TESLA ! ROCKET OR SUBMARINE ?! TESLA! Rocket or submarine. We must recognize that the evolution of the company last year, ignited a lot of imagination, and a lot of minds. Many fortunes were made and many were lost, in unnecessary shorts. Whether it was raining or windy, Tesla took off. The question is what's next ?! Well technically everything looks crystal clear, just news like today's about the stimulus, can shake the price for a few minutes more. But fundamental !? Well, it has 5 consecutive quarters on profit, ending the pandemic year with a 37% yoy increase in deliveries. And this in the year of the pandemic, I repeat, when we all stayed at home. Analysts see good reporting on Wednesday, and have a price target of $ 933. And basically the company looks good. But what we do to gentlemen is that everything that grows must decrease, that's how we know. Well, we'll see on Wednesday after closing. The thing is simple: it will be either a rocket or a submarine, but both nuclear, no doubt :)
Electriccars
$NIO - Flag Breakout - Anticipating New Highs$NIO broke out of a month-long symmetrical triangle at the end of 2020 and formed a new high. It's been consolidating at highs for 2 weeks and broke out on Friday 1/22.
This opens up some new upside targets:
TG1: 62.89
TG2: 64.35
TG3: 66.72
TG4: 68.97
TG5: 71.38
Invalidation under: 59.30
Leave some feedback below if you have any!
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AEye Said in Talks to Go Public Via Cantor Blank-Check FirmAEye Said in Talks to Go Public Via Cantor Blank-Check Firm
CF Finance Acquisition Corp. III raised $230 million in IPO
Artificial-perception startup AEye Inc. is in talks to go public through a merger with CF Finance Acquisition Corp. III, a Cantor Fitzgerald LP blank-check firm, according to people with knowledge of the matter.
The valuation couldn’t immediately be learned. A deal hasn’t been finalized, and terms could change or talks could collapse. Shares of CF Finance Acquisition Corp. III jumped as much as 32% after Bloomberg reported the discussions.
A Cantor Fitzgerald representative declined to comment. AEye didn’t immediately respond to requests for comment.
California-based AEye makes sensor technology, known as lidar, for use in autonomous vehicles. Continental AG, Europe’s second-largest car-parts supplier, acquired a minority stake in AEye in October. Other investors include Kleiner Perkins, LG Electronics, Intel Capital and Airbus Ventures, according to AEye’s website.
CF Finance Acquisition Corp. III, led by CEO Howard Lutnick and President Anshu Jain, raised $230 million in a November initial public offering, with a goal of striking a deal in any industry or geography. “The company intends to focus on industries where its management team and founders have experience , including the financial services, health care, real estate services, technology and software industries,” it said at the time.
An earlier Cantor blank-check firm last year agreed to merge with GCM Grosvenor Inc. in a deal that took the investment manager public. In November, CF Finance Acquisition Corp. II reached a deal with View Inc., a maker of smart windows that use artificial intelligence. In December, Cantor raised $500 million for its fourth special purpose acquisition company, and this month filed for a fifth SPAC.
www.bloomberg.com
Star Peak Energy Transition Corp. STPK in business with Stem INCWhile NIO is retracing too, Star Peak Energy Transition Corp., after making a merger with Stem Inc., and trying to become an industry leader in the energy storage market, is going to consolidating after the end of this first pullback from 38$ top to 32$ (15/01/21).
The stock has since risen and now rests around a $1.63B market cap valuation, just a fraction of the potentially trillion dollar industry estimated to take shape by 2050.
After receiving the price target of 100$ from a Citron's report and ending it by saying: "As a result, we expect STPK to become a core holding of every ESG ETF in the market and for the float to be quickly gobbled up sending the stock materially higher " And concluding with the statement: "See you at over $100." , I think it can take the flight to the moon after a short consolidating period.
Star Peak is the cutting-edge company that is going to use Stem Inc.'s AI to provide strongly advanced energy storage products able to
Star Peak is a blank check company incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Buying alerts at 24.86$ and 30$
WiMi Obtains Patent for New 3D Holographic Pulse Laser DeviceWiMi Obtains Patent for New 3D Holographic Pulse Laser Processing Device to Further Advance the Application of Holographic Technology in EV Autonomous Driving and Other EV Areas
WiMi Stock soars After Surprise Patent Announcement
Wimi obtained a patent (the "Patent") for a three-dimensional ("3D") holographic pulse laser processing device for optical holography use (the "New Device").
