NAKD shareholder merger approval special meeting on Dec. 21Naked shareholders will receive 7 shares in the new entity for every 3 existing NAKD shares they own.
The combined company will have a market capitalization of nearly $2 billion.
Cenntro Automotive, NAKD`s merger, is a leading EV technology company with advanced, market-validated commercial vehicles, that has selected Jacksonville, Florida for its first U.S. based manufacturing facility.
I consider buying NAKD shares before the shareholder merger approval special meeting on Dec. 21 to be a good opportunity!
Electricvehicles
MULN undervalued EV play on Support levelMULN, 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 Aided Engineering (CAE), body in white, battery, closures, interior, chassis, thermal, and infotainment engineering.
52 Week Range 5.45 - 19.15
Market Cap 129.909Mil
Looks like a steal to me!
My price targets short to medium term are $9.5 and $13.2.
$LCID Motors Target - 35.58$LCID motors Target 35.58
Technical weakness here is pointing to a move lower…
GL, and let me know your thoughts!!
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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( •_•)
/ >🚀
$INDI heading back to its main support?$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.
NYSE: NIO - LongTaking into consideration external factors such as Nio's continuously increasing production and sales numbers; I am very bullish on their price action for the coming months. Nio's daily chart is forming a beautiful descending triangle and I am currently anticipating a bullish impulsive movement to the upside. Price is currently sitting in a key demand zone coincided with a bullish convergence on MACD; this leaves me very bullish on calling bottom on this future stud of a stock. Long NIO at current prices Stop Loss just below $30. This is a long term position. Not Financial Advice.
$NIO Bull Flagging$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 higher time-frames. Ideally, that is what you want in a trade (i.e. as many indicators and time-frames saying the same thing). For me personally, I like to see confluence from the monthly all the way down to the hourly and 30-minute charts. Those have historically been the best set-ups for my system.
Looking at the Daily chart, I can see some resistance at roughly $45, $47, $50, and then $55. If the stock got above $55, then $60 is like a magnet for price and would come relatively quickly I believe. Then above $60 we would test the all-time highs of $65, and if we get above I see a price target of ~$100, which is a measured move based on the $35 range of the wedge pattern that has formed.
Considering we are near the upper end of the range of the pattern, now would not be the best time to buy, considering we could drop back to support near $35 or go as low as $30-$31. These price levels would be good spots for low risks trades back up towards the downtrend line near $40. These levels could also be utilized for a low risk longer term trade/investment, as the risk is very clearly defined.
I see numerous other trades that could materialize, one being the breakout over $45. This should then trigger long side buying momentum, and one could target $47, $50, $55, $60, and eventually even $65 if we get there. I would sell majority of my position within that range, and leave a small runner for that $100 price target. It's always best to lock in gains, leaving a small runner so we can still participate in any further upside of the trade, while also freeing up capital to put to work on other trades/pay ourselves for the hard work of trading.
A wise trader once told me; "Never try to guess a top or bottom for exiting a trade; leave a small runner, and let the market take you out. This is how great trades can turn into spectacular ones."
From a fundamental perspective, the EV space is certainly a hot sector right now, and this stock has gotten attention before from both institutional players and the retail crowd. As the US government continues to push and incentivize the transition to EV's, and with the Biden admin being weaker on China vs the Trump admin, I think $NIO has a solid economic and political landscape behind it to propel the stock higher.
Full Disclosure: I am not an advisor/financial planner, these are strictly my ideas and are not meant in any way to be financial advice. Trading and investing carry substantial risk of loss and should only be done by those whom have the financial capacity to handle losses. I have no financial interest or connection in this company, and I am not a licensed financial analyst. Past performance is not indicative of future results.
$WBX to $18 by Nov 30Wallbox is a Barcelona-based EV charging company that uniquely provides affordable home chargers for global customers.
Their CEO is a former Tesla employee and the company has recently teamed up with UBER and SunVault to help expand into the US market.
Expected EBITDA to be profitable by 2024 (remember, we're nearly in 2022!) with in-line revenue targets consistently reached as well as overcoming supply chain woes.
A fairly underappreciated EV stock amongst traders and investors alike, though the upcoming US infrastructure bill and pre-existing EU subsidies for EVs, will continue to add value to Wallbox's share price.
We have a modest price target of $18 by the end of the month with significant upside in the long term. Wallbox is a great backbone stock for those who missed or caught late the EV super trend.
Nio~nio looks to be in the midst of completing this very long phase of consolidation \ accumulation.
currently above ichimoku cloud and poised for a breakout.
i've counted it as an abcde \ triangle for the primary wave 4.
if it breaks out of this triangle, catch the bullish retest of it, and let it ride.
upside target is hard to calculate for something that went this parabolic, but i'd give it $100+ at the minimum.
