June. Seeing how far it’s come shows the high expectations of the market right now in my opinion. It’s also worth mentioning that SOLO stock also traded as high as $6 during the early stages of this bull run in 2020."
Original Quote Source: Looking For Hot Auto & EV Penny Stocks To Buy Today? 3 To Know
SOLO
SOLO - Electrameccanica Vehicles Corp Stock AnalysisBased on Technical Analysis, the idea is to hold.
If the resistance level of 3.2 USD will be broken the idea is to go long, vice versa if the resistance will not be broken the idea is to go short.
Which way will it break?Support line at around 2.57 and small wedge forming. Will it break support line and go bear down or will it break wedge and turn bullish
ElectraMeccanica Stock Analysis - SOLOThe idea is to wait the end of a possible price retracement before going long
PUMPS brought to you by the Number 2Found some patterns that repeat using this new indicator. The pattern is usually some random number on top (the numerator) with 2's on the bottom (denominator). Following this series of 2's is usually a big huge rally.
This pattern can be found on every time frame.
Here are more charts with the number 2.
SOLO - ElectraMeccanica Stock AnalysisThe idea, based on technical and Fundamental analysis is to go long (perhaps wait the end of a possible price retracement)
NASDAQ:SOLO
Fundamental News
ElectraMeccanica Partners with Gateway to Lead Expanded Investor Relations Program
SOLO, Fibs, Where Do We Go?The SOLO IR news, imo didn't have much to do with this. There's already a following and unless they were looking for true institutional investors, the retail momo is definitely alive and well. They just raised $20 mil so is there dilution risk? maybe. But after the drop did the market price in some things? Good question. I think the EV juices are flowing thanks to NKLA and the potential IPO of Lucid.. not to be confused with This (former) Lucid . Gonna come down to execution now.
"The company announced that it narrowed its list to for its new U.S. home to Arizona, Colorado, Florida, North Carolina, and Tennessee. Following this, ElectraMeccanica announced the accelerated expansion of its retail footprint for its flagship SOLO EV with new locations planned for Arizona and Oregon. It’s also worth mentioning that the company was also able to raise some $20 million to help efforts."
Quote Source & Info: Can You Make Money With Penny Stocks? 3 Up Big In June
EURGBP : estas idea no encontraras ni en iml ni en kuvera metodo market maker con accion al diler ,mas metodo iluminati
Powell Gives The Hint, Perfect Overbought Signals LONG TVIXIt doesn't get any better then this folks. Don't have time to elaborate.
$SOLO bullish penantExpect some big moves on $SOLO soon. A Bullish pennant is forming on the 15min chart. A decisive break above $4.50 will open the gates to low the $7s. A break below $4 would bring it back down to possibly $2's.
$SOLO - Will HISTORY repeat itself?!? Only TIME will tell...$SOLO - Will HISTORY repeat itself?!? Only TIME will tell...
(Short)Textbook Pump. Will UpdateShorting through $5.00. If you account for all the options and warrants, this company would have a market cap of
net identifiable assets of $500k (rounded)
Net tangible book value of $16 million (rounded)
Fully Dilated float of 57 million, which results in the company being worth 1/2 billion
Wanted to post this at $5.00. they were providing bid support to try to attract institutions, but I don't think that is going to work. It already broke through
3 Drive harmonic AUDUSD Short at 127.2 (.76483)127.2 extension from drive 1 to Correction A. Second Drive and Point B may also reach the 127.2 extension zone. Looking to short this back down to .75352-.75166
