ACTC Current Price 19.01 Price Target $24 Ticker change to come Tuesday from merger with Proterra New ticker will be PTRA. The ticker change should help bring some attention and hopefully volume to this stock.Still love the EV sector as a great long term hold. All EV stocks could rally off of lawmakers in the US coming to an agreement on an infrastructure deal. I...
ArcLight Clean Transition Corp. - $ACTC $20c 6/18 ($75,9% till breakeven) or $12.5c 10/19 ($640,-0.5% till breakeven) Current Price $18.96 Price Target $ 23.50 With the purchase of Proterra being voted on June 11th I expect ACTC to move higher as ACTC confirms a breakout into a new trading range. Given ACTC is a decently shorted stock (18% of float, 4.8 days to...
ACTC Current Price $18.15 Price Target $23.50 I'm waiting for ACTC to confirm breakout by printing another 4 hour candle above the $18 resistance line. If that happens next week that will set up ACTC for a huge week as the vote for the SPAC to buy Proterra Is this week. Once the purchase is confirmed I expect ACTC to run. Love when the technicians line up with...
ArcLight (ACTC) is bringing Proterra to market at a reasonable valuation. Proterra is a best in class commercial electric vehicle company with a solid offering, organization, and plan making it much more than an EV bus company. Since its founding in 2004 and first bus delivery in 2009 Proterra has sold more than 1,000 EV buses in North America, the largest in...
ArcLight Clean Transition Corp is a blank check company. If you want not to miss ideas like this one,🎯 subscribe and press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
Proterra is a force to be reckoned with, as the Biden administration recently came out with a statement regarding the necessity of transforming traditional ICE buses with new, fully electric fleets. "Biden has proposed spending $20 Billion to electrify at least 20% of school buses and $25 Billion to electrify some transit vehicles as part of his $2.3 Trillion...
I've corrected my last idea ( ) on the formation of the Bullish pennant and the date of my PT. MACD and RSI on the 3-month are still looking very tasty. As I described in my last $ACTC post, Proterra has a strong presence in the EV space- owning 50% of the North American market share within EV bus sales. Short interest has also DOUBLED in a two-week timeframe....
This SPAC invests in Proterra, an electric bus manufacturer where the ex-Tesla Battery Engineering Manager is now the Chief Technology Officer of Proterra. >60% forecast CAGR (compound annual growth rate). Did I say Electric and Batteries??!!! Beautiful stock to own for the years to come. Nice flattening out of the MACD Coming to the pointy end of a wedge...
Proterra NASDAQ:ACTC designs and manufactures electric transit buses and electric charging systems. I am not going to do a big write-up on Proterra, this play for me would be a shorter term swing/breakout play. The company looks solid, their customer base is quite impressive and spans across North America. They are a very diverse company and have established a...
This is one of my favorite plays currently. $ACTC has been confirming price action precisely, with a pennant clearly forming and executing on the one-month perfectly. RSI and MACD indicators are on the verge of reversing to the upside after consolidating for a month straight, another very bullish sign. Proterra is a great investment long-term, for a variety of...
We are queuing to buy the following NIO 56.5 HUT 5 PLTR 26.472 IPOE 23 ACTC 24.50 CCIV 33 Queuing to sell the following DB 10.49 SNDL 1.21 ABEO 2.66 APA 17 OSTK 95 RIOT 25.85