Tesla - Make It Or Break ItHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
In 2020 we saw a major triangle breakout on Tesla which was followed by an incredible pump of +1.500%. Since 2021 Tesla has been again trading in a triangle pattern with support at the $120 level and at the $200 level. If Tesla breaks above the trendline mentioned in the analysis, I am looking for long setups. But Tesla could still also break below the $200 support area.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Electricvehicles
RIVN Is Rivian the next TSLA?Yesterday, I observed some unusual blocks of calls in the options chain expiring on Feb 23, following the earnings release.
One of the most substantial positions was in the $20 strike price call, with options traders paying $1.7 million in premium.
Listening to analysts, some mentioned they expect a 'TSLA Model 3 moment' from RIVN as well.
In addition to Amazon, which has agreed to purchase 100,000 delivery vans from Rivian, AT&T is set to acquire its electric vans and R1 vehicles in a new pilot program starting in early 2024.
On the other hand, the CEO stated that he anticipates Rivian reaching a break-even point on each EV built by the end of this year. We will likely hear more about this on the earnings call.
I am extremely bullish on Rivian's upcoming earnings release!
VinFast Auto ($VFS): A Prime Time to Ride the EV Revolution
The electric vehicle (EV) market is booming, and among the promising players, VinFast Auto (NASDAQ: NASDAQ:VFS ) stands out as a captivating investment opportunity. The Vietnamese automaker has been making waves with its innovative approach, state-of-the-art production facilities, and a lineup of vehicles designed to break barriers. In this article, we explore why VinFast is not just another EV stock but a compelling choice for investors looking to ride the wave of the electric future.
Innovative Vehicles at Unbeatable Prices:
VinFast's entry into the U.S. market introduces a game-changer: the VF3 SUV priced at a remarkably low $20,000. This disruptively affordable price tag challenges the industry norm and positions VinFast as a potential leader in capturing mainstream consumers. Breaking away from the conventional belief that EVs must be priced above $35,000 to appeal to the masses, VinFast's VF3 opens the door to a wider market segment, making EV ownership more accessible than ever.
Strategic Expansion and Dealer Network:
VinFast's strategic vision extends beyond innovative vehicles. The company has wisely recognized the importance of traditional dealerships in reaching mainstream consumers. While some EV makers lean towards direct sales, VinFast has opted to establish a network of independent dealerships across the U.S. The recent signing of dealers in key locations like North Carolina, New York, Texas, and Kansas is just the beginning. VinFast plans to expand its dealership network to 125 points of sale, ensuring widespread accessibility and convenience for potential buyers.
Financial Backing and Production Capabilities:
VinFast benefits from the financial backing of the larger VinGroup, providing stability and support for its ambitious expansion plans. The company boasts state-of-the-art production facilities with 90% automation, a testament to its commitment to quality and efficiency. With a $4 billion EV factory in North Carolina set to produce 150,000 vehicles annually by 2025, and a $2 billion factory in India, VinFast has positioned itself for substantial growth in the coming years.
Market Dynamics and Competitive Edge:
As the automotive landscape evolves, it's evident that success in the EV market is no longer solely dependent on the legacy and size of an automaker. The industry is shifting towards favoring innovation and speed of adaptation. VinFast's ability to introduce groundbreaking vehicles like the VF3, coupled with a nimble approach to market dynamics, gives it a competitive edge in the rapidly evolving EV space.
Conclusion:
While comparing any EV maker to Tesla might seem ambitious, VinFast Auto is emerging as a formidable contender. With a solid plan for expansion, cutting-edge production facilities, and the financial support of VinGroup, VinFast is positioned for success. The VF3, priced at $20,000, challenges industry norms and could redefine the expectations of mainstream consumers. As VinFast gains traction in the U.S. EV market, now might be the opportune moment for investors to consider adding VFS stock to their portfolios, anticipating not just a surge but a sustained rise in the electric future.
Polestar PSNY: Buy the bottom of the bottom of the bottom.Buy the bottom of the bottom of the bottom. It's the only chance to catch the lowest point in Polestar's history.
The purple trendline originates from the lowest points when the volume was at its highest, attempting to force the capitulation of all retail investors and a few hedge funds.
If I weren't already fully invested in this stock, it's exactly at the points of the two orange arrows that I would buy in the most aggressive manner possible. At the point between the orange arrows and the purple trendline!
