Hello Traders,
We saw massive hype on EV sector and finally its cooling off not with every company but I think daily traders and short term investors did get out in profits or became bag holders .
My idea here is that hype will come back and getting some shares with these prices its safe investment , Its not a trading idea ( but you know what they say BUY low sell HIGH ). In my opinion next wave will be bigger some people will sell and some will add more . Therefor I don't have target on this play and I know that I will probably will not catch the bottom or sell the top, But I'm starting accumulation here with small size portions and longer time frame scenario.
Taking in to consideration current over all market scenario it could be rocky and unpredictable (As always) but in same time companies like this have a good longer time opportunities to grow in my opinion ,
Share your opinion .
See you next time,
We saw massive hype on EV sector and finally its cooling off not with every company but I think daily traders and short term investors did get out in profits or became bag holders .
My idea here is that hype will come back and getting some shares with these prices its safe investment , Its not a trading idea ( but you know what they say BUY low sell HIGH ). In my opinion next wave will be bigger some people will sell and some will add more . Therefor I don't have target on this play and I know that I will probably will not catch the bottom or sell the top, But I'm starting accumulation here with small size portions and longer time frame scenario.
Taking in to consideration current over all market scenario it could be rocky and unpredictable (As always) but in same time companies like this have a good longer time opportunities to grow in my opinion ,
Share your opinion .
See you next time,
Comment:
Locking some profits @ 5.55
Comment:
Locking another 1/4 @ 9.55 1/4 left putting SL at brake even .
