CLNE ( The falling wedge pattern )CLNE is one of the attractive stock these days. On CLNE, a further falling wedge reversal pattern can be seen. The chart pattern target will be $16.
Cleanenergy
Metals - WMLModel has given entry signals for Wealth Minerals Ltd.:
- Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Chile, Canada, and Mexico. The company primarily explores for lithium, as well as for precious metal and copper deposits. It primarily holds interest in the Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile. The company is headquartered in Vancouver, Canada.
- Lithium ion batteries are critical in the renewable energy industry.
- We are very excited about opportunities in the commodities and energy sectors, as we believe a macro turn is approaching in the nearest future.
- Technically in a cup and handle in a greater cup and handle structure. The potential seems explosive.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
$ICLN Elliott Wave AnalysisI think I currently in a smaller two wave within the larger cycle. In the short term I can see a grind up to 25+ for the B wave before it ultimately heads lower to 18ish ( at the golden fibonacci zone) . From there I can see a huge move in the 3rd wave to ultimately 50+. NOT FINANCIAL ADVICE. If anyone has questions please ask , and if you want me to look at something dont be afraid to ask, good luck to all.
Solar Energy ETF - Death CrossChart shows death-cross highlighted as a pink circle. The definition of a death-cross is when the 50sma crosses below the 200sma.
This technical pattern signals further downside.
The red horizontal level R1, is the bullish short-term target, if we can cross the 50 (orange) and 200 (red) moving averages, and revert the death-cross. However, unless we can stay above the mid-level (blue-line), that is unlikely happening..
S1 could be an important support around $58, as we see a couple of tests back in September 2020.
OBV shows lower lows, supporting the downtrend.
Gevo Looking StrongGevo has retested its former resistance that had flipped support. With all surrounding clean energy and the chart looking primed. I feel Gevo is a good buy right now.
Not financial advice.
I SNIPED this Bloom TA, but I'm not happy about it. 😩I like Bloom's tech, but I was considering $18 the lowest it could go. I held a bunch of shares but got tired of waiting for this to happen. I'm not surprised at all it went to 18 though. Targets are $30 and above.
UEC BULLISH MOVEMENTInverse Head and Shoulders + Golden Cross = Bullish
Keep an eye on this energy stock... could see that 52 wk high get spanked here. Especially with President Biden's rapid deployment of clean energy plans.
Metals/Energy - BMNIdea for Bannerman Resources:
- A quick technical idea for BMN.
- We are very bullish on uranium.
- See related post on MGA for further fundamental analysis.
- Technically a clear bull flag.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Back to Pre-COVID19 Trend. Price Target 25 for the Coming YearFundamental analysis indicates a rewarding buy and the past year wouldn't have disappointed, exceeding the market average with steady growth. However, as the market approached the GameStope Squeeze, amid the buying frenzy of the beginning of the year, SOLARIA hit the ceiling, tried to revive the trend again back in the day of the squeeze, and then gave up to a bearish trend ever since, now ongoing for 3 months.
To analyze the effect and the prospects, I included her ESP35 index as an indicator of the local market ecosystem (please note that SOLARIA is not part of the index). I also included NYSE:BB to show the effect of the GameStop squeeze clearly.
First thing to notice is the pre-VOVID19 trends:
Blackberry was downwards with a relatively small angle.
ESP35 was upwards but fell heavily as a result of the first lockdown.
SOLARIA was up with a relatively small angle.
After the first lockdown, and as the market gained momentum from the sudden fall of prices, SOLARIA was the largest and most steady gainer among the 3. Looking at the 3 graphs together, you can identify October 28, 2020 as the start of the major bullish trend that culminated with the GameStop squeeze and caused SOLARIA to lose half the gains of the prior year. Now, things look as follows:
Blackberry trending downwards towards the pre-COVID19 levels, losing all the gains of the squeeze.
ESP35 is trending upwards towards its towards the pre-COVID19 levels.
SOLARIA, as the pitchfan shows, is currently leaving the COVID19 trend altogether, towards the original one of the smaller angle, as highlighted in the graph.
Perhaps, the most important piece of detail here is that the RSI is not showing an oversell, which means that SOLARIA's price may continue slipping slowly without resistence until the COVID-19 effect is cancelled and it finds support in the original, pre-COVID19 trendline.
I will pick something between the trendlines of the market and the pre-COVID19 level and go for a price target of 25 by April next year. Since the fundamentals are good, the price is at a low, and is cheap, a long-term long would make sense.
Metals - ORLEW Forecast for Orocobre Ltd:
- Orocobre Limited engages in the exploration, development, and production of lithium in Argentina. The company's flagship project is the Olaroz Lithium Facility located in the Jujuy province of northern Argentina. It also operates two open pit mines situated in Tincalayu and Sijes producing minerals, refined products, and boric acid. In addition, the company owns 100% Cauchari Lithium Project.
- Cup and Handle breakout.
- Orocobre is a leading producer and developer of lithium.
- We are bullish on commodities, especially metals.
- Lithium ion batteries are critical in the renewable energy industry.
