NIO, TEST DUMMIES NEEDED, BUY THE DIP OR LET CRASH?I like the Chinese stocks
Nio is one of them
There is some downside showing still as far as I can tell
It is leading to an old support trend, however, I don't know if that is relevant anymore.
I like the potential of buy the dip under $5.4
Subject to change quickly.
but right now, bullish on the next decent dip.
Drawn in line is what I'm currently seeing as an ideal scenario, do not follow line, instead follow trends and price targets. Line is often inaccurate, but helps me reanalyze my indicators.
The lowest number I could see was around 2.8 or 2.9. unlikely, but you never know, completely possible.
After 14.9, it can go higher, but a new chart will be needed, and will likely be needed before that point arrives.
Cars
China’s Auto Exports Surge 58% to Record High in 2023 The development follows another milestone for Chinese auto exports after they hit more than 3 million vehicles in 2022 and over 2 million in 2021, the report said.
The latest record was driven by a surge in exports of new energy vehicles, which climbed 77.6% in 2023 to more than 1.2 million units, according to the report.
Overall auto sales in China climbed 12% year over year to 30.1 million units, while output rose 11.6% to 30.2 million units, Xinhua added.
Nio:
- Trading at 35% below our estimate of its fair value
- Revenue is forecast to grow 22.58% per year
Porsche with one of the highest profit margins per carPorsche has two stocks! The first is P911 and dates back to the IPO. The second is Porsche's historic stock. I bought PAH3. P911 is the stock from the IPO.
Porsche, one of the automotive manufacturers with one of the highest profit margins per car in the world. After RACE, Ferrari, it's Porsche, it seems to me.
This stock has returned to its IPO price...
Undervalued in my opinion.
- Price-To-Earnings ratio (12.9x) is below the German market (16.1x)
- Earnings are forecast to grow 5.77% per year
- Earnings grew by 3.3% over the past year
- Analysts in good agreement that stock price will rise by 33.9%
- No risks detected for P911
- Revenue is meaningful (€41B)
- Market cap is meaningful (€67B)
- The company’s earnings are high quality
- Debt level is low and not considered a risk
Porsche with one of the highest profit margins per carPorsche, one of the automotive manufacturers with one of the highest profit margins per car in the world. After RACE, Ferrari, it's Porsche, it seems to me.
This stock has returned to its IPO price...
Undervalued in my opinion.
- Price-To-Earnings ratio (12.9x) is below the German market (16.1x)
- Earnings are forecast to grow 5.77% per year
- Earnings grew by 3.3% over the past year
- Analysts in good agreement that stock price will rise by 33.9%
- No risks detected for P911
- Revenue is meaningful (€41B)
- Market cap is meaningful (€67B)
- The company’s earnings are high quality
- Debt level is low and not considered a risk
Lucid Motors Liquidity GapIt would appear that LUCID GROUP is facing a sell off based on bad new, dilution of shares, lack of consumer demand. However, based on technical, it would appear to be a very aggressive sell-off it was a sell-off. Not beneficial to not allow for market to recover in regards to liquidity. Based on the aggressive downside moves, the probability of a cat bounce appears very high and I am honestly amazed at the open interest on puts that could look to be burnt.
3$ options expiring this week are trading at $.08 a contract at the moment and if there is any level of volatility to the bull side, the out of the money 3$ strike will flip into the money and dominoing into an extreme level of gamma exposure on the short side.
People shorting need to close their position at some point, like also contributing to the large put open interest which could be contracts shorted with shorted equity.
An In-Depth Analysis of Cars.com (NYSE:CARS) Post Q3 EarningsCars.com (NYSE: NYSE:CARS ) has emerged as a digital hub connecting new and used car buyers and sellers. As we delve into the aftermath of the Q3 earnings report, it becomes clear that Cars.com is at a crossroads, navigating challenges but also seizing strategic opportunities for future growth.
Marketplace Resilience Amid Q3 Slowdown:
The broader online marketplace sector faced headwinds in Q3, with revenues beating analyst estimates by a modest 1.8%, while next quarter's revenue guidance lagged by 1.7%. However, Cars.com demonstrated resilience in the face of this trend. Despite a weaker quarter, the company's share prices rose by 4.6% on average since the previous earnings results, outperforming other cash-burning entities.
Q3 Performance and Strategic Moves:
Cars.com reported Q3 revenues of $174.3 million, a 5.9% YoY increase, in line with analyst expectations. The quarter, however, witnessed a decline in the user base and slow revenue growth. Despite these challenges, the company made strategic moves to fortify its position in the market. Notably, the launch of Cars Commerce, a new B2B brand, reflects a commitment to simplifying the car buying and selling process for all stakeholders. CEO Alex Vetter emphasized the strategic importance of this move, stating, "During the quarter, we made strong strategic moves that advanced our platform strategy and unlocked future growth."
Acquisition and Geographic Expansion:
Cars.com's acquisition of D2C Media Inc. is a noteworthy development, extending its presence in the Canadian market and unlocking new growth opportunities. This move aligns with the company's broader strategy of uniting the industry and fostering a seamless experience for consumers, dealers, OEMs, and lenders.
User Base Dynamics:
The Q3 report indicated a decline in the user base, with 18.7 thousand active buyers, down 4.44% YoY. While this is a notable setback, the company's focus on strategic initiatives and the launch of Cars Commerce could potentially reverse this trend in the coming quarters.
