QS - Momo playQS has been one of the momo stock of 2020. It is a solid state lithium-metal batteries manufacturer which are used in EV cars. It shows to be the most promising manufacturer out of all of the publicly traded ones.
VWAGY (another runner I posted before) is testing QS batteries. Stock dumped along with all of the meme stonks and also had rumors that a short seller was spreading calling it a pump and dump.
Insider Brad Buss (director) bought 10,000 shares on 5/26 which leads us to think, why not follow?
Looks like it will be range bound and has a chance of running to $50-70/share.
Consult your boomer financial adviser before believing pajama trader posts. You realize that literary anybody on this platform can post whatever the f* they want and it could be a 6 month old kid scribbling on screens.
Happy Memorial Day and thank a veteran or two this weekend! Don't be a drunk douche
EV
ACTC breaking out of downtrend PT $23.5ACTC - Current Price - $18.45 Price Target- $23.50
Options - $15c 4/16 ($345 cost, 0% till breakeven), $12.5c 11/19 ($660 cost, 3% till breakeven)
Waiting for this one to break out of this clear bullflag its printing. As I have said before Proterra which has merged with ACTC is set to get a huge portion of the new government contracts and budget announced last week by Biden Administration. Proterra is the leading US producer of EV busses (for public transport). They have the first moved advantage in the market which should lead them to profitability before most other EV makers.
$FUV Target 22.18 for 48.26% $FUV Target 22.18 for 48.26%
Or next add level is at 7.74
A big portion of the market is moving out of super ultra oversold levels... Might be time to move back to bull... but who knows so always two targets...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
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.
$NIO Target 53.05 for 32.39% $NIO Target 53.05 for 32.39%
Or next add level is at 27.09
Nio has been consolidating pretty well through all of this... I wouldn't be surprised to see a run soon. Good time to start a position if you don't have one...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
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.
$NKLA Target 20.93 for 32.72% $NKLA Target 20.93 for 32.72%
Or next add level is at 10.61
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
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.
$LEV Target 25.08 for 25.71% $LEV Target 25.08 for 25.71%
Or next add level is at 14.82
This one is kind of funny... I didn't know I was holding this... I'm assuming something merged and I ended up with these shares?? Either way, my strategy works for everything so let's see how she does...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
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.
NIO triggered a probable upward move
NIO is about to violate the major broken support around $34.25 after the rebound from the lower boundary of the downward channel on the 1hr time frame.
NIO could target $36.80 and $39.00 consecutively on the short term; with a bullish signals triggered on both the RSI and the momentum indicators.
From a fundamental perspective, Nio's financial condition is improving after debt and liquidity fears slammed shares. Nio's international expansion promises more runway for growth.
Tesla - Out of Battery 🔋-Tesla is not just another automaker and has several distinctive factors that will make it a global leader over the long term.
-Its strong growth will last several more years and the company should be viewed as an early-stage growth company at least until 2025/26.
-This implies a lower multiple and compared to its current valuation, the upside in the next 5 years is not great right now.
-Its current market capitalization is about $550 billion, dwarfing the value of any other carmaker globally by this measure.
-Despite the fact that Tesla still has some advantages over its peers, this position is poised to change in the next 3-5 years, given that due to its own success Tesla’s business model is being rapidly copied by both legacy carmakers and new startups. For instance, this can be seen by XPeng’s (XPEV) business model in China that is clearly inspired by Tesla, or Volkswagen’s (OTCPK: VWAGY) plans to develop a recharging network in the U.S., Europe, and China over the coming years. Moreover, regarding autonomous driving, Tesla is probably nowadays the most advanced company in this field, but XPeng has achieved good progress in China, and technology companies such as Intel (INTC), Google (GOOG), and Apple (AAPL) are also investing in this technology and therefore it doesn’t think that Full Self-Driving (FSD) will be a competitive advantage for Tesla over the long-term.
-Furthermore, most likely, Tesla will be only able to monetize its investments in FSD through selling its own cars, which means that customers have to choose FSD as an option, while other carmakers are most likely to choose technology from a company like Intel than from a direct competitor. This means that automakers that are currently behind in the development of autonomous driving capabilities, such as Stellantis (STLA) for example, will be reluctant to finance a direct competitor and may decide to choose Mobileye’s technology, or any other that may enter the marketplace, even if it may be inferior to Tesla’s FSD.
-Taking this background into account, batteries may be the only area where Tesla can develop a competitive advantage over competitors in the long-term, which may be key to become one of the largest automakers in the world. Tesla is investing significantly in the development of batteries and wants to include them in the car’s structure in the coming years, aiming to reduce costs and improve efficiency.
-According to IEA, sales of EV’s amounted to about 3.2 million units in 2020 and about 4.6 million units when considering also plug-in hybrid vehicles, an increase of almost 50% from the previous year, with China and Europe being the regions that represented the vast majority of EV sales last year. The market share of EVs was still quite low, at only 4.4% of global car sales, but is increasing quite rapidly (it was only 2.5% in 2019 and near zero in 2010) and this trend is only expected to accelerate in the next decade.
-Indeed, global sales projections for the next years is for compounded annual growth rate (CAGR) of about 30%, with IEA projecting sales of 14 million EV units by 2025 and 25 million in 2030, representing a market share of around 22% and 39% respectively, assuming a flat global auto market during this period.