- We are very excited about opportunities in the commodities sector, as we believe a macro turn is approaching in the nearest future.
- We are bullish on the clean energy and ESG sectors.
- Orocobre is due to complete a merger deal with Galaxy, creating the 5th largest global lithium chemicals company.
- We expect companies to accelerate the merging process, in the rush to become "too big to fail", as the macro turn approaches... only the biggest entities will be bailed out, or bailed in.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Metals - ABMLModel has given entry signals for American Battery Metals Corporation:
- American Battery Metals Corporation engages in the exploration, mining, extraction, and recycling of battery metals. It owns 647 placer mining claims on approximately 12,940 acres in the Western Nevada Basin, situated in Railroad Valley in Nye County, Nevada; and a 120-acre parcel of private property with water rights, in the town of Currant, NV near Railroad Valley.
- The company is focused on creating a vertically-integrated lithium company in three ways: environmentally-sustainable exploration and mining, green extraction processes and battery metals recycling.
- Lithium ion batteries are critical in the renewable energy industry.
- We are very excited about opportunities in the commodities sector, as we believe a macro turn is approaching in the nearest future.
- We are bullish on the clean energy and ESG sectors.
- Technically in a Wyckoff accumulation structure with a spring, possibly testing the channel top.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Solar Energy descending-triangle BreakoutSolar energy ETF is currently breaking out of a descending triangle.
There are multiple resistance levels to take into account. However, a measured move from the current break of the triangle, is taking us to $113 approximately, which is my mid-term target.
MACD has been uptrending while the price has been downtrending, the divergence is bullish signal for this breakout to hold.
The MACD histogram has also been positive for the divergence period.
Volume still needs to improve.
$AGSO Massive Subsidiaries And Upcoming Catalysts. PT - $10+MASSIVE DD Packet Compilation created today of upcoming events and catalysts:
t.co
NRG currently has 20+ trucks operating in 9 states across the Mid
south and Western states. NRG Dynamics is a modern fleet
coupled with forward thinking when it comes to technology and
operations. They operate completely cloud-based. Considered a
specialized carrier with primary focus on MC-331 Tanker, Hauling
Liquid Petroleum Gases with Access Agreements or almost every
loading facility in the West. During the summer months, part of
the fleet is converted to run liquid asphalt (hot oil) and emulsions
for road construction. ABOUT US (titannrg.com)
NRG RAIL:
- RailYard officially turned over for use to NRG Rail from Union
Pacific Nov. 20’ The company will be transloading (pictured
above) until they begin Phase 1 of the terminal construction
which has already been permitted. The Rail yard is composed of
18 rail spots currently and will also feature 9 dual sided towers
holding 1.2M gallons of LNG storage on site.
- Phase 1 begins with 5 towers, 360k gallons of storage, and two
loading racks installed in '21. At that time, the transloader will be
retired and the operation will commence operating as a
Liquefied Petroleum Gas terminal in Tucson, Arizona.
Ape Fuels:
- Retail propane provider serving southern Arizona since 2001 by
new board of directors member Ginger Cunningham. 1500 leased
tanks, 2000+ customers and additional service trucks.
Vespene LLC :
- Originated in 2011, Vespene LLC provides Titan NRG Partners with
wholesale products. It purchases products from the refineries
and other various suppliers in the area.
You can find the rest of the massive DD in the link provided!!!
PT $10+
Metals - AMYZFModel has given entry signals for American Manganese:
- American Manganese Inc., a metals company, focuses on the recycling of lithium-ion batteries with the RecycLiCo Patented Process.
- Lithium ion batteries are critical in the renewable energy industry.
- We are very excited about opportunities in the commodities sector, as we believe a macro turn is approaching in the nearest future.
- Technically in a Wyckoff accumulation structure with a spring, possibly testing the channel top.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
RenesolaMission:
We are focused on improving production efficiency. We are also continually developing new product lines to provide additional value to our portfolio of green energy offerings
Recent News:
1. STAMFORD, Conn., April 8, 2021 /PRNewswire/ -- ReneSola Ltd. ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it closed the sale of an approximately 10 MW portfolio of solar development projects to Greenbacker Renewable Energy Company ("Greenbacker"). The sale continues a successful track record in North America. This sale will positively contribute to 1Q 2021 results and was not in the original first quarter guidance.
2. STAMFORD, Conn., April 1, 2021 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it closed the sale of a portfolio of projects originally disclosed on January 8, 2021. The projects are in Hungary and were sold to Obton, a leading international solar investment company headquartered in Aarhus, Denmark. The sale closed on March 19, 2021.
3. STAMFORD, Conn., March 25, 2021 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today disclosed the sale of two ground-mounted solar parks in Romania totaling 15.4 MW to Alternus Energy Group plc, a pan-European Independent Power Producer (IPP). The sale closed in December 2020 and will be reflected in fourth quarter 2020 results. Payment of €24 million was received this week.
What do you think?
Like, Follow, Agree, Disagree!
