EV sector continues to show behind the scenes buying from HFs/tutes (look at unusualwhales.com and sort by date of 13F filing). in a previous post, i shared this idea and thought that the accumulation was happening without this downward move into a spring happening. clearly i was incorrect, as we saw very strange -4% days all in a row--which appears very...
Biden's signing of the Electric Vehicle executive order may be a tailwind for HYLN (Hyliion), the Texas-based company producing EV motors and retrofitting hybrid systems for long-haul trucking fleets. Add to that the proposed I-14 expansion between Texas and Georgia and the electric vehicle charging stations included in the current Infrastructure Bill going...
Massive falling wedge. Broke down. Huge sell off, came back reflected off previous falling wedge resistance. Final moving averges crossing this week, could we’ve setting up for. Double bottom bullish reversal here? Will we need to retest the lower lows or is this the bottom around 9-925$? Could be great upside potentials. I am dabbleing in some 2022 calls while...
HYLN looks to be finally emerging from a severe bear market as are other EV names. Bullish divergence HTF and bearish LTF - I'll be looking to sell OTM puts and maybe buy an ITM call as a synthetic stock replacement in the $8 range and lower if price allows.
These EV stocks move like cryptos when they get going. Could be fun.
Not advice.
As you can see the hi-lighted yellow blob marks the intersection of the 3 descending trend lines. This looks very bearish to me in the short term. If the turquoise line doesn't hold, it could be heading to the $5 range to hopefully bottom out. If it does, I think it will start to turn around by mid December 2021. At that point I'll load up on a few hundred shares...
Hyliion recently joined the Russell 3000 and Russell 2000 indexes. Technically: this Weekly candle got clearly rejected by the white downtrend line last week. Squeezing within the small dotted uptrend channel. If HYLN manage to breakout upwards next week, then n the way up it will get rejected by several downtrend lines - blue, orange and green -. If no...
$HYLN Double Bottom with Bull Flag. Broke out Friday volume spike confirmation. Waiting for $ to break strong monthly resistance @12.65 neckline. AB=CD projection lines up perfectly with VPOC target.
Our trade is going great so far hittinf phycological resiatnce at 11$ even. 11.60 is 4hr clouds resiatnce. My target move is 12$ although red ichumochi cloud sits at 12.67 of course we can come down if we need to reset or consilidate here 10.32 seems good support as well as 10$ even was where I added to my position this morning apon breakout. Daily 20’ema at 10.06