Future Outlook:
As the stock currently trades at $17.17, reflecting a 15.88% increase since the results, investors are cautiously optimistic. The success of Cars.com in the coming quarters will depend on its ability to capitalize on the launched initiatives, navigate challenges in the online marketplace sector, and harness the potential unlocked by the acquisition of D2C Media Inc.
Conclusion:
Cars.com ( NYSE:CARS ) stands at a pivotal juncture, having weathered the storms of a challenging Q3 while strategically positioning itself for future growth. The launch of Cars Commerce, the acquisition of D2C Media Inc., and the commitment to industry unification underscore a resilient strategy. Investors will be closely watching how Cars.com steers through the road ahead, making this digital marketplace a compelling stock to watch in the coming months.
VOLVO BULLISH CONTINUATION Volvo Cars, based in Sweden, has announced a remarkable 21% increase in car sales for the month of July compared to the previous year. The company managed to sell 54,165 vehicles during this period, marking the 11th consecutive month of continuous year-over-year growth.
Taking a broader look at the year so far, Volvo has demonstrated impressive performance in 2023. In the initial seven months of the year, the company achieved a global car sales figure of 395,856 units. This substantial number reflects an impressive 18% growth when compared to the same timeframe in 2022. This growth can largely be attributed to the surging demand for their fully electric and plug-in hybrid models, which have captured the interest of consumers.
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Tesla (TSLA) | Approaching a Strong Support Level!Hi,
The well-known Tesla (TSLA)
Just in case I have to "reveal" my next buying zone in time because the pullback has started and it can be quite aggressive. Preparing is the key, and let's prepare then ;) The last idea TP levels reached perfectly, ~$300...
To the point, my eyes are pointed around $180 to $215 and the criteria are:
1. The trendline - the trendline has been drawn from the closing prices to remove the noise from the candlestick chart. If you use a candlestick chart then the closing prices are the right way to go if you want to remove the extra noise that wicks can make. Atm this major downward trendline has been broken during June and if the price starts to reach back there to retest it then it acts as a support level, as a buying opportunity for you!
2. Strong horizontal price zone - the middle gray area has been worked as a support and resistance level multiple times. Basically, if the price reaches there then investors "feel" it and something always happens. Hopefully, this time is not an exception and we can see quite a solid reversal from there.
3. The round number $200 - it is solid confirmation to the horizontal area if it matches with the round number and currently there is $200 waiting for us inside the marked area.
4. Minor trendline - the blue trendline, currently drawn from body to body, the third touch should add a bit of strength to the optimal buying zone.
5. EMA party - Moving averages on every timeframe which all should add strength: Weekly 50 and 200 are inside or close to the shown box, and Monthly 50EMA is inside the optimal zone to support the price.
6. Fibonacci retracement 62% , golden ratios, are inside or slightly under the buying zone.
7. The structure - it is mid-term bullish because we have there also a mid-term new higher high (HH) and probably this area around $200 can be a possible new mid-term higher low (HL)
* Considering technical analysis then the optimal buying zone should stay between $180 to $215
* First short-term targets updating on the chat room.
Good luck!
XPeng is the future of CarsXPeng is one of the biggest Electric Car Brands in China. The Chinese Government announced that it wants to support Clean Energy and Electric Cars. Also Volkswagen published a Cooperation with XPeng to produce Cars together. This is a Sign, that the European Car Producers know that China is ahead of them. XPeng has low Production Costs and a Quality that is getting as good as in Europe. However, their last Quarter Results were negative and the Quarter Results that will be published on August 18th will probably be negative , too. The Stock has risen 200% in one Month and is overbought . Since June XPeng is in a Rising Broadening Wedge that might breaks out to the Downside , because this Pattern is bearish and the Stock is way to overbought. The Target of the Pattern is 8 Dollars, but I think 10-12 Dollars are more realistic. I will update you when a Breakout happens!
Have nice Day!
LCID Long after Smart Money Liquidity GrabThe January 2022 pump was a scam to induce more liquidity below those lows. Now we see price went in to eat that liquidity and has aggressively moved up creating a Market Structure Shift. I believe post earnings we will see a rally to $9 which is around the level of weekly imbalance.
Long Trade in CARSCARS is setting up for a breakout above $20.
The 2021 high for the stock was 19.07 set the month before the bear market started. This level was finally eclipsed last month.
CARS is not consolidating on tightening price action through a series of shallowing pullbacks.
A strong move through the 20.10 pivot point would be a buy trigger for me. You could work a stop at 18.60 just beneath the recent low.
This coincides with the 50-day moving average which has served as support for most of the current move.
NIO TRADE SETUPNIO flagged as an alert for me, so I wanted to get this chart out as a possible trade setup. It's looking like right under $9 would be a decent buy. I really like the possible movement between $9 to $14.
Obviously this move isn't likely to occur overnight so expect resistance on the way up.
Also, we need to be aware of the downside which is a price gap.
Stop loss zone is labeled.
i think tesla oversold is an intraday bounce candidateqqe recently went long tesla, and i think theres something to it if rsi chooses to reverse and cause some squeeze. if we get the volume trade switch back to the bulls on the hourly, this horizontal might hit. theres short long and pivot targets as well as the path i think tsla might take.
why tesla and the s&p may be more rangebound than trendingid like to see this stock doing well wednesday if were going to revisit highs in the index, and id like to see this stock back over $1000 again soon. if we see the s&p making new daily lows id expect that the QQE short is right again. if we fall beneath pivot lower horizontals are in play and if we see above that pivot upper horizontals are targets.