F compared to the etf CARZ which represents the overall auto industry has broken with strength a long downward trend in the performance of F in comparison to the industry and it has done so with gusto. I believe this trend in Ford's outperformance will continue. F-150 Lightning will be one of the number one selling EV's. Ford sold 780,000 F150's in 2020 alone...
if chinese debt is in the business of clearing up this week, nio is set to oversold bounce, and if we are weaker with chinese stocks the fowntrend is set for continuayion of bearish engulfing
Watching this big Symmetrical triangle as price gets tighter inside it. $53 is a pivot to the upside in my opinion, Watching price consolidation above it.
Coming towards 1000 support again, last time it happened, price ran over 100$ If it does, we can see a rejection and a break of the trendline from ATH
Nice bullflag forming, If price manages to break above 43.50 we might retest yesterday's high.
similar constellation like exactly a year ago. Last year it was boosted also by the hype about Bidens green program...
Next pivot at $47.00 We could see similar move from LCID and TSLA EVs are hot right now
TAIG is an electric snow/water vehicle manufacturer with over $100M in cash + $50M in committed government subsidies in Canada. Insider options at 9.89. Raised $100M recently at $15. Extremely oversold. Likely the outgoing COO liquidating shares and creating an opportunity for those paying attention.
We are on 3 consecutive weekly gap ups, which is an exhaustion pattern, accompanied by being far outside the weekly Upper Bollinger Band. Daily RSI in the mid 90s and 4hr also in the 90s. This thing is going to waterfall hard. Not a short recommendation unless experienced, but definitely a time to take some off the table and have a very tight stop
NIO broke out of months long pennant, and we are moving higher I expect this move to continue and test highs again eventually
NIO had a rough start to the week on Monday as did many Asian equities. But somehow it appears that NIO could be on the brink of a successful back test of a key support area that could hold as the key to NIO running to higher prices in the future and sustaining it. Keep an eye on the open tomorrow morning. If price opens above $39.27, this could be a great entry...
A *major* sleeper in the #EV #renewables space! - $290M mkt cap - Raised $100M in April at $15 with no warrants - $185M cash - Extra $50M in govt subsidies - $23 price target from Canaccord - Cup & Handle breakout --------------------------------------------------------------- Taiga Announces $50M in Government Support for Electric Vehicle and Battery Assembly...
VMC is trading at 1x sales with pending NASDAQ uplisting. A rare combination of strong fundamentals and bullish technical setup. Current selling pressure is due to warrants which expire on June 18th. Bullish biased Inverse Head & Shoulders or Cup & Handle, whichever you prefer. Bollinger Squeeze. Could see a big move soon, IMO.
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...
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...