And if this support doesn't hold? Don't worry... the stock will collapse like you've never seen before... so, since you're already in a tough spot, might as well give it a shot, haha!
Stop buying the dip without careful consideration... Stop buying the dip. You won't be rewarded.
It has been exactly 85 days, 58 market opening sessions, that the stock has been continuously plummeting, non-stop, with an 82% decline, without once regaining any previous high.
When I mention levels, I mean a previous peak.
Start buying when one of my levels: short attack or imbalance, is regained.
No need to rush. Billionaires control this market. They are the ones who decide.
Good luck !
$TSLA #Tesla, just dump it...The TSLA chart indicates a notable presence of lower gaps that are yet to be filled. These lower gaps signify potential areas where the stock might experience downward movements to reach previous price levels. The current situation suggests that if the support levels represented by rectangles do not hold, there is a higher likelihood of rapid downward penetration.
Investors and traders should closely monitor these support levels as they play a crucial role in determining the stock's future trajectory.
Very bad news... If I wanted to be as pessimistic as possible..."Swedish EV maker Polestar misses target for 2023 deliveries"
Polestar has not reached its delivery target for 2023. The brand delivered around 54,600 electric cars worldwide last year, falling short of the annual target, which was recently lowered to 60,000 electric cars.
-40% is the drop that NASDAQ:PSNY experienced during the previous earnings announcement... Appointment in 22 days...
Stock market is absurd... indices are soaring to the sky in orbit.. and the EV sector is collapsing like a house of cards.
By the way, Volvo is accelerating its descent into a downward spiral... someone is likely to be fired if this continues. Stocks are plummeting after Polestar missed its annual sales target, and Volvo is temporarily halting production in Belgium due to the situation in the Red Sea.
Geely trims its stake in Volvo Trucks, redeeming bondholders with shares worth over 7 billion SEK ($911 million), reducing ownership from 8.2% to 6.8%. The move aligns with Geely's communicated strategy, emphasizing a strategic, long-term investment in Volvo. This follows Geely's divestment in Daimler Truck Holding last year, sparking speculation about its influence at Volvo. Despite changes, Geely maintains a steady presence in the automotive landscape.
$PSNY Here we go... the stock is about to hit its all-time lowEarnings coming, Polestar 4 on the horizon, and then Polestar 3... 💎 🙌
The stock held the historical support... are we going to witness the same scenario as in May-June 2023?
A rebound of +40%?
Or has the electric bubble burst, and the stock is heading towards 1.80-1.70?
The new strategy displayed on the screen has evidently triggered a short position at 2.11 and is currently in a short position. Will there be a profit-taking by short sellers and a rebound? We will see.
By the way, each rectangle represents areas that are crossed quickly and effortlessly...
The Wizard with a Magic Wand !!! - Ward Wizard MobilityWardwizard Innovations & Mobility Limited is a publicly-held electric vehicle manufacturing company based in India. It is engaged in manufacturing eco-friendly electric scooters and vehicles. It operates in the electric vehicle manufacturing sector in multiple countries, including India, Uganda, and Nepal
IPO began in 2015 with the initial price around Rs. 2 - Given the focus on Electric Vehicles the price skyrocketed to over Rs. 100 / share within 7 years - literally 50x. Later it started a Flag pattern consolidation on weekly and price fell around 30-35 levels before taking a Bullish Reversal
India is leading in the Renewable Energy space and even till date the # of 2 wheelers in India is multiple times higher than 4 wheelers. EV Boost has even aggravated the Electric 2wheeler space. Though this stock does not have much history on charts - this is a Multi-bagger stock which is set to Write its own History
Technicals:
The initial call was given around 40 Levels and today it trades 82+ - a staggering 105% in a matter of 6 months.
Currently the price has completed a Rounding Bottom BO above 78 and today's 13% increase accompanied by significant volume accumulation for the past 15-20 weeks is a strong confirmation of BO.