3D optical holography pulse laser processing devices will be widely used in the fields of autonomous driving, medical imaging, unmanned flight, holographic spectrometers, and more.
With the rapid development of the electric vehicle ("EV") industry, it is expected that pulse laser holography applications will play an increasingly important role in the collection and presentation of holographic data.
WiMi has developed the New Device to solve the problems of holographic data collection and holographic data presentation for EVs in the future.
finance.yahoo.com
Coolisys's EV charger can now be preordered on Amazon
DPW Holdings stock soars as Coolisys's EV charger can now be preordered on Amazon
DPW Holdings’ Coolisys Power Electronics Business Announces Pre-Orders for Residential Level 2 Electric Vehicle Chargers Have Begun on Amazon
Coolisys is encouraged by the interest in its residential EV chargers on Amazon.com and is in conversations with additional online retailers and distributors.
We are pleased to announce the Amazon pre-order launch of our residential EV wall mount charging system. Coolisys’ compact, space saving wall mount AC charging system is easy to install and uses advanced charging technology that provides highly efficient and reliable charging of electric vehicles. We believe our EV charger product line is well positioned to address the expected rapid expansion of infrastructure required to support broad adoption of electric vehicles globally.
finance.yahoo.com
LKE Strong TrendLake Resources NL (ASX:LKE; OTC:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects cover 200 sq km in a prime location within the Lithium Triangle, where 40% of the world’s lithium is produced at the lowest cost.
Lake Resources looking bullish:
- Strong Uptrend respected
- Previous targets complete
- Bullish Channel confirmed
- MACD Bullish
- RSI Trending Bullish
- Bullish bounce of .328 Fib Retracement over last 2 days
- Bullish Buying Volume
- Market Structure currently Bullish
Bearish Move:
- Im expecting some Bearish action as traders take profit, RSI is slightly overbought. Consolidation within channel is possible.
Watching Closely
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
CCIV surge on news of plans to take Lucid Motors public via SPACChurchill Capital Corp IV extends 2-day surge to over 50% on news of plans to take Lucid Motors public via SPAC
Shares of Churchill Capital Corp. IV are up over 50% in a two-day streak to start the week.
News of the SPAC potentially taking EV company Lucid Motors public is driving the share price higher.
The fourth of seven 'blank-check' companies operated by Michael Klein, Churchill Capital Corp. IV's plan for Lucid Motors would keep the SPAC craze going in 2021.
the partner firm is Lucid Motors, a relatively well-established EV manufacturer based out of Newark, California, and which targets the luxury end of the car market. The deal could potentially value Lucid at $15 billion, according to Bloomberg.
markets.businessinsider.com
EV-Tech Company Proterra to Go Public Through ArcLight SPACProterra, Commercial Electric Vehicle Technology Leader, To Become Publicly Listed Through Transaction with ArcLight Clean Transition Corp.
Provides Resources to Take Proterra's Proven Portfolio of Next Generation Electric Vehicle Technology to New Levels of Growth
Includes $415 Million PIPE Investments Anchored by Daimler Trucks as well as Franklin Templeton, Chamath Palihapitiya, Fidelity Management & Research Company LLC, and Funds and Accounts Managed by BlackRock
Proterra to Have up to $825 Million in Cash to Fund Growth
The transaction is expected to deliver approximately $648 million in cash at closing, including approximately $278 million of cash held in ArcLight Clean Transition Corp.'s trust account from its initial public offering in September 2020.
Transaction Represents Enterprise Value of $1.6 Billion for Proterra
Proterra has generated strong results to date, including $193 million of expected 2020 revenue, $750 million in existing orders and backlog and 26% gross margin expansion over the last three years.
It is expected to close in the first half of 2021, subject to the satisfaction of customary closing conditions, including the approval of ArcLight Clean Transition Corp.'s shareholders.
finance.yahoo.com
EV Startup Faraday Said in SPAC Merger Talks to Go PublicEV Startup Faraday Said in SPAC Merger Talks to Go Public
Faraday & Future Inc., an electric-vehicle startup, is in talks to go public through a merger with Property Solutions Acquisition Corp., a blank-check firm, according to people with knowledge with the matter.