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update to:
Tesla, NIO, More EV Charging Ecosystems To Fully Enmesh in ChinaBy October 2021, members of the China EV Charging Infrastructure Promotion Alliance have built 1.06 million public charging piles.
Tesla landed its 1,000th charging station in China's mainland on November 1 in Shenzhen. In the meantime, NIO erected its 600th swap station. The two EV innovators have chosen different ways of providing charging services. Tesla rejected swap stations for high costs before NIO vindicated them. The latter's idea is to make it a part of the multi-layer charger system, which the NEV industry is hammering hard to build, based on different speeds. Moreover, this market has been designing faster solutions. The great leap of NEV facilities has caused low asset utilization that will likely stimulate charging networks to be open to each other.
A structural revolution
China's EV charging facilities are experiencing a structural revolution. In the early stage of mobility shifting to NEV, companies must roll out home charge suites to persuade consumers to buy EVs. But the speed can’t satisfy consumers that use cars frequently. Thus, many companies build their multi-layer charging networks, including fast direct current (DC) charges. The most typical companies that have two layers of charging networks include XPeng, Li Auto and BYD. They give consumers free seven kilowatts for home charging piles and supercharging stations that support 120 to 180 kW charging. But investing in DC infrastructure is costly, which stops some companies being able to afford hyper-charging stations. Instead, they leverage this service through third-party charging specialists such as TELD or Starcharge. Nowadays, buying cars from nascent brands like VOYAH, GAC Aion, or Weltmeister means one is free to use their networks.
More subtly, Tesla gives clients an additional solution destination charging stations that offer low-speed charging (22 kW) in places like hotels.
Among complicated charging network designers, NIO is an epitome. Apart from three ways of charging, it offers 20 kW home charging piles for selections and swap battery services. The inception of swapping batteries starts with the separation of vehicle and battery whereby consumers don't need to pay battery cost in front. The station can store a dozen batteries and finish the swapping process in five minutes.
Except for NIO, a few brands are also building swap stations. BAIC's fourth-generation swap station can reserve 60 batteries and swap faster than NIO's. Geely's future electric truck will support battery swap as well. Not only OEMs, but the government also supports and unifies the development of the swap station industry. As part of the big scheme of shifting to EV, the Ministry of Industry and Information Technology of the People's Republic of China has pushed several cities to test swap stations for future deployment.
A long way to go
Although the swap stations have accelerated the process of replenishing energy, they also face many problems. A critical one is that the sector lacks non-standard batteries that enable cars to switch the battery in stations of other brands.
Swapping stations place huge capital pressure on OEMs. For instance, building a swap station costs USD 300,000 compared with USD 100,000 for a hyper-charge station. According to Orient Securities' estimation, in China, the sector needs to invest over USD 2 billion in 2022 to build enough swap stations. The figure is projected to reach USD 11 billion by 2025.
Besides, OEMs are developing ultra-fast charging solutions. Tesla is said to be preparing to upgrade the current supercharging network to 300 kW. Xpeng has disclosed (link in Chinese) an 800-volt platform.
The fast-evolving industry is facing some problems. Low asset utilization is a critical one. China's EV industry started ten years before, and supported facilities emerged at the same time. According to the investigation published on d1ev.com (link in Chinese), a specialized auto portal focusing on the Chinese market, some charging facilities located in the suburb are badly maintained, charge high parking fees, which made them vacant most time. Although NEVs got popular in recent years, this problem still exists.
The openness of various chargers can be improved. According to CAAM (link in Chinese), the utilization rate of charging piles is 3% to 5% and 10% is the threshold for the industry to profit. Unharmonized infrastructure is intensifying the issue. Charging stations of various brands do support other brand cars to plug in. But this isn't always the case. For example, Tesla V3 charging isn't accessible for NIO, XPeng cars, which these two are compatible with each other. As these NEV companies build more charging stations, vacant piles appear and NEV players must collaborate to increase utilization. Therefore, it's very likely for them to open charging facilities to each other fully.
For the full article with the charts, please visit the original link.
ACDC is fully Charged and ready to explodeWe are seeing a big move to the clean energy worldwide again and a hype in the EV industry and everything related to it , we had this hype a year ago , now is the time to get into those hammered tickers and wait for them to explode again .
