SBE is setting up for a continuation of the rally after consolidating for a few months. - The 50 day SMA (green line) is acting as support - Stock is in a daily squeeze after consolidating for a month and could fire anytime - Bullish pennant pattern shows potential for a break out to continue the rally Trade: - Buy around $39-$40. - PT1: $53.68 (1.272 fib...
here is SBE, which is in a very good spot technically talking. so.. there is the long term trendline, and the MA 200, and the MA 50, and the closing triangle with a flat base which usually stop the rise or fall of the stock, and the base of the triangle which is a support/resistance that worked a few times before, so already used and tested, and something that a...
We have seen the bottom with the hammer from yesterday and RSI looks oversold right before merge vote tomorrow, February 25. We are bullish
After having a steady month of waves, SBE came to the point where it will either break the channel or continue with it.
SBE announced their merger date with ChargePoint for the Mid-February. If everything goes as planned, SBE looks very bullish.
good buying opportunity here at the bottom of the channel looking to hit 50s as short term target and maybe even 60 or a breakthrough past 60 long term not financial advice
Does anybody else see something wrong here? If the price rises continuously, the volume should confirm it, right? Well, in this case the volume DECREASES continuously. SWITCH TO WEAKLY TIMEFRAME, SEE FOR YOURSELF. And it's not just that. Look at the RSI and MACD, DIVERGENCE. DIVERGENCE EVERYWHERE. And also A SCHOOL EXAMPLE OF CONSOLIDATION. What do you...
Bought CBAT just now. The EV stocks are taking off again. Get on board.
Just added to this position, looking forward to see what happens
While everyone is chasing the "next thing" or focussing on short squeezes and pump and dumps... Quietly BNGO has emerged from the depths of penny land. While analysts will attempt to scare you out of this stock by touting a 1000%+ run, and touting it as a penny stock similar to ZOM, a look a little closer reveals the company is just retouching its IPO price from...
Looks like SBE is about to continue through its upward channel on its next wave. Added more today to position.
SBE is going to close the trendline. If we hold it, it could be a good entry-level for LONG positions. Entry levels LONG: $42.73 $38.90 $33.78
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.
Based on the USA policies forecast and the increased interest in the EV industry, this company will not stop growing. It will just have the normal sell-offs to take profits, but there is enough growth for former and new investors for several years to come!!