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Huge returns 2021+If you are looking for a good medium to long term hold that could 3x your investment in the next 5 years, consider RMO. Yes, it's in a down trending channel. Next support is close to $14 and note that by March they are redeeming all their warrants, so it is in the companies interest to not see the price skyrocket, in order to attract long term investors. For a swing trade: enter in the $14-15 range, with SL at $12. Profit target 1 $18 Profit target 2 $23 My personal strategy (long term): entering now at 15.2. Will dollar cost if dips to 12. Why I like it: company is growing (lot of new hires). Their tech is a market leader in EV batteries space, with a few clients in discussion. Google "Romeo Power Thermal Management System" and you'll see why they're considered to be ahead of most new entrants in the space. Good luck!
RLong
by Karam08
1
Is CANOO the next big thing ? Hyundai motor was in early-stage talks with Apple about potentially working together to develop an electric car. - Report CNBC So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in 2022, with scaled production and launch planned for 2023. If all goes well, I reckon CANOO will keep climbing to beyond $50. Catalyst/Source: - www.theverge.com - www.cnbc.com - www.hyundainews.com - Joe Biden signs executive orders to cut US oil, gas, and coal emissions
GLong
by GoldCartel
7
45% swing incomingIf there is not a trend break for NIO in the next few days, this thing will likely have a massive run-up to 80$. CCIV or Lucid is currently trading at around 57$, making Lucid a 57*1,2 = 68,4 billion dollar company, as a direct competitor to NIO. However, NIO is far ahead, and their vehicle deliveries might hit 100k this year. NIO's current evaluation is LOW compared to Lucid, whom will likely go even higher on a 100% confirmed merger deal. NIO is in the background becoming more and more attractive as a swing trade or just a great entry for long-term holds. Keep this high on your watchlists!
NYSE:NIOLong
by spacman
5
Proterra Pennant Play! Another EV Company Gearing Up For A Move Proterra NASDAQ:ACTC designs and manufactures electric transit buses and electric charging systems. I am not going to do a big write-up on Proterra, this play for me would be a shorter term swing/breakout play. The company looks solid, their customer base is quite impressive and spans across North America. They are a very diverse company and have established a strong foothold in the heavy-duty electric transportation industry. Chart: Beautiful pennant has developed over the past 31 days and looks to me like we could rally back to $30 if the market complies. I will be watching ACTC for volume. As can be seen from the chart once it was announced Proterra was going to be merging as ACIC we had a huge rally to $31 and then a cool off with a base forming at $24-$25 range. I will be looking to enter on breakout of the pennant with common stock and depending on the IV I may enter 2/19 $25 calls (currently $1.3/1.5). If the pennant breaks down watch to see if ACTC finds support at $23 lvl where it has demonstrated a solid bottom already.
ALong
by DOpeTrades
PLUG over 70.00Beautiful wedge forming here, my guess is that it takes a day or two for price to close right around this level, and then a big break over. Of course this could bust through with conviction on high volume in one day, but more likely that it takes a day or two to set up. Can use the opportunity to position with long dated calls or shares, I think there’s a high likelihood this breaks to the upside. The wedge is a reliable pattern given then strong run up, and EVs are a hot sector likely to continue rapid growth.
NASDAQ:PLUGLong
by SpinTrades
The Ski Mask is on......AlbamarleI see a quick drop in price before the continuation of a tested resistance. I really like this company as they are the largest company within the lithium industry which will be in high demand for the auto industry. Going through a covid phase. They should be ok as the financials are still in ok enough shape to me for growth and long term value. I think price bounces off of $160.38 and shooting up towards resistance and above down the line. What do you think?
NYSE:ALBLong
by Redimere_91
Electric Vehicle Frenzy. Is XL the Next Breakout?!?XL is an EV play that I have been watching for the past couple of weeks. Recent news: 6 days ago they released news on a partnership to develop all-electric and plug-in hybrid refuse trucks with Curbtender. They also were initiated with Buy rating and $30 PT at Canaccord and BTIG. This news gave XL some momentum and we gapped up 8% and tried to break out of the Daily channel. XL sold off hard and gap filled but found a bottom at $20.12 area and has started to bounce. Today we retested the Daily trend line but failed to close above. EV stocks are hot right now (check out NIO and BLNK). XL looked to have the same momentum this morning but failed to hold the gains. Volume: on the 4h chart we can see a stepwise increase in volume as we found support around $20 lvl. Today’s volume may have just been a sympathy play based on the overall EV market but keep an eye on how XL behaves the rest of this week. I am going to be watching to see if we can breakout of this Daily channel. This would set up a retest of $25. The main thing missing from XL is volume. Ideally we want to see >12M in volume. SMA’s: We have the Daily 20 SMA serving as support at the $20.18 lvl and on the 4h chart we are sitting right above the 50 & 20 SMA’s which should help hold the $20 lvl. Plan: I am currently swinging shares at $20.41 avg which I will hold with a stop loss under $18.30. If XL fails to gain momentum and breakout I will be looking for another leg down to the $18.70 area where we had the triple-bottom. If these lvls can hold I will add more shares. If volume and momentum continue into tomorrow and we can break out of the wedge pattern then I will be adding 2/19 22.5 and 3/19 22.5 calls for swings. **I will be keeping an eye on NIO NYSE:NIO /BLNK NASDAQ:BLNK to monitor EV momentum. I am currently in NIO calls as of this morning with the massive breakout. Hopefully, this can continue into tomorrow for XL. About XL: XL Fleet Corp., formerly Pivotal Investment Corporation II is a provider of vehicle electrification solutions for commercial and municipal fleets. The Company offers electric drive systems that enhances fuel economy up to 25-50% and reduce carbon dioxide emissions up to 20-33%, while enhancing fleet operations. The Company offers XLP plug-in hybrid electric and XLH hybrid electric upfit solutions. Its hybrid solutions can be installed onto many of the gasoline and diesel fleet vehicles, including pickup trucks, cargo and passenger vans, commercial vans and shuttles, box trucks and delivery vans. The Company offers its solutions for Ford, Chevrolet, GMC and Isuzu customers.
XLong
by DOpeTrades
3
Xpeng swinging, hitting at least 60 end of feb/beginning of marsWith the recent announcements (european deliveries, sales compared to last year etc.) and fine technicals, we are most likely looking at a second swing here and potentially hitting the 60$ mark at the end of feb/beginning of mars. Maybe even earlier. The recent EV-hype strengthens this stocks relyability even more. I believe we're going to hit the ~140$ mark ,at least, at the end of the year considering the already build factories and the financial backing. Keep an eye out for the delivery growth moving forward, if we keep recieving good numbers from the company the PT is almost a certainty.
NYSE:XPEVLong
by CLGY_Wallstreet
2