ACDC is confirmed to supply Daymak with the batteries that they are going to use for their EVs, ACDC is also working to manufacture many products for the clean energy. TradeSafe
Trade active @ 0.19 and looking to add the dip at 0.185 and adding big if it breaks above 0.21 or goes down to 0.175
11/15-11/19 watchlist #2 $XPEV +$50.50
Price targets: $51.5, $52.8
Technical Analysis: Bull flag breakout
News Catalyst: "XPeng launches its new smart EV model at the 19th Guangzhou International Automobile Exhibition (11/19). The new car will be an addition to company's current G3 SUV line. Details on pricing, range and fetures could give shares of XPEV a boost"
Tesla Can Deal with Supply Chain Shortage Unlike Chinese PeersBYD is positioned well, too.
The global automotive industry is facing a deepening supply chain crisis. For one, Toyota: it slashed 40% of its planned production in September. Another case is French carmaker Renault: it expects to cut production by 500,000 cars this year. Although many companies have been making decisive moves, they haven’t seen much relief so far. On the other hand, NEV leader Tesla (TSLA:NASDAQ) delivered another record quarter again.
Why didn't the shortage bother Tesla much? When will this supply chain mess be over? What's the crisis' implication on EV stock valuations? This article will answer these three questions.
As we argued in our latest research report, there are at least four major factors causing this component shortage:
The capacity cycle in the semiconductor industry
Lockdowns affecting key suppliers
Fast-growing demand for electronics
Climate hazards and natural events
The first and third reasons reveal the long-term bottleneck in the chip industry. Among other implications, this means most OEMs now need to pay more to get essential components. With its great cost control and supply chain integration, Tesla is likely to remain the least affected EV brand. Among Chinese companies, BYD can resist surging costs – but to a smaller extent than Tesla. NIO, XPeng and Li Auto will have to spend more money to deliver cars on time. Li Auto, for example, is said to buy chips at 800 times the normal price. We'll start with the semiconductor chip-related reasons.
An eventful year
The semiconductor shortage is both accidental and inevitable. Auto chips only account for 10% of the global semiconductor capacity. But the mounting demand for auto chips occurred along with a trough in the semiconductor market cycle, which has significantly affected global chip production. Before this trough, the most commoditized types of integrated circuits, like DRAM, had seen their prices declining, which made the sector's largest players postpone capacity expansion. Meanwhile, the pandemic forced workers far away from their assembly lines. In Kuala Lumpur, for instance, testing and packaging plants had to shut down for almost three months since June this year. The pandemic also disordered the consuming patterns: demand for all electronics, especially PCs, smartphones and tablets surged during the outbreak. Lastly, the automotive semiconductor supply chain was also hit by a few climate change-caused black swans. In February, extreme weather in Texas caused widespread power outages, affecting manufacturing activities at Samsung, NXP and Infineon.
Dawn in 2022
The crunch is likely to be relieved in 2022 but it will take years to fully meet the industry's needs. Predicting supply chain relief timing is hard, as most companies can only focus on a small segment within the whole sector. We found that most players believe the situation had improved by July but will remain an issue, at least until the end of 2021. Only a few CEOs have expressed longer-term worries.
However, some have extended their auto industry recovery time estimations. IHS Markit's newest forecast indicates that the industry will not enter a recovery phase until 2023. The CEO of chipmaker STMicroelectronics, Jean-Marc Chery, claimed the shortage would likely last at least two years. "Things will improve in 2022 gradually," he said, "but we will return to a normal situation … not before the first half of 2023."
Besides, capacity expansion is rather costly and slow. Auto IDMs don't want to invest heavily in exorbitant fabs, especially those for leading process nodes. But even if some chip designer wants to invest in such a project, it takes around two years to build a fabrication plant and start production. Recently, some Tier-1 companies are changing their asset-light strategies. Bosch, for example, plans to invest more than EUR 400 million in 2022 to expand its fabs in Dresden and Reutlingen, Germany, and its semiconductor testing center in Penang, Malaysia.
Favored electric cars
Albeit auto brands can't get components on time, many of them are now prioritizing EV production. This is quite unusual, given that EV model, on average, need more chips of various kinds; it's also surprising that at the moment consumers need to wait less time to get an EV: "Mercedes EQC, a recently launched EV, has a two-month delivery time, while a GLC, which features a traditional powertrain, has five months," according to IHS Markit. On the other hand, pure EV brands, like Tesla, NIO and Xpeng, keep delivering record sales. The former's fundamentals, however, differ significantly from those of its Chinese peers. Here's why:
1. Tesla's impressive growth is a key negotiation tool. Almost any supplier wants to do business with the one-trillion-dollar tech giant and doesn't want to miss Tesla's future orders.
2. Tesla is self-designing and producing more components than a typical EV brand. The company designs and produces key parts of its models such as electromotors, electronic control systems and battery management systems. What's more, Tesla now designs chips and 4680 batteries in-house. Via developing essential parts of the supply chain, the company has a better understanding of what can happen at other links.
