Just an update, if you’re not already in the trade look for bullish action and a confirmation of the break out. The stock could retrace here, but I think that the sentiment and market conditions are really bullish so I doubt it. I could give more technicals and cool numbers but I don’t believe it to be necessary to see the trade. I own stock
LI has been in a long consolidation pattern and is near the end of the wedge. Lets see if this giant can wake up this week in increasing volume.
Xpeng seems to be moving in a EWP triangle, decreasing volatility and volume is a signal of consolidation and an imminent breakout. Like other EV car manufacturers, positive fundamental news, increasing sales and a worldwide adoption of EV technology could make 2021 a great year for EVs.
The daily chart shows the price action moving between the 25smma and the 50smma. The 50smma should act as support, the logic behind this trade is to enter at the 50smma and look for a break out, or at least a good entry since sideways movement could also be expected. Keep in mind that this is a very speculative, scientific driven investment involving complex...
LI breaking out of the wedge moving down Bought puts here Target somewhere near the green line. -10% move Risk to reward 1:3
$NIO Position Range Analysis Using Schiff's Pitchfork
Is $NIO ready for a correction to $49?
Is $EH dip buy all the way at $31?
Did $BLNK just double topped? $43 bound
Am I the only one intrigued by this chart? $LI
Tesla is a great company and destined to be worth more over time but I think it is ready for an $ABC correction to $775-790 area before earnings in Feb 2021. Suggesting to use options to define risk as premium paid.
Sorry for the hiatus, folks. Hope everyone made bank on the picks!!! APPS and KIRK killing it. SPCE starting nice run, though, I sold entire position today. PLUG went supernova!!! I like LI on the cup and handle here. Measurements on the chart for run. Waiting for the break of the upper trendline of the handle to get in. Like and follow if you like the...
$FCEL ready for $16.5 before 20+ again
If $DKNG can hold $48 - expect $60+ in due time
Is $SBE ready for a test of $48? Thesis negated below a close of $39.87 Use options to define risk as premium paid. Suggested options to use: Feb 12th Weeklies $50 calls trading at $3 a contract.