Target: 95, 120, 140++
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Tesla - Expecting The BreakoutHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
All the way back in 2019 Tesla broke out of a longer term falling triangle formation. This breakout was followed by a crazy pump of more than 1.500%. At the moment Tesla is once again forming a falling triangle formation and if Tesla breaks above the resistance trendline which I mentioned in my analysis, we could certainly see another crazy rally with new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
The Electrified EV Chemical Industry - (1) Himadri SpecialityWith Indian Government set to replace 800K Diesel Buses to EV by 2030, there is strong Focus and Growth potential on Companies manufacturing EV Related Chemicals
Let review each EV Chemical sector companies
1) Himadri Speciality: Multi-Timeframe Analysis
Monthly: Parallel Channel - Rounding Bottom BO done and nearing Target of 350+
Daily: After Rounding Bottom BO - it is travelling inside a Smaller Parallel Channel with a Fib Retracement of 0.5
Targets - 355, 410, 500
Immediate resistance to cross - Channel BO above 315 WCB
Tesla - My Trading Plan For 2024Hello Traders, welcome to today's analysis of Tesla.
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Explanation of my chart analysis:
Tesla has been trading in a triangle continuation pattern for a very long time now. We saw the same type of pattern back in 2019 followed by a 1.500% pump. A breakout above the current resistance trendline could lead to a similar price behavior.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
$WKHS - Bottomed Chart - 93M Marketcap - 80% CTB, 0 short sharesIt's going to be an interesting start of the year. WKHS has resolved their HVIP issues according to their latest earnings. 93M marketcap for something that will do 10-15M in revenue in 2023. With the HVIP issues resolved, this should pick up in 2024. 80% cost to borrow rate currently and 0 short shares available. An excellent squeeze candidate. I have a position here. Make your own financial decisions.
RIVIAN Channel Up targeting $35.50Rivian (RIVN) gave us a great break-out buy entry on our previous November 29 analysis (see chart below) as it broke above the Inner Lower Highs and hit our $21.00 target:
The pattern that is now dominating the 1D log chart is a Channel Up. The 1D MA50 (blue trend-line) is about to negate the recently made Death Cross and cross back again above the 1D MA200 (orange trend-line) to form a Golden Cross. This will be a strong bullish continuation signal for the current bullish leg of the Channel Up. We are bullish again on this stock, targeting $35.50, which is the 1.382 Fibonacci extension, the Feb level where the previous Higher High was made.
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TESLA Major bullish break-out above July's Lower Highs.Tesla (TSLA) broke today for the first time and even closed the 1D candle above the Lower Highs that started on the July 19 High. After 4 months of the bearish trend of this Falling Wedge pattern, today's move is a major bullish break-out for the long term as it opens the way for testing the All Time High (ATH) by mid 2024.
At the same time, the 1D CCI broke above its Lower Highs trend-line, which is always a bullish signal. Also this is the 2nd time that the 0.786 Fibonacci retracement level is tested, which is where both of the previous Lower Highs rejections took place.
On the short-term though we can follow the (dotted) Channel Up extension which after holding the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) as the Support zone, can technically peak on a +19.80% rise, like the first bullish leg. That falls within the Resistance 1 - Resistance 2 zone. We will pursue the more modest target of 268.85 (Resistance 1). If the price then breaks above Resistance 2 (279.00), we will re-buy and target 299.50 (Resistance 3).
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NIO STOCK BULLISHNIO stock is forming a bullish divergence on the weekly & daily RSI chart. This stock has been absolutely hammered the last couple years due to inconsistent supply issues as well as getting out of unprofitably that most new companies struggle with. However I do believe with projected earnings being over 2B the company should be getting over its hardest time & hopefully moving upward again soon. This stock has an average price target of 12, and while I believe that is quite low - it’s still a 70% INCREASE FROM CURRENT LEVELS. I do think it will run to 21-22 area for a 200% RETURN.
TESLA Moment of truth for long-term buying. Will it fail?It was almost a month ago (November 03) when we called for the start of a rally on Tesla (TSLA) as part of the bullish leg towards the top of the Falling Wedge pattern (see chart below):
Today the stock hit our $250 target and immediately got rejected at the top (Lower Highs trend-line) of the Wedge. That was on the 0.786 Fibonacci retracement level of the previous Lower High, the exact symmetrical level where the September 15 High was rejected.
This is a critical moment for the trend as failure to break and close a 1D candle above the Lower Highs trend-line, will maintain the bearish structure of the Falling Wedge, forcing us to sell again and target the 0.618 Fib level at $217.15. If however we close that 1D candle above, the Falling Wedge gets invalidated and with that the bearish trend, which transitions into a Channel Up (dotted lines) on the medium-term. In that case we will dump the short (low risk with the SL on the Lower Highs) and resume buying, targeting Resistance 1 at $268.85.
