With the market, this should also crash to $10-15 range. Stay with the down trend.
-NIO declined for a few valid reasons. Namely, the fundamentals behind the stock aren’t as pretty as you might think and its valuation is too extreme. -Now the logical question to ask is whether its current, lower price makes NIO stock a buy. -Technical analysis may show that the stock is now oversold. This does not mean that in mid $20s the stock is a bargain....
TSLA touched last Friday both the 1D MA200 (orange trend-line) and the 1W MA50 (red trend-line). During the previous phase of the first 6 months of 2021, the price made a bottom when it hit this 1D MA200 - 1W M50 zone. In fact, as this chart shows, Tesla's price action since November is very similar to the first 6 months of 2021. The 1D RSI and MACD are identical,...
I been accumulating li since $20. Li is exhibiting a decrease in volatility and in volume.
Looking at some of the remarks Cathie has made lately... EVs are only 2% of $F sales. Can $F make a full switch to EV over ICE in the next 5-10 years? Results? I would think we'd see the same explosive growth $F saw in the 80s. The initial reaction to the stock price so far on the promise $F is taking EV seriously and potentially its future has me feeling great...
Nio had a massive run during the worst of the pandemic, followed by a year of pullbacks. Now the electric-car maker could be stabilizing at a key level. First consider the price area near $28. NIO consolidated around that level in October 2020 before proceeding to more than double. Now that zone is providing support. Second, consider the high-volume surge on...
I know very little about this company. What I do like is the price action and pattern I am seeing. I have seen this giant broadening pattern many times over the last few years and they are extremely powerful. However, they are not easy to trade. The descending nature of the lower trendline make it difficult to catch a bottom. What I prefer to do is use...
Today, we will look at the relevant levels of NIO and what we can expect from them. The first thing is defining the current context: a) The price is making a corrective formation (defined by the support zone and the descending trendline) b) The current drawdown is 59% c) The current duration of the drawdown is 365 days. From where we are right now. ...
Ford Motor Co ( NYSE:F ) Sector: Consumer Durables (Motor Vehicles) Market Capitalization: 97.668B Current Price: $24.44 Breakout price: $24.90 Buy Zone (Top/Bottom Range): $23.35-$21.75 Price Target: $25.80-$26.70 (2nd) Estimated Duration to Target: 41-45d (2nd) Contract of Interest: $F 3/18/22 25c Trade price as of publish date: $1.82/contract
You like to buy the all time low? Lordstown Motors Corp. (RIDE) lost 90% of its value from all the 52 week high. 52 Week Range 3.27 - 31.56 % OF FLOAT SHORTED: 19.47% As a speculative buy, my price target is the $6.8 resistance. Looking forward to read your opinion about it.
Both technical analysis and fundamentals are looking ready for a comeback. Cenntro produced 628 electric vehicles in December 2021 - highest volume in a single month 2022 guidance to deliver a minimum of 20,000 vehicles. Market Cap 390.294Mil, still small. My price target is the 11.50usd resistance. Looking forward to read your opinion about it.
$FSR as it can be seen on the chart is at a support line which if it holds it will increase the chance to start a new rally. The other supporting conditions are oversold MoneyFlow or any momentum oscillator, a divergence between the price and the momentum oscillators for the last few days. If the support line does not hold, we should drop to the $12-$13 area,...
MULN, Mullen and ARRK, a Leading German Automotive Engineering Company, yesterday Announced a Partnership for Upcoming Mullen FIVE EV Crossover! ARRK is a leading automotive engineering company, working with some of the most well-respected automotive manufacturers, such as BMW, VW brands and Mercedes-Benz. ARRK will be supporting Mullen Automotive in Computer...
$F 21.2 bounce (Bounce level off demand for Calls) Technical analysis: Bull flag on the daily chart News catalyst: Ford announced Friday afternoon that it aims to make 300,000 Mustang Mach-E crossovers for North America and China by 2023.
$INDI did as I expected in my last post on $INDI. Considering the general tax selling sell-off in the market towards the end of the year it is possible that it is headed to its main support area around $11, which is nearly 200SMA today. This is a drastic pullback, but SPACs have not found their firm stepping stone to higher prices yet.
NASDAQ:TSLA is the fifth largest listing on TradingView based on market cap and has been a huge center of focus within the investment community, whether it is the more seasoned investor or trader to the inexperienced speculator who throws money at Bitcoin and various growth companies. Despite all of this there are many factors that the majority of the investing...
$NIO - Chinese Electric Vehicle Maker From a technical perspective, this stock looks nicely set-up for another leg higher. If we zoom out from the chart above to the Monthly and Weekly time-frames, we see this same bull flag consolidating above major support at roughly $30. It is always a great sign to see confluence of trading signals when zooming out to the...
$NVDA +$43 (Over $43 for calls) Price targets: $44, $44.8 Technical analysis: - Cup and handle on the hourly chart