Lovely looking monthly chart here on this recent electric charging ipo on the nasdaq. The three monthly candles of Jan, Feb and March show a very nice bullish pattern. Biden ramped the hell out of this one, when the management met him and he talked about it in his press conference right up to $20 in one day before profit takers stepped in. Nice one to buy at 8.8,...
Tesla (TSLA) has been trading within a long-term Channel Down pattern since the November 04 2021 All Time High (ATH). Since then we've had two clear Lower Highs (top of Channel) and three Lower Lows (bottom) with the most recent one being on November 09. That alone can call for a new medium-term rebound within the pattern, but the strongest buy indicator at the...
The next day after its earnings release for Q3 2022, shares of Tesla fell 6.65% by the closing bell. This move came despite record-breaking revenue being reported by the company, but one, which missed analysts' estimates. The company's report stated that the operating margin reached 17.2% and free cash flow exceeded 8.9 bn. U.S. dollars for the past 12 months....
Tesla (TSLA) confirmed the Bull Flag from our last analysis one month ago and broke out of it while holding twice the Higher Lows trend-line from the June 16 Low: The last touch was three days ago and naturally that is giving the stock a short-term (at least) boost. The price completed the 1D MA50/ MA100 Bullish Cross last month but now is ahead of the...
Over the past few years, not many companies have seen the hype that Tesla has when it comes to its stock performance. Starting at $1.10 in 2010 and pushing up to the range of $1200 near a decade later (before the stock split), early investors have enjoyed monumentally unfettered growth in profits. A side-effect of this historical growth has been undeniable...
Tesla (TSLA) is trading within a Channel Down ever since the August 04 High, which following the rally since June 16, whose Higher Lows trend-line is intact, can be viewed as a technical Bull Flag formation. This pattern is common after strong rallies and Tesla's has been more than +50% within a 3 month span, with profit taking on the medium-term coming as a...
$15 before end of 2023. Compared To competitors in the same field daimler has been making trucks since 1896, they have been producing and manufacturing trucks while competitors like NASDAQ:TSLA , NASDAQ:PLUG , NYSE:HYLN and NASDAQ:NKLA don't come close to the years of experience OTC:DTRUY has. Smarter And Safe Trucks Daimler will not only be creating...
$AYRO broke the resistance level at $1.10 It could run all the way to the next resistance level at $1.6 in the coming days
Sociedad Quimica y Minera is a Chilean fertilizer company reinventing itself as a lithium provider. Today we’re looking at some potentially bullish patterns as it squeezes back toward triple digits. First are the pair of strong earnings reports on March 2 and May 19. The initial headline lifted SQM above its previous all-time high from July 2011. The second one...
New EV IPO (from June this year) and very low float (only 2mil) Seems like $PEV found a bottom support at 2.5-2.6 after a straight decline 70% from the IPO price.. It has to break the $3 resistance to run..
Our last analysis on Tesla (TSLA) was exactly 1 month ago, where we stated the importance of breaking above the Lower Highs trend-line in order to initiate a rally: As you see, the Double Bottom accurately signaled the end of the correction and the break above the Lower Highs, the start of a new rally. The rally is technically the sequence to a new Lower High...
Li Auto Inc. ( NASDAQ:LI ) Sector: Consumer Durables (Motor Vehicles) Market Capitalization: $37.118B Current Price: $38.45 Breakout price: $39.00 Buy Zone (Top/Bottom Range): $38.10-$36.15 Price Target: $40.50-$41.40 (1st), $47.30-$48.50 (2nd) Estimated Duration to Target: 13-15d (1st), 54-58d (2nd) Contract of Interest: $LI 8/19/22 40c, $LI 9/16/22 40c Trade...
Hey, here I share an idea. NIO is a Chinese EV's company. I don't have some strong arguments to compare these two, but I believe we can see a reflect of the risk's markets on their structure. That said, I believe that BTC did find a bottom on 30k and could test higher, between 46k and 50k. I would long this with no leverage, just in case it does test 20k...
$TSLA TESLA I wouldn't ignore this bearish pennant on the 1 Day - daily. It had a death cross on daily at the end of MAY. This is generally a lagging indicator and it appears it might be ready to show out after printing a bearish consolidating pattern. Support levels are marked below. Also a GAP marked in RED. I am wishful hoping the gap will fill because I...
It doesn't look like it's going to get any better for Crude Oil in terms of pricing. The incoming wave 4 could last pretty long before reaching new highs in 2024. I've projected the wave (iii) between 338.2% and 361.8%. Time to think about buying an electric car?
The statistics are between $732 - $950 (1 Year). After delaying virtually all new vehicle launches for the last few years, Elon Musk has now set a strong timeline for Tesla to bring Cybertruck, Roadster, and Tesla Semi to production in 2023. Once these products and more come out, Tesla will blow up again by at least $1.500. Cathie Wood's Ark Invest says Tesla...
Tesla (TSLA) has been trading within a long-term Channel Down pattern ever since its November 04 2021 All Time High but is within a short-term Descending Triangle since May. Yesterday the price tested the Lower Highs of that Triangle. The pattern's Support has so far formed a Double Bottom exactly on the wider Channel Down pattern Lower Lows. A break above the...
NIO Short Term - We look to Buy at 16.34 (stop at 11.63) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. They reported a 11% year on year rise in deliveries which is good fundamentally. The trend of higher lows is located at 14.00. This is positive for sentiment and the uptrend has potential to return....