EV sector continues to show behind the scenes buying from HFs/tutes (look at unusualwhales.com and sort by date of 13F filing). in a previous post, i shared this idea and thought that the accumulation was happening without this downward move into a spring happening. clearly i was incorrect, as we saw very strange -4% days all in a row--which appears very...
Biden's signing of the Electric Vehicle executive order may be a tailwind for HYLN (Hyliion), the Texas-based company producing EV motors and retrofitting hybrid systems for long-haul trucking fleets. Add to that the proposed I-14 expansion between Texas and Georgia and the electric vehicle charging stations included in the current Infrastructure Bill going...
final charted thesis with considerable help from Wyckoff specialist @WyckoffOnCrypto
I have been trying to identify and study the Wyckoff patterns ever since the pattern became recognized in the recent bitcoin distribution and accumulation phases. i believe i see accumulation in $ARCT, which is a biotech with mRNA vaccines and treatments. The stock is lower float, heavily shorted, and with current issues surrounding Covid-19, a potential runner....
super bullish, breakout, need to retest probably at least once more above ATH, then run into price discovery. targets achieved re: ATH breaks, now will probably run alongside BTC
another triangle pattern in a bull flag, could break either way but i see it moving to the upside
looks like a pretty solid bull flag triangle pattern. looking for a break to the upside. fib levels show a lot of room to run, especially toward previous ATH, which have been broken already by BTC and followed by ETH. LTC should be next to test. nice cup and handle forming.