All, I think worth noting TSLA does have some serious support here or 600-640s and you can see why it's bouncing hard in some spots which are confluence support areas. I am not necessarily 100% bullish on TSLA. Obviously reading articles / tweets you can get the sense TSLA is in a tough spot, but definitely should be higher on ER etc. I think you are seeing the...
Tesla hasn’t hit a new 52-week high since January 25. It bounced feebly this month, and now the price action is looking more problematic. First, notice how the April 14 high closely matched the January 29 low. Old support could be new resistance. Second, TSLA has made lower highs since while holding roughly $700. That now resembles a bearish descending triangle,...
LONG ACTC as they have merged with Proterra which is set to take advantage of the US investing heavily in EV's as Proterra is the leading manufacturer for public transport Ev's.
Obviously this could go south as well however I have a bullish bias on this one and see her taking off pretty soon. We just saw strong support off the 200 day moving average and a nice bullish candle. Happy trading
Hello traders and investors! Yesterday we shared $AAPL Apple and today we want to show you another, similar wave structure on $TSLA Tesla. As you can see, Tesla made an impulsive five-wave drop in February, which actually suggest a reversal from the top into a higher degree correction, as five-wave cycle is barely the first leg A of a three-wave A-B-C corrective...
Although the heading can be slightly misunderstood, we believe it represents the potential of this stock the best. For the Xpeng stock, we do not see a way in which this can explode in the negative sense. Rather, we expect the price to skyrocket so at least $121 – and this is only the beginning. In the first place, the price needs to clearly stabilize above...
ALYI Current Price - $0.07 Price Target - $1 Short Term target $0.10 Long Term Target $1 Options Not available (OTC) - not on RH or Webull. Crucial moment on the chart for ALYI I think ALYI breaks out of current resistance and sets new highs. Alternate Systems released amazing news a couple weeks ago. They are set to deliver 2,000 EV bikes to Kenya by July of...
This is not trading advice just my personal point of view. The chart is self explanatory. Pay attention to lines of convergence. This company has major potential!!! They are just beginning to commercialize their proprietary tech to revolutionize the electric motor! This is MAJOR!
PLUG is on a support line tested several times. Target price: 70 Expected Returns: >100%
Today we will continue with a series of posts we started on NIO; Our objective is to define clear filters on the stock and then trade if the price full-field our filters. First, let's take a look at the big picture: Here we can see 2 key structures: The ascending trendline and the support zone. Currently, those levels are converging, and the price is...
MN has great potential in coming decade of EV technology and specially Ev car batteries. Company is in accumulation period and with strong support of USA industry will progress in wild pace IMO. If you look at the pattern then cup and handle seems to be in making again for this stock. There might be one more dip towards $0.40 zone and after that consolidation we...
NOU has been the first graphite company in North America who was able to achieve over 90% pure graphite flakes from their production. They are going to be key element for EV car batteries with their anode technology to come to the market and they are going to be the first mine in the world use only electric trucks for their mining process. Located in Canada,...
With the marketing calming down from last year, TSLA could be going into a range trade opportunity between 704 to 600. Currently I'm watching high levels of 683/695/704 to see if it will break through resistance or bounce back down towards 600. Moving downwards, I'm watching 683/ 672/ 660. Be sure to watch volume as you confirm entry points . I'd be also...
Noticing both a falling wedge and positive divergence (falling price action / rising MACD lows) on the NKLA 4HR Chart, a potential sign of downward momentum slowing. Support level at 12.70 just got tested. Could see NKLA price rise up to 26.90. Green levels are untested levels to take profit. Please like and follow for more Stock/Forex Analysis and Content.
As you see the two charts are fairly self-explanatory. Both in 2020 and now (2021), TSLA had already made a top by early February, formed a MA50/100 Death Cross, followed by a MA50/200 Golden Cross (on the 4H chart) that practically put the bottom behind. The RSI and MACD sequences are also fairly identical. Is it time to buy the carmaker giant again? **...
Looking like a good buying opportunity for NIO. When all the media settles down, NIO's EV products will be back into focus. Considering they're China's home brew Tesla ( with an arguably better battery ), they'll probably be received better by locals, and at the very least provide healthy competition in the market for EV's. The ups and downs seem to stick to the...
A few weeks ago, in February, I pointed out that Tesla is looking bearish on the weekly chart. Now I have a feeling it may push through resistance and try push prices of $850, $900 or higher. My position is 10 call options contracts that expire 3/26/21 with a strike price of $515, so you can see how confident I feel about the potential of this yum yum style. I...
Might be a head and shoulders, unfortunately, which could mean a trend reversal. Could be bad news ahead if we break down from the ascending channel, and then break the neckline.