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 :)
Electricvehicles
Breakaway GapWhen the price opens above a significant resistance area it is known as a Breakaway Gap.
This is a bullish signal and indicates the start of a strong trend.
Although some would argue that gaps must be filled it is important that we identify what type of gap we are looking at.
Breakaway Gaps are usually backed by a positive announcement and in this case it is;
PUREgraphite Awarded US$5.57M from the U.S.
Department of Energy (DOE) for New Technology
Development
Price is currently sitting at a major Fibonacci level of %61.8.
It is possible that we at a major resistance however a move above this level
could indicate that we are likely to reach the next target of 4.75
-BreadCharts
$LAZR - Month Long Bull Pennant Breakout$LAZR has been consolidating for quite some time - last friday we saw a breakout.
Given continuation, my upside targets are as follows:
TG1: 37.34
TG2: 39.72
TG3: 42.71
TG4: 46.29
TG5: 50.22
Invalidation under: 29.46
Leave some feedback below if you have any!
And don't forget to like and follow if you'd like more 👍
$NIO - Flag Breakout - Anticipating New Highs$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!
And don't forget to like and follow if you'd like more 👍
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
RMO over 24.14Romeo Power is a Southern California-based battery technology company for electric vehicles. What sticks out to me here is not only the pattern (See $FUBO recently for comparison) but the divergence between RSI (relatively strong) and Slow Stochastic (oversold). Based on recent price action, entry above 24.14 should be a clear entry.
Star Peak Energy Transition Corp. STPK in business with Stem INCWhile NIO is retracing too, Star Peak Energy Transition Corp., after making a merger with Stem Inc., and trying to become an industry leader in the energy storage market, is going to consolidating after the end of this first pullback from 38$ 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$
CIIC - Watching for Breakout to New HighsCIIC - Watching for Breakout to New Highs
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ENTRY = 27-30
1st Target = 618fib @ 32
2nd Target = 786fib @ 34
HODL Target = 40+
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
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
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
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.
$THCB NEXT EV BATTERY COMPANY TO EXPLODE (20% SPIKE SOON)This EV Company continues to remain very much under the radar due to the main attention being on $QS QuantumScape exploding over $100 the last week.
In fact, I think it should be the exact opposite... Microvast should be the EV Battery company exploding.
The company is generating revenue $100 Million in 2020 (Nothing Insane), but is already ahead of QuantumScape (Projected to Generate Revenue in 2025).
Microvast has an international presence:
Headquarters in Houston, TX
Manufacturing Center in Huzhou, China
Power Systems in London, UK
GmbH in Frankfurt, Germany
Microvast is positioning themselves perfectly for Company Growth.
The company is already manufacturing and selling Fast Charging Batteries and distributing them internationally.
Microvast's products are currently being utilized in commercial vehicles, but provides AUTOMOTIVE TECHNOLOGY INMOTION with their fast-charging battery modules for our new LMP3 racing car. This just shows how much quality Microvast's batteries are.
Microvast is known for winning the prestigious R&D100 AWARD. This is an award that recognizes the most promising new products, processes, or materials that are being developed and introduced throughout the world.
I encourage all of you to do your own research and consider entering a position.
EVBox Group to Become Public Company via Spac TPGYEVBox Group to Become Public Company via Business Combination with TPG Pace Beneficial Finance
EVBox is a leading global provider of smart charging solutions for electric vehicles ("EV") with Europe’s largest installed base of charging solutions and the most advanced cloud-based software offering.
ENGIE to Retain 40+% Ownership
Institutional Investors Including Funds and Accounts Managed by BlackRock, Inclusive Capital Partners, Neuberger Berman Funds and Wellington Management to Invest Additional $225 Million of Equity Through Private Placement at Closing
EVBox Group to be Listed on the NYSE Following Close Expected Late Q1-2021
Following the transaction, EVBox expects to have more than $425 million of cash on its balance sheet, including a portion of the proceeds of TPG Pace’s fully committed Private Investment in Public Equity ("PIPE") of $225 million, $100 million from TPG Pace’s Forward Purchase Agreements and $350 million of cash held in TPG Pace’s trust account.
EVBox offers a portfolio of both hardware and enterprise software solutions and has built the industry’s largest installed base of EV charging solutions, with more than 190,000 charge ports across 70 countries.
The business combination values EVBox at an implied $969 million enterprise value , and a total pro-forma equity value of approximately $1.394 billion.
finance.yahoo.com