Electric Vehicles and Energy should get a nice boost this week, With Biden announcing to accelerate transitions to EV's and creating more charging stations, this could be the news that helps SBE pick up and build some momentum. Watching for breakout of 36.20 and retest to ATH at 44.36. Merger with Chargepoint is expected to be soon as well!
SBE getting ready for another leg up, bullish with EV hype. Watching for a breakout of this pennant, seeing a move back to ath and possible new ath coming. Key levels to watch Resistance: 39.74, 42.32 Support: 34.10, 30.86, 27.76
Looking for a continuation into earnings. I am expecting PLUG to beat earnings and that be a catalyst for new ATH
My first chart published. Very new to this, any insight of advice/feedback would be appreciated. Thanks.
WATT has Intellectual Property for high growth, sales and issue is cash flow and time to profitability, as well competitive players which a couple exist. Watch for weekly candles, MACD cross (blue over orange), and CCI crossing 0. Volume would also be a good signal on this one for cash flow.
We are watching for a good entry point on Energous with the expectation that price will jump to the green range by JAN 5, when WATT will demo wireless power rx/tx in consumer products. Successful product shipment is already being priced in as the chart follows the green range into DEC. We will look to add to our position if price falls into lower blue range in DEC.
Many feel the market has been heavily suppressed over the past few months, and whilst I would agree, I think it is time for the bull to regain power. If only for a short while. We have many bullish divergences building on the higher time frames now. MACD divergences on the 3-day and 1-day, along with clear RSI divergences too. This would give us a lovely pop in...