


ajctrades
On my previous post on NIO I had mentioned that I am unsure as to where price would be headed to and I mentioned a few possible outcomes. At the current price point it is still very difficult to predict where price will be but I am anticipating for price to move toward my long imbalance area before making a newer high. It could be possible that we could see a...
In my previous post I mentioned that a pullback was soon to happen. We saw price shoot higher in anticipation for delivery numbers. Now that the pullback has happened I think there will be two possible outcomes. If the price rises but does not make a new high, I consider that a break of structure and I would be looking for a short position. However, if price...
i honestly just wanted to be the first to post on this stock i do have shares in it though i am very bullish on this ipo
It is likely to see a pullback on NIO before potentially making another higher high. If price breaks my resistance line we can expect to see price continue further. However, as seen in the previous days, after every run up there has been a pullback before making a higher high, marked by my "imbalance" areas. A short term short position can be profitable, though I...
Seeing that we have lots of buying pressure as we near the date of the CCIV / LCID merge, I have new price targets of $30 before taking off further to $37. My previous take profit has been met since my last analysis and is why I am updating my PT's. The last post about CCIV / LCID explains why I am very bullish on this stock.
With the new Ford EV's coming around I expect to see more bulls in this stock. I have a buy limit order set at $14.50. On the chart, I marked a few key areas of interest where I would be taking profit/re-evaluating my analysis. I might lower my buy order to a lower price to reduce some risk.
It is possible that CCIV may see a slight pullback before dropping lower to collect the liquidity that lies in at around the $20-$21 area before taking off to $30+
On the 1 hr chart I see a bull pennant forming in which it has a support at around 13.50 and I think is a fair price to enter. I might put a limit order at 13.50 with it breaking through in the next few days. If the strategy comes out correct, I have price targets for 18 and 20.