After a massive uptrend ride, GE took a break during the past two months leaving a clear bullish pennant. MACD its looking gorgeous right now. - OPPENING POSITION: 13.5 - STOP LOSS: 12.75 - TAKE PROFIT: If we are thinking on a swing trade, 14.40 (+7.6%) would be a decent profit. But, I believe that its a great position for a long term. Lets check once we...
NIO is one of my favorite EV plays as the sector took a big hit in the beginning of march. NIO has a advantages in China compared to its competitors. NIO says that the worldwide chip shortage is going to effect production in Q2 and that they’ll make fewer vehicles. However earnings overall were okay and balance sheet healthy. Deliveries dropped a bit in...
Easily the top stock to keep an eye on, personally took some Mar 2021 LEAPs Strong support, people have been buying for the last 4 quarters! And with the new battery review this can fly!!