3. Tesla's cars have fewer components. The company is known for decreasing the use of radars and other accessories.
BYD is another 'partly crisis-proof' company in the sector. The Warren Buffet-backed car maker also designs, makes and sells EV batteries and chips, among other products. From January to September, BYD sold 337,579 new energy vehicles, up 204.29% year on year. But the company has reportedly suffered rising costs. According to its Q3 results, BYD achieved operating revenue of CNY 54.31 billion in the third quarter, a year-on-year increase of 21.98%; net profit excluding non-recurring gains and losses was CNY 518 million, down 67.17% year-on-year. More expensive raw materials contributed to the profit decline.
NIO, XPeng and Li Auto are facing levitating cost pressure, and their stocks are likely to plateau after the Q3 results are posted.
NIO Setting Up + Upcoming Catalyst NIO DAYNIO, the electric vehicle company is setting up again after being on a serious downtrend since its surge in January. This surge was the result of lots of "hype" around the name, the rise of Tesla, and its upcoming NIO day which happened on January 9th, 2021. We saw a massive run up the month before, around 60%.
This year, NIO day is happening on Dec 18th, 2021. This should cause an influx of volume and talk about the name. Keep an eye on this one.
In order to confirm the Elliot waves, we still need to create the (E) section of the triangle. Once this is confirmed, I believe we can start rising. However, with NIO day approaching soon, there is the possibility of NIO ripping before the set up completes. I will be watching for any signs of a pullback and be entering calls and shares around the 38-40$ mark.
Definitely keep this one on watch because we know from previous bullish runs, that this thing can RUN. The upside potential is very high here.
Proterra PTRA (1D) Mid Term Plan - LongHi Traders,
This is just my Idea about very potential company for next 5-10 years. (If electromobility can win th battle against hydrogen, than this is one of TESLA competitors.)
Consider your RRR Strategy + Fundaments (Entire market could get into Bear market as well).
Buy zone right now is around 10-7 USD ... Sell zones are marked for partial take profit.
Always look for RSI and MACD Convergencies / DIvergencie - in this ase at least 1D/1W timeframe.
Good luck and enjoy the game ;)
BLNK Earnings move predictionBLNK has been trading in this range since April. It looks like it wants to come down and test the green trend line, but since earnings are after hours, it could end up running throughout the day. Ultimately, I think it will move down $3-$4 for earnings, unless it closes down a large amount beforehand. Total revenue is going up but operating income is getting worse each quarter. I believe future outlook for the next quarter will be cut. I'm keeping this on high watch tomorrow.
FuelCell Energy $FCEL - EV Infrastructure Opportunity Trading Options, Buying Calls. This & #plugpower $PLUG look like great #valueinvesting plays. Biden's "Buy Ametrican Act" paired with a rising rates environment make them prime candidates for future success. Avoid the FOMO storytelling adventures like $SHIB $TSLA $RIVN $AMZN *made in China #stonks
GL
Go #cannabisreform $KERN CEO - USCC Chair
Waiting for the Triangle pattern to be finished | NIOToday we will take a look at the current formation on NIO
From a technical perspective, we are observing a triangle pattern. But what is a triangle pattern?
Ralph Nelson Elliott one of the fathers of modern technical analysis, and the creator of the Elliott Wave theory, Identified that the price moves on impulse and corrective sequences.
One is followed by the other one. Based on that he defined 4 types of corrective patterns
-Flat
-Zig-Zag
-Irregular
-Triangle
He also created a system that helps us know when a pattern is finished or we should keep waiting. The example we will use is a triangle pattern. Triangle patterns have 5 waves ABCDE, once we are able to count those waves and we can define clear edges both on the top and bottom of the pattern, we can think about breakouts and the beginning of a new impulse.
In the current situation of NIO, we can count ABCD, and we should wait for E to be sure that the pattern is finished. Once we have that, we can define activation levels as you can see on the chart, and we can define invalidation levels below the structure. The targets of these structures can be defined using fibo extensions or cloned channels.
The main purpose of this is to find situations that we are sure are finished and avoid engaging on charts that we don't have certainty about that.
So my conclusion on NIO is that the pattern is not finished yet, and I would like to see that E wave before thinking about the idea of a new bullish trend happening. Thanks for reading!
Rivian IPO Ponzied - Story Telling FOMO - Show Me Revenues!!Rising rates kill crypto & stonks dreamers. Small cap gems win. For next decade. US10Y on the up. #cannabisreform. Volatility SPIKE - large caps to small cap Quality VALUE gems. Revenue GROWTH matters!! #valuation
Jobs & Justice
$KERN has the DATA!