Chinese Stocks Inverse H&S reversal? BABA had strong earnings and beat earnings expectations.
The stock popped and retraced back however it is showing nice support on that right shoulder along with XPEV and & NIO.
I like these stocks as a buy here and think they can easily reach the neckline resistance by the end of the month. They
They have all broke their respective downtrends.
XPEV & NIO have earnings this month and with many people converting to electric vehicles they could surprise us in a good way.
Im still skeptical on SPY at current levels so I would like to see how these stocks react on the next retracement/correction/continuation.
EV
$TSLA Analysis, Key Levels, and Targets - REQUEST$TSLA Analysis, Key Levels, and Targets
I just want to say that I do not trade TSLA. This is for my good friend @rock1986
MacD is one of the best momentum indicators… and on the weekly timeframe it does not support a move above the W35EMA. Not yet. I’m not saying that it can’t, but it’s not likely.
LOL… @rock1986… I hope that at this point, you’ve followed my charts long enough that I hope you know what I’m saying without the need for me to explain….
Lots of targets for you, and for me as well…. If you have any questions let me know… the addition of the bear flag was your idea… (and it would justify target 3)
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
$NIO a technical blessing 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Chinese Electric Vehicle company $NIO today at $22.50 per share. Our first take profit is set at $27.50. We also have a stop loss at $21.
OUR ENTRY: $22.50
FIRST TAKE PROFIT: $27.50
STOP LOSS: $21
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Price Moving Into Resistance But Still Looking Bullish!Hello Traders & Spectators,
LCID has fallen a lot in the past few weeks like everything else but has found a temporary bottom and is now looking to move higher. It is now at a major resistance that it hasn't been able to pass previously but since this resistance has been tapped so many times, that means it is getting weaker. A relief pump seems to be unfolding and ii can see prices pump to the dashed lines above. What do you think?
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Sono Motors (SEV)This is a chart of the solar EV company Sono Motors (SEV). The company is headquartered in Germany and went IPO on the Nasdaq in 2021.
This stock is presenting a decent risk-to-reward setup because it has been finding support within important Fibonacci convergence zones (yellow area). I created this Fibonacci convergence zone by using trend-based Fibonacci retracement combined with a long-term Fibonacci drawn from the stock's highest ever price down to a price of zero. Any bottoms that form in or near this Fibonacci convergence level will likely be extremely significant.
Aside from a Fibonacci analysis, a double bottom recently formed on the daily chart. Of further note, IPO stocks have been showing signs of beginning to outperform the broader market. While the broader market was making lower lows in June, many IPO stocks, such as SEV, have been making higher lows. Oscillators on the longer-term charts validate this trend by showing signs of beginning to oscillate back to the upside. This is a long-term bullish signal for IPO stocks. Here's a great post by @TradeStation for a more in-depth analysis of the recent IPO outperformance:
$NIO Analysis, Key Levels, and Targets$NIO Analysis, Key Levels, and Targets
So I don’t have a NIO position at the moment, but I did yesterday… I closed my options out in January and for a 17% move in NIO I took 25% on my options…. Not a bad day, and it was just a 1 day hold… and when NIO dips I’m buying again…
I like NIO, and to me it’s starting to look very bullish. It’s likely to become one of my regular plays again along with RIVN and LCID. I might even play TSLA again at these levels. I do believe that EV companies will do well in the next few years.
Any other EV or FuelCell companies on your radars??
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
$TSLA Analysis, Key Levels, and Targets (REQUEST)$TSLA Analysis, Key Levels, and Targets
I got a few requests for Tesla…. I don’t actually trade Tesla often - I did last month and did great 💃🏻- but I track it…. I don’t think I changed a whole lot from the last chart…. I have a few targets below that if they hit I’d go long for a quick scalp…
Hopefully whoever asked for this knows how to read my charts because there’s lines errrrywhere…
Have fun, y’all…
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
$TSLA tweet about it 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team entered electric vehicle company Tesla $TSLA today at $881 per share. Our take profit has been set at $1100.
Elon Musk: "Tesla has diamond hands"
Our entry: $881
Take profit: $1100
If you would like to see more, please like and follow us @SimplyShowMeTheMoney
$CHPT up 32% in the last 7 Days will we see profit taking? No doubt chargepoint is a great company and is cheaper than last year. BUT we are still in a bear market, can we see some profit taking or will we see it continue to trend up. I believe we will see some red and profit taking and will come down just a bit before another run.
Did you miss $680 TSLA opportunity and waiting for another one?NASDAQ:TSLA
Yes, $TSLA split is coming in 2022. Maybe by October.
Should you buy now?
Not financial advice, but history tells us that the prices pops right back up right after a split.
So I plan to buy now at a discount.
Here is a deep dive into the latest TA on $TSLA
Technical Analysis:
Daily Chart
EMA ( Exponential Moving Average ): Extremely bearish. 20 EMA crossed the 50, 200, and 200 EMA downwards. 50 EMA crossed the 100 EMA and both aiming for the 200 EMA (death cross).
TTM Squeeze: TTM momentum downwards seems to be stabilizing.
