Buy DCFC TritiumLovely looking monthly chart here on this recent electric charging ipo on the nasdaq. The three monthly candles of Jan, Feb and March show a very nice bullish pattern.
Biden ramped the hell out of this one, when the management met him and he talked about it in his press conference right up to $20 in one day before profit takers stepped in. Nice one to buy at 8.8, hold and forget about for a few years. Expect this one to grow a lot.
Electricvehiclestocks
SLI - Standard LithiumEntered trade as SLI came through the previous week's high after a two month pullback to the 100-day line and experiencing volatility contraction over the last couple of weeks of trading. My stop loss is under Thursday's low.
If the Electric Vehicle trade stays hot, the lithium stocks, such as SLI, should continue to rise with the E.V. stocks.
XPEV BULLISH WITH CONSOLIDATIONAll the buying prices. trend is neutral with consolidation. all the stocks are trying to absorb the market sentiments and news. its my research work not an financial advise. good luck.
Fisker-Reverse Head and Shoulder, bullish trend repeating againForming reverse head and shoulder
followed by
forming again reverse head and shoulder with bullish trend with consolidation.
Anticipated news is helping to form this chart. remember the market factors is unpredictable so always keep money for dollar cost averaging.
my price target is 32 dollars till 2021 December.
this is not a financial advice. it is just the idea.
I am using my 10 years of expertise of education and stock trading to form this chart. Good Luck.
Please Like the idea if you agree...So others can also know about your thoughts...
TSLA 1 Year Fib Retracement Levels In TactThe 1-year breakdown on the TSLA chart shows that the Fib levels remain consistent for the most part. This current level around the 382 fib line has been a decent support shelf over the last 12 months. It tested the 50 Fib a few weeks ago, which held as the retracement ended up bouncing back to where it's at right now. I'd like to see more volume, though. But something tells me that without an industry catalyst, it might tread water here for a minute. More importantly, we'll get to see what Q2 performance figures look like next week. Tesla just announced:
"Tesla will post its financial results for the second quarter of 2021 after market close on Monday, July 26, 2021. At that time, Tesla will issue a brief advisory containing a link to the Q2 2021 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook."
Depending on the outcome, it could be something to keep track of for the broader EV space including some of those "lovely" EV penny stocks .
Simple Support/Resistance Levels ADOMADOM has been a fun stock to watch. It finally tested its lower support level a few weeks ago. Now it's approaching another pivot point on the chart that has been support and resistance. It will be interesting to see if we get another boost to EV stocks again before the end of the month.
"On July 7th, Envirotech received a $400,000 purchase order from Joseph Holdings for five vehicles. CEO Phillip Oldridge said, 'This order is a promising start to our FAR relationship with Joseph Holdings and we’re pleased to have this opportunity to begin providing our innovative, high-quality, conventional and special purposed electric vehicles to the Caribbean market.' The past one-month of momentum with ADOM stock has been high to say the least. On June 10th, ADOM’s stock price was at $0.25 per share on average. Now on July 9th, the company’s stock price is over $0.38 per share. ADOM’s volume is also much higher than its market average right now. There are a few possible explanations for this. The market for electric vehicles is rapidly growing at the moment. We’ve all seen how companies like Tesla Inc. ( TSLA ) have gone up significantly in the past year or so. This momentum affects smaller EV companies like Envirotech as well. Whether this makes ADOM a part of your watchlist right now, is up to you."
Quote Source: 7 Industry Leading Penny Stocks To Watch in July 2021
SGBX Building Blocks For Which Direction?SGBX has had a great run so far, can't argue with that. But now that volume is a bit lighter, is it building blocks for new highs or for a failure at resistance again? The .50 Fib line has been a relatively consistent area of resistance over the last few weeks. Meanwhile, .618 seems to be an area that SGBX has bounced from after a pullback. As it approaches the 50 again, volume could play a key role. Also, any industry influence may be something to pay attention to as well. For instance, it has exposure to several popular niches including EV:
"SG and Blink Charging Co. (NASDAQ: BLNK), an owner/operator of EV charging equipment and services, entered into an exclusive Master Development and Production Agreement last year. Blink’s EV charging solutions will be deployed along with SG Blocks’ container-based modular building structures. Essentially, the two will create EV charging containers providing charging solutions for EV drivers. While this isn’t the only industry SG focuses on, it does give them some exposure to one of the newer tech niches to watch in 2021."
I think as this continues to consolidate, the $5.70 area may be the closest to pay attention to for it to either break and hold above or fail. Also, depending on the volume (and it isn't on the chart right now), the 50DMA is starting to curl up toward the 200DMA. Volume would need to pick up to confirm any possible golden cross however. We'll see what happens.
Quote Source: Best Penny Stocks To Watch If You Like Tech? 7 For Your List In 2021