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RIVIAN Potential triple bullish break-out ahead. Target $21.00.Rivian Automotive (RIVN) remained supported within the (green) Higher Lows Zone and on a significant Bullish Divergence on the 1D RSI (in the form of a Channel Up). This is an early bullish sentiment signal but the real technical catalyst is right ahead.
That is the Triple Resistance zone consisting of the Inner Lower Highs trend-line as well as the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line). This is a strong bullish combo signal if broken but in our personal opinion breaking and closing a 1D candle above the Inner Lower Highs will suffice. If successful, we will target $21.00 (the 0.618 Fibonacci retracement level, which would make a Lower High at the top of the 4-month Bearish Megaphone (the 0.618 Fib was where the previous Lower High was formed).
The pattern since the July 27 top is a Bearish Megaphone and Tuesday's low isn't only a Higher Low on the Support Zone but also a technical Lower Low on the Megaphone's bottom. The previous Lower Low rebound formed a top on the 0.618 Fibonacci level. As a result our short-term bullish target is $21.00.
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TESLA Bullish long-term if this level breaks, targeting $365.We have presented our short-term view on Tesla (TSLA) 3 weeks ago (see chart below) when we issued a buy signal on the Inverse Head and Shoulders (IH&S) bottom pattern that transitioned into a Channel Up, similar to the Aug 18 - Sep 15 bullish leg, that is very near to hit the $250 target as part of the Lower High formation on the 4-month Channel Down:
On the 1W time-frame, we see that the bullish trend of 2023 is still restricted by a long-term Lower Highs trend-line that started on the week of November 01 2021, which was the All Time High for the stock. If this Lower Highs trend-line (can be also viewed as the top of a Channel Down that only broke during the Dec 2022 - Jan 2023 market bottom formation) breaks, then Tesla most likely restores the bullish trend on the long-term.
It is very likely to do so immediately in the coming weeks as the correction since July can be interpreted as the Right Shoulder of a very wide Inverted Head and Shoulders (IH&S) pattern. If symmetry indeed exists between the two Shoulders, then Tesla aims at $365 long-term.
Since however we like to minimize risks at Tradingshot and take one target at a time, we will initially target $295, which would make a +52.28% rise from the October 30 Low, the lowest registered rise since the Bear Cycle started, and then buy after a pull-back.
Note that the 1W RSI already bounced on the Buy Zone that only failed once to give a rally, during the Dec 2022 - Jan 2023 market bottom formation, while the 1W MACD is close to forming a Bullish Cross, when all previous (three in total) occurrences delivered rallies of over +50%.
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$LTHM STOCK - Time for Growth?📈 LIVENT Lithium Analysis - CHINA Destocking / Supply shocks & Merger Speculations
Welcome to Helios Capital Investment! In today's video, we dive deep into the world of lithium and dissect the financial landscape of Livent Corporation (Ticker Symbol: LTHM), a key player in lithium extraction and refining.
🌐 Market Dynamics:
With the lithium market being a crucial player in the global shift towards electric vehicles and renewable energy, Livent has been navigating through turbulent waters. Our analysis explores the impact of China's destocking efforts on lithium prices and how Livent is positioned to weather this storm.
💼 Merger Imminent?
Rumors are swirling about a potential merger, and we break down the implications for Livent and its investors. What could this mean for the company's strategic positioning and market share?
📊 Financial Performance:
Delving into Livent's financials, we examine revenue trends, costs, and the company's ability to maintain a competitive edge in the lithium sector. How has Livent performed in comparison to industry benchmarks, and what does this mean for its future?
📉📈 Stock Analysis:
We take a close look at Livent's stock performance, assessing key indicators and considering factors such as valuation and growth potential. Is now the right time to invest, or are there warning signs that investors should be aware of?
🤔 Key Questions Addressed:
How is Livent positioned in the face of China's destocking efforts?
What are the potential outcomes and impacts of a rumored merger?
Can Livent maintain its competitive edge in the lithium market?
👍 If you find this analysis valuable, don't forget to like, share, and subscribe for more in-depth financial content! Let's navigate the markets together.