The special purpose acquisition company is seeking to raise more than $400 million in equity to support the transaction, which is slated to value the combined entity at around $3 billion, the people said. As with all deals that haven’t been finalized, it’s possible that terms change or talks fall apart.
A Faraday spokesman didn’t respond to multiple requests for comment. A Property Solutions representative declined to comment.
Los Angeles-based Faraday, led by Chief Executive Officer Carsten Breitfeld, was founded by Jia Yueting, an entrepreneur who in October 2019 filed for bankruptcy in the U.S. after running up billions of dollars in personal debt. His efforts to build a business empire in China spanning interests from streaming to TVs saw him borrowing against pledged shares, leaving him on the hook for $2.3 billion in claims, according to the filing.
The ranks of automakers seeking to compete with Tesla Inc. in electric vehicles are heavily populated by Chinese startups. Investors were gripped by a mania for all things related to EVs in 2020, boosting Chinese car company Nio Inc.’s valuation.
www.bloomberg.com
NIO- Partnership with NVIDIA and QualcommShort-term catalysts may be in the play for NIO.
On January 9, NIO unveiled its long-awaited first sedan, the NIO ET7 which uses Nvidia's DRIVE Orin system-on-a-chip and Qualcomm's chips for 5G capability. Together, NIO and NVIDIA aim to accelerate the development of autonomous driving on smart vehicles.
According to CNEVPOST, on Saturday, Qualcomm said that it would work with NIO to bring the latest next-generation digital cockpit technology to the ET7, which would use the third-generation Qualcomm Snapdragon Automotive Digital Cockpit Platform and the Qualcomm Snapdragon Automotive 5G Platform.
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DYOR, not the investment advice.
Off to the races? #stocks Nio powered through the high end of the range today and there is a potential breakout opportunity setting up. As long as we get a close above the range high (top end of rectangle) and the stock can hold above the $49 area (smaller green rectangle) in the coming days and weeks then the trend is still to the upside.
SOLO- Descending Triangle Pattern- Breakout Imminent SOLO forming a very strong descending triangle with imminent breakout. Overall trend is bullish, market is bullish, electric vehicle market is especially bullish. Very strong potential.
xpev will pick direction next week1. lockup expiraction date 23-Feb-21
2. xpev compared to li and nio has advantage of automatic driving, and high investment into AI.
3. Current support around 38, and bounce back to 44, 44 is previous resistence, and it was not able to
zoom much above it. I think it will have another push down and break 38 level.
4. Will keep close eyes next week.
nio can run to a new high1. $40 level holds 3 times with a higher low.
2. 1 day chart has 50ema holds 3 times as well.
3. nio day is coming at Jan 9th.
4. TSLA price cuts will have a big impact on NIO, since the price is so competitive.
5. Having a sell put around 45, and need to watch closely next week to see how much impact on the news.
6. First target 56, second target 68, and stop 39.
TSLA - Bubble Pattern AnalysisNote: This is just information to compare **potential** bubble formation of TSLA vs. the chart patterns of other historic Bubbles.
Of note, a classic bubble pattern follows as this:
Phase 1: Trending breakout of basing formation in a strong up-trending move
Phase 2: Trending high-volatility drawdown (usually not related to stock or index itself).
Phase 3: Trending recovery - stock or index shrugs off the high volatility event as it recovers quickly and stronger than before.
Phase 4: Upwards & & sideways non-trending consolidation. Typically choppy trading, but slightly upward move.
Phase 5: 3 Phase blowoff top - breakout of non-trending consolidation followed by a smaller upwards consolidation into final blowoff breakout top.
Note: The 5 phases above are fairly consistent across market bubbles in both indexes and assets . They're not present in the formation of every bubble, but they are nevertheless highly prevalent. One item to note is that the duration and distance of each phase can be different, but the patterns remain quite similar. This is worth noting from the perspective of trying to time a breakout on any given pattern ahead of time. You can't just follow simple analogs since the pattern can easily be of a different time or velocity.
Links to other similar bubble patterns:
Nikkei225 (Japan late 1980's bubble)
Roaring 20's Bubble (pre-depression)
3d Systems 3d Printing Stock Bubble - Post GFC
Cisco Systems Dotcom Bubble Chart Pattern