CNRG ETF Clean PowerKey Features:
- The SPDR S&P Kensho Clean Power ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Clean Power Index (the “Index”)
- Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the clean energy sector, which includes the areas of solar, wind, geothermal, and hydroelectric power
- May provide an effective way to pursue long-term growth potential by investing in a portfolio of companies involved in the transition to lower emission generating power supply
Inception Date: October 2018
Performance:
YTD: 4.19%
1 Year: 207.07%
3 Year: n/a (Inception Year 2018)
5 Year: n/a (Inception Year 2018)
Annual Dividend Rate:
- 0.63%
Expense Ratio:
- 0.45%
Top Holdings:
Renesola Ltd, Daqo New Energy Corp, Fuel Cell Energy, Sun Power Corp, TPI Composites, AES Corporation, Ballard Power Systems, Plug Power, Canadian Solar, New Jersey Resources Corp, Maxeon Solar Technologies, ALLETE Inc, General Electric Company, Arcosa Inc, Enphase Energy.
*Not Financial Advice
What do you think?
Like Follow Agree Disagree!
SNPR - LONG near NAV and here is howNOT FINANCIAL ADVICE
I may wait to purchase depending on market open and the ES premarket performance. If it opens up considerably I may pass all together on the opportunity.
SNPRU
BUY 500 units for 11.50 and apply
for split with transfer agent.
($5,750/500=$11.50 per unit)
SNPRW
500 units came with 0.25 of one warrant each,
which amounts to 125 warrants to sell instantly
to remove some risk and take the entry from
$11.50 per unit to $10.75 per share if all 125
warrants are sold at $3.00(conservative calculation)
SNPR
Hold 500 shares and sell call options at the
shortest expiration possible to continue
reducing entry price, eventually under the
trust value and then simply for the
purpose of generating income.
The chart is laid out from top to bottom, top=step 1/enter units for a discount on share price, middle=step 2/sell warrants for rebate & reduce entry, and bottom =step 3/further reduce entry & gen small income from covered calls.
I'll come back to this and post total P&L from the run when I move on to the next trade. Aiming to run this until merger takes place unless price is over entry, then I will continue to sell calls until i eventually get forced into profit. According to the recent filings, the merger will be voted on by shareholders sometime in the second quarter of 2021.
REGI BACK AT MAJOR SUPPORT LEVELSREGI as looked to find support again at last year's levels before it almost doubled post december. This may take time but if this support levels hold, we could see the price move back up. I will likely add more around these levels.
The 1 hr chart shows a double bottom with the little explosion of today. Im hoping these levels will hold and in a few months time we can test the ATH again.
I will add more in regi at these levels, just waiting for an entry after today's rise. Im hoping to add under more under 63.
This levels acted as a major support for the previous bull run so i am expecting them to act as support levels again this time around. My first PT would be 75.
Potential parabolic growth beyond the line of least resistance.Pleas see complete sector analysis below.
Here is an analysis on the hydrogen fuel cells, which is a part of Clean Energy campaign (solar, electric vehicles, hydrogen- this sector is encapsulated in etf- CNRG)... within this, solar and fuel cells are truly clean energy. Electric vehicles still run on electricity produced by coal. so the definition of clean energy is either carbon-neutral or negative. Nuclear should clearly qualify as is carbon neutral, but is not deemed clean. (sorry for this jargon... now to the point)... Fuel cells are considered a major future source of energy, with thousands of patents claimed every year. (search "Fuel-cell patent applications per year")
A new etf was launched in march 2021, to reflect the HYDROGEN energy sector, which essentially is largely fuel cells. See the HYDRO line in the chart.
In this chart you can see PLUG is a major player. the second largest players is FCELL.
PLUG uses very expensive catalysts to generate energy.. so their technology is not really commercialized.. major car companies have spend lots of time with them.
The chart compares FCELL vs SPY, the new HYDRO ETF, clean energy etf CNRG, and its peers in the sector PLUG and BLDP (not competition as they do not serve same markets). FCELL has outperformed all these benchmarks.
Issues with PLUG are not only linked with the technology, they had issues with accounting and reporting. got warnings. Ballard's tech is lagging.
FCEL did not have a favourable earnings quarter, but is positioned the best in this sector to deliver fastest growth. I believe the line of least resistance is $18.69, beyond which the volume profile is very thin. Stop loss at that point could very well be the current price of 15.47, with an expected return of 56%. See the long position plan.
___ not a financial advice____
REGI UpdateTook a hit on this.
Still holding.
Falling wedge. Hoping for target over 80.
Looks oversold.
67$ looks to be the bottom.
Update on $ACTC, I Remain EXTRA BullishI've corrected my last idea ( ) on the formation of the Bullish pennant and the date of my PT.
MACD and RSI on the 3-month are still looking very tasty. As I described in my last $ACTC post, Proterra has a strong presence in the EV space- owning 50% of the North American market share within EV bus sales.
Short interest has also DOUBLED in a two-week timeframe. nasdaqtrader.com
This is a 10yr+ hold for me. Crazy how little conversation is going around about this hidden gem!
