We've been following Ehang since before its IPO. Back in 2016 it became the world's first AAV capable of carrying passengers. Still a long way to go, but on May 27, 2020, EHang obtained the world's first commercial pilot operation approval from the Civil Aviation Administration of China (“CAAC”) to use its EHang 216 passenger-grade AAVs for air logistics purpose. The EHang 216 received a special flight operations certificate (SFOC) from Transport Canada Civil Aviation (TCCA) for test flights in Québec, Canada. One of the things we love about this company is one of its founders Huazhi Hu who has the obsessive passion/determination in his company.
TA:
We're really planning for a long term hold here so not much TA to it. We bought around $10.98 and planning on holding long term. Currently up +240% return. Overbought signals at the moment and could see a pull back soon as we try and find support but we're still sitting at a relatively small market cap of $2 billion.
Shoot us a like and follow and we'll be back with some updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
TA:
We're really planning for a long term hold here so not much TA to it. We bought around $10.98 and planning on holding long term. Currently up +240% return. Overbought signals at the moment and could see a pull back soon as we try and find support but we're still sitting at a relatively small market cap of $2 billion.
Shoot us a like and follow and we'll be back with some updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.