RSI: Went as low as 30 with the slow stochastic pointing up and now pointing upwards, crossing 37. Soo, is it oversold? Is now a great time to enter?
Fib Levels: Currently between .786 and .618 ! The war is on! The current candle most cross and hold above .618 fib levels for a bullish movement.
Candle Stick: Summary of last 5 candles equate to a bearish movement. The last pairs look like a Bearish engulfing
Pattern: Current candle is what we call a Piercing Pattern or Bullish Engulfing . This is bullish . Even better, see that redline... we could have a double bottom forming (Last bottom was Feb. 24th). The could lead to a bullish price action.
All indicators except for the EMA's show that we experiencing a reversersal or bullish movement. It may be short lived as the EMA's are still extremely bearish. So if you're looking to buy TSLA in the short-term in the $600s you might not see it anytime soon. The PPI, CPI, and Inflation data are already out and most tech earning reports are out as well. A drastic market news might bring about the opportunity again. In the meantime, I'll see about DCA's in the lower $700s in the meantime. No one knows the bottom.
At the moment, I really think, it depends on what happens at this critical point. A failure at .618 would mean that we are going down to .60 cents. If and when it holds hope we can see the price at .97 cents.
TSLA broke 800; M-pattern may reach 540 bef rally back to 800TSLA in a downfall breaking 800 making a M-pattern. Next supports are 700, 600 & the ultimate strong support at 540.
If TSLA does not quickly recover 800 in the next few days, 540 may be the final destination. I dont think Elon will allow price to fall below 540. (Remember his tweeter offer was at 54.20?). Also 517 was a 0.618 retracement level from pandemic low (where the great rally begun) to the 1243 top.
I projected a fractal from the yellow box to see how TSLA will move going forward if it consolidates within the 800 to 540 zone.
If TSLA bottoms at 540, the rally back up to 800 will be fast. 540 will end the ABC wave 4 correction & start wave 5.
Not trading advice
Albemarle - Swing trade opportunityToday, an opening gap appeared on the daily chart of Albemarle; as a result, this offers an opportunity for a simple trade setup. We are currently bearish on Albemarle and expect a complete retracement of the opening gap. Therefore, we would like to set a price target for Alb at 198.44 USD.
Illustration 1.01
Albemarle opened up almost 7%.
Technical analysis - daily time frame
RSI and Stochastic turned bullish. DM+ and DM- performed bullish crossover. However, we think these are false bullish signals. We conclude this from a low ADX value. The daily time frame is deceptive.
Illustration 1.02
The picture above shows the short-trade setup.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic are all bearish. DM+ and DM- perform whipsaws, and ADX contains a low value. That indicates the presence of a very weak trend. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
$LPI $LPI.ax$LPI $LPI.ax
#lithium #ev
-Falling Wedge Breakout.
-Macro level back-tested.
-Market capped at congestion zone
Looking for ST pullback and backtest of previous "level" maybe even a stop run and deviation before trigger
WL for now. Expecting small pullback.
MULN retracement complete If you haven`t bought the dip on MULN:
Then you should know that the retracement seems to be complete and the stock is ready for another leg up.
You will need to wait for the reversal candle formation, or at least a doji, though.
My next price target is $5.25.
Looking forward to read your opinion about it.
ZEV all time low | Falling Wedge Chart PatternZEV Lightning eMotors manufactures zero-emission commercial fleet vehicles and powertrains to commercial fleets, large enterprises, original equipment manufacturers, and governments in the US.
In the chart we can see a huge Falling Wedge Pattern, which is a bullish sign.
On 3/29/2022 DA Davidson brokerage Lower the Price Target Buy rating from $17.00 to $13.00
My price target is the 9.30 resistance.
Looking forward to read your opinion about it.
$NIO Key Levels, Analysis, & Targets$NIO Key Levels, Analysis, & Targets
I like NIO. I find it easy to trade, though I haven’t traded it in a few months because the down trend was too strong… and even though I do think that, ultimately it will go lower I think I’m in for a quick swing…
Swing setup
1 at 19.61
1 at 13.72
2 at 10.63
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
If all 3 hit I’d be looking for a 55% swing
And dang… I would love to load up in that gap around 9.50-10.50
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
NILE close to a double bottom on high volumeDuring March 2022, BitNile self-mined 31.7 Bitcoin.
In total, BitNile has self-mined a total of 132.6 Bitcoin.
BitNile Holdings has announced that two of its subsidiaries are combining to create a new Publicly Traded EV Charging and Power Solutions Company, TurnOnGreen.
BitNile will Distribute 140 Million Shares and an Equal Number of Warrants to Purchase Shares of TurnOnGreen to BitNile Holdings’ Stockholders.
Market Cap of only 58.711Mil.
I think this stock has an upside potential of 300%.
Looking forward to read your opinion about it.
RIVN you can still buy it cheaper than Soros If you haven`t bought the all time low here:
then you should know that you can still buy cheaper than George Soros.
Billionaire investor George Soros bought a $2 billion stake in electric truck startup Rivian in the quarter ended Dec. 31.
His average should be around $100.
My short term price target is 69.50.
Looking forward to read your opinion about it.