approaching a inverted head and shoulders should see a nice bounce
If the resistance is broken we can have a nice run to $17. A MACD crossover about to be happening. This is not an investment advice.
XL is a maker of hybrid and fully electric engines for trucks and cargo vans. The company sold over 4,000 units in 2020 and are projecting 9,200 this year. They do not however only sell hybrid/electric engines, they also recently got into the charging market. They announced a partnership with UBS arena (NY Islanders stadium) to deploy 1,000 charging stations in...
SPCE has been a very volatile stock but the line I drew it seems like it acts like a magnet. No matter how high the stock goes the magnet pulls it back . If you were thinking to make a play in this stock or add to your position, now it is the time. I don't have a future target price in mind but this is a good entry point IMO. Currently is way oversold! I am not a...
XL is poised for a breakout. Chart speaks for itself. I am long
We must be clear that when it comes to atoms, language can be used only as in poetry. -Niels Bohr
Last time this was oversold we went up 60%. Will it do the same this time? If it does will touch previous high of $24. I like the chart because we have coiled up inside a triangle consolidating so the move should be explosive to the previous highs. The consolidation inside the triangle also resembles as W for Winner so more chances for this to complete the letter...
IPOD is having a momentum. We don't even know who we are merging yet with but all Spacs are now a sure win if we wait patiently. Each time it corrected was oversold as you seen in the image. First time it corrected till the 20 day moving average, second time it corrected more so the move back up will be more. It formed a clear support and has rebound. If it...