SPI: Sell ideaOn SPI we have a sell idea as you see on the chart because we have the breakout of vwap and support line.Thanks!
SPI trade ideas
SPI | A Risky Oversold Company | BounceSPI Energy Co., Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. It also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers, including government-owned utility companies. In addition, the company designs and develops EV charging solutions. As of March 30, 2022, it owned and operated 16.8 megawatts of solar projects. The company is headquartered in Sacramento, California.
SPI run up within coming week?I am looking to take a trade on this one on Monday morning if the volume and activity of the day looks promising pre-market. Looking to make an entry at $4 and will scale back positions as it goes.
I see some heavy resistance around the 4.39 zone but believe we can see a good climb up from there if we can break and close above it.
Personal thoughts on this stock and not financial advice
SPI Energy Co. Ltd. engages in the provision of photovoltaic (PV) solutions for commercial, residential, government and utility customers and investors. It also focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The company was founded on January 4, 2016 and is headquartered in Shanghai, China.
SPISpi Energy Co Ltd (NASDAQ:SPI) The EV sector is too HOT to ignore this small EV maker. The company reported solid numbers last week, the revenue increased to $79.4 million, up 41% over the $56.4 million generated in the first half of 2020 and the gross profit increased to $7.4 million, up 134% over gross profit of $3.1 million in the first half of 2020. The trend has been established for the stock and it is pointing up. I think we could see $6.5-$7 come quickly, and $8.6 come after that. For anyone who trades small caps, unexpected volume is a great indicator of things to come (LA Show next week). The Company will begin accepting reservations to book orders for EF1-T and EF1-V solar-electric vehicles during the Los Angeles Convention Center. Honestly, I think now is the time to step in and ride what will be an impressive and deliberate rebound in share price. At $5.3 this looks a lot like RIVN and it has the potential to pull a similar move bc it seems way undervalued. On watch.
SPI Energy Co Ltd (SPI)It’s never too soon to start thinking about your financial future. We work with our clients to help them better understand what options are available, and advise them on the best investment decisions to make. Together we’ll set, achieve, and exceed all of your financial goals.
SPIReally weird gap up today given its complete drain over the past few days from the last gap up. Not really sure what to think here, I’d like to call this a breakout but not a fan of when stocks gap through the breakout area. That being said, if it does hold, I could see this having enough shorts trapped from a few days ago to run all day today. And if that is the case I will be looking to play some sympathy movers
SPI long PI Energy Co., Ltd. provides photovoltaic solutions for business, residential, government, and utility customers and investors. It offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. The company also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers. As of June 29, 2020, it owned and operated 16.8 megawatts of solar projects. In addition, the company, through its wholly owned subsidiary, EdisonFuture, Inc., designs and develops electric vehicles and EV charging solutions. It operates in Greece, the United States, Italy, Japan, the United Kingdom, Australia, and Germany. SPI Energy Co., Ltd. is headquartered in Shatin, Hong Kong.
SPI looking good short termnVolume is building and the trend is looking good for SPI in the near term
my opinion only, not advice
stg
looks interesting, SPI Energy Co. Ltd. engages in the provision of photovoltaic (PV) solutions for commercial, residential, government and utility customers and investors. It also focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The company was founded on January 4, 2016 and is headquartered in Shanghai, China.
Please note: I'm just sharing my view. its not a recommendation for buying or selling.
$SPI showing BULLISH divergenceBullish divergence on SPI. Opened a small position friday for a swing trade. Possibility of a massive megaphone pattern and SPI is currently sitting on major support @ the bottom of possible megaphone... upside could be dumb on news, sector strength, and market confidence and strength. SPY gonna need a pull back soon, but i could see a bit more upside next week, especially with stimulus talk positivity, and further FED backing and more buying of bonds and debt... GOOD for the market, BAD for the dollar.... but I do like SPI for a lil move to the upside near term.
#stocksNoptions
SPIMID-TERM: Bounce off major support with hidden bullish divergence on the 4hr and daily. (Not financial advice)
Till the music stops......let's carry on party!Who wants to buy Apple when this fabulous stock can generate more than 1000% returns in a few short hours , huh ?
If you are the lucky ones, who speculate and got in early and got out at the peak. You are good, honestly coz this requires precision. My heart is too weak to take this kind of stress......
Typically, this kind of conversation goes on in speculative stocks like this......see chart....
From 1800 to below 1 dollar.....in a few short years at the risk of being delisted from Nasdaq......and it receives international media coverage yesterday when it shoots up the moon, delivering stratospheric returns for some lucky punters.......
Are you one of them?
IF you have neither the time, money NOR skills, leave this to the speculators......No need to envy nor feel sad that you missed out this trade. What's important is not to lose your capital , however small it may be.
Be patient and when the market recovers, there will be ample opportunities....
Seriously, be patient . Go read a book, exercise, play with your dog or bunny, pick up a new hobby, cook up a dish, anything.
Not trading when it is not right to do so also requires discipline.
Squeeze incomingI heard this company's nothing but a bunch of hype, but it looks like it wants a pop out of this flag. idk.
SPI Launches New Electric Vehicle Company Subsidiary- BUY LOWSPI Energy Launches New Electric Vehicle Company Subsidiary
-launch of EdisonFuture, Inc., a wholly owned subsidiary of SPI Energy, to design and develop electric vehicles ("EV") and EV charging solutions.
- Tesla has demonstrated, an end-to-end business model in the renewable energy space can generate significant value.
- EdisonFuture is based at Silicon Valley in Santa Clara, California and complements the Company's current suite of PV solutions, including solar and battery storage technologies.
- EdisonFuture will focus on the design and development of new EV technologies and plans to partner with major manufacturers, as necessary.
- Sales of EVs topped 2.1 million globally in 2019, surpassing record sales in 2018. EVs, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase.
- The infrastructure for EV charging grew to 7.3 million chargers globally in 2019. Publicly accessible chargers accounted for 12% of global light-duty vehicle chargers in 2019, most of which are slow chargers. Globally, the number of publicly accessible chargers (slow and fast) increased by 60% in 2019 compared with the previous year, higher than the electric light-duty vehicle stock growth.
not much lines we can draw here :straded it 4.8-30+ live, looking for a entry again now that its back down here
SPI sees its 50-d moving average cross bullishly above its 200-dThe 50-day Moving Average for SPI moved above the 200-day moving average on August 31, 2020. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend. Current price $14.00 is above $1.85 the highest resistance line found by Tickeron A.I. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +929% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +1067% Uptrend growth.
Current price $14.00 is above $1.85 the highest resistance line found by Tickeron A.I. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +929% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +1067% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Indicator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on September 15, 2020. You may want to consider a long position or call options on SPI as a result. Tickeron A.I. detected that in 48 of 55 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 87%.
The Moving Average Convergence Divergence (MACD) for SPI just turned positive on September 16, 2020. Looking at past instances where SPI's MACD turned positive, the stock continued to rise Tickeron A.I. shows that in 22 of 26 cases over the following month. The odds of a continued upward trend are 85%.
SPI moved above its 50-day Moving Average on September 23, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for SPI crossed bullishly above the 50-day moving average on September 23, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 5 of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 71%.
Following a +19.80% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPI advanced for three days, in 94 of 106 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple declined for three days, the price rose further Tickeron A.I. shows that in 50 of 62 cases within the following month. The odds of a continued downward trend are 89%.
SPI broke above its upper Bollinger Band on September 23, 2020. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for SPI entered a downward trend on September 16, 2020. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