-Tesla delivered close to 500,000 units during 2020, thus despite its leadership position from a technological point of view in the EV industry, its global market share was only about 16%. This is explained by the fact that Tesla has a very large market share in the U.S., being the leading EV manufacturer by far, but in Europe and China, its market share is much lower. This is important because these two regions are ahead in the adoption of EVs and competition is stronger than in the U.S., showing that even in its domestic market Tesla is not expected to be dominant in the future.
-Tesla’s annual production capacity is currently about 1 million cars and with the two new factories, this may well double. Moreover, Tesla may also expand its factories in the future if needed, thus the company’s annual production capacity should not constrain its growth path at least for the next 3-4 years.
-Tesla delivered nearly 500,000 vehicles (from 367,000 in 2019), which was the main reason why its revenues increased by 28% YoY to $31 billion. The automotive gross margin was 25.6%, a much higher level than in 2019 (21.2%), showing that Tesla has been able to achieve economies of scale with increased production and has reduced costs by producing in China.
-Its net income was positive for the first year, based on GAAP, reaching $732 million and its free cash flow was nearly $2 billion, which is a very good achievement for an early-stage growth company like Tesla. Its capex more than doubled from the previous year to $3.1 billion, as the company is investing significantly in its future growth by building new factories.
-In Q1 2021, total revenues amounted to $10.4 billion, up by 74% YoY, and its gross profit increased to $2.2 billion (+79% YoY). Its net income was $438 million, compared to just $16 million in Q1 2020. From a financial standpoint, this quarter was somewhat messy as the company invested in bitcoin and had a $101 million positive impact, making differences with previous quarters less comparable.
Conclusion:
-Tesla is currently trading at an enterprise value multiple of about 11x based on its expected 2021 revenues, hardly a bargain!
-Indeed, its business profile is more similar to Apple for instance, given that both businesses have a strong brand in the consumer market and are based on both hardware (cars and the iPhone) and software (FSD and the App store). Apple is a well-established company that is still growing at very good levels, possibly giving some perspective about Tesla’s valuation in a few years.
-Tesla will only be considered a more mature company by 2025/26, when its revenue growth will start to decline to more ‘normal’ levels. Tesla is expected to have revenues of about $114 billion by 2025, according to analysts’ estimates, and I assume that Tesla’s EV/sales multiple will decline gradually to a level more similar to other mega cap companies, such as Apple.
-This means that a more reasonable EV/revenue multiple in 5 years from now will be about 5-6x annual revenues, which imply an enterprise value of around $630 billion at the middle of the range. Given that Tesla’s current enterprise value is about $560 billion, much of its future growth seems to be priced-in at its current share price, which is not exactly surprising considering the fantastic run it had over the past year.
Credits: Seeking Alpha
Our Opinion: We keep our target @ 380.
FRSX & IZEAIMO those 2 charts are pretty similar.
IF MA 50 weekly DOES NOT hold, we will also leave behind the channel.
so, if it does goes lower below green channel, I would suggest to stay OUT OF THIS.
otherwise, we MIGHT be buying the dip.
have fun and risk only what u can lose
PLS ALWAYS USE STOP LOSS.
TSLA ROCKET OR #2 YAHOO?TSLA is the most discussed Stock of the year. Its valuation is out of every measure there is. Its overvalued.
And yes people are very protective of this, especially with Tesla.
But its the truth.
I don't think it will crash, but in the future, not specifically at S&P 500 index inclusion, the money will shift.
So far TSLA doesn't have any proper competitors that currently would be equal or better than TSLA. But when it happens, people will shift the money to other stocks. Because in my mind TSLA valuation is not Tesla's, but the EV's + Solar + Battery + Insurance + Self Driving valuation in total that is just currently alocated to the best spot there is: TSLA. That money will belong to some competitors in the future.
Not saying China will crush USA, although I can't deny its growing power. The agreements and steps the new president will make will impact the whole decade.
A 20% China Securities / 60% US Securities / 20% Crypto is one of my favorite portfolio allocations for a larger portfolio.
comparison between PSTG (pure storage) and NIO (nio).on the right we have nio, trying today to break over the MA 50 dynamic resistance, and on the left we have pure storage, trying to bounce off the MA 200.
as you can see, both of them bounced off the MA 200, but while nio did jump high today, pure storage didn't yet.
because of that, I believe we will see a jump within 2 weeks in pure storage too, not a big %, but yet not a trash can.
anyway, rejecting the MA 200 4 times is an amazing thing, and if the price can start to climb again, we may see it reaching a new high in both nio and pstg.
lastly, I would suggest you to check nio and compare it to pstg whenever it is possible, as long as the correlation between the 2 remains.
logarithmic chart
basic chart
TESLA in 2020 vs APPLE in 2000, what if..I tried to compare the 2020 Telsa bull run vs apple during the dot com crisis
what if we are in an EV bubble that is comparable to the dot bubble?
could we predict how it will go this time?
as we saw in 2000, the internet was intended to become a great thing, but not yet.
what if the EV is intended to become a great thing, but not today? maybe in 20 years from now?
I suggest you look for other stocks related to EV, green energy, and all the trendis right now, and by comparing those with the FAANG in the dot com bubble.
$TSLA Looking for easy 10-15% gainIn the short term, TSLA will likely bounce upward off its trend line, making this play an easy 10% gain.
Long term, I'm guessing that the production quality of updated Model S and X cars will be much higher than previous cars, sending the stock back into the 800-900 range, if not higher.
Having said that, if TSLA didn't fix its production quality issues while retooling its production lines, then this company is ran by a bunch of buffoons and its stock deserves to crash.