SOLO Still Consolidating, Ready to PopSOLO has been consolidating too long, Low IV and large upside potential with EV being hot, I like $7 weeklies here!
EV
SOLO go longSOLO should finally be a buy at the open. As long as it doesnt get away with quick double digit gains. The 8 should cross the 13 at the open, it looks up about 6% premarket. The MACD is almost above the zero line.
TSLA: Up or Down? I know you guys like NASDAQ:TSLA so I thought I'd see if I could find levels. This thing looks interesting but I can't see anything good here, however something may set up soon! If you're in, congratulations I don't usually check out TSLA.
Stay safe.
Li Auto Inc $LINice set up and plan for $LI. Currently in $LI 35c 1/15 and followed some UOA flow today with a small long position of $LI 45c 1/29. We broke passed $33, but still need a close above to confirm we broke the resistance. Looking to exit my 35c by this Friday (1/8) and roll out my position to some 1/22 expirations. Always open to feedback on TA, so feel free to let me know what you think and what positions you are looking at with $LI.
Nikola signals to break-outNikola has performed as a young crypto coin from May till June last year, has had a 85% retracement, but has broken out the yellow descending wedge and has touched an old high of March 2020. We had an sudden rise after first break-out before the announcement of GM, but an abrupt decline right after the cancellation of the electric truck production and 11% stake in the company, which brought Nikola even below the 20 usd. Though, we should go up again and if we break 25 usd, this should be a go. On the other hand we could have a flatliner and a continuation which we know with crypto and this could interlude a longer correction and winter for the EV market. Tesla looks to be nearing a turning point as well.. Let's wait and see. Though a very good entry point for Nikola.
XPEV Potential BreakoutXPEV seems to be holding the 41.64 range very well, with a bull flag forming. There was lots of buying volume flowing in EOD, watch for a move up tomorrow - a break of 43.94 should result in a rip. 45.36 key level, 51 ultimate PT.
Li Auto - A good buy opportunity Despite US Audit condition on Chinese stocks only negative impact but they still have 3 years to meet this condition and as EV sector this stock can rise more following NIO/XPEV. But this stock still cheap and looks stable.
WKHS Workhorse Big Electric Truck Order | BullishPride Group Enterprises, which operates 17 retail and rental truck locations in the U.S. and Canada, ordered 6,320 vans for delivery between this July and 2026.
Cincinnati-based Workhorse expects to build 1,800 vans this year.
Workhorse plans to begin fulfilling a pending order from United Parcel Service (NYSE: UPS) for 950 C-Series vans this year. It had a total backlog of about 1,100 vans at the end of the third quarter of 2020, not counting a 500-truck order from commercial vehicle distributor Pritchard Cos. (source: benzinga.com)
Please leave me a message if you want to test the buy and sell indicators that i am using.
Switchback Energy Acquisition can go even lower?Switchback plans to close on its merger with ChargePoint in early 2021.
ChargePoint is rapidly growing its charging station network in the U.S. and expanding in Europe.
It expects sales of its charging ports to grow by seven times through 2026.
But investors drove shares up beyond what is reasonable.
Even after today's drop, the combined company would be valued at over $9 billion, triple what the equity value was predicted to be when the transaction was announced. (source: fool.com)
Please leave me a message if you want to test the buy and sell indicators that i am using.
NIO possible wave 3 formingwave 3 could be setting up, with NIO DAY as a catalyst...
not financial advice
TSLA possible wave 3 reached, wave 4 formingWave 3 possibly reached...now seeing if a retracement for wave 4 occurs
buying opportunity at the wave 4 retracement levels
not financial advice
GOEV Support Level$GOEV seems to be holding pretty well above the $14 support level. With the craze for EV and Canoo providing eye-catching solutions in the EV world, this might soon start going up again. A possible swing trade will be around $14ish with a stop loss at around $13.70ish and a take profit at around $20 - $24. Once it reaches this level, look for strong catalyst and volume to keep going for new highs.
NIOwe are on our way to confirming our 3rd higher high. positive accumulation about to be further confirmed.
Long? Potential reversal for Chinese EV StocksStrong day for chinese EV Stocks today, may indicate a reversal to a long, MACD seems to be flattening after today, we will see the rest of the week if it gets momentum upwards and MACD crossing up.
NIO Day run upNIO playing the run up to 1/9 could see a run up at open lowest i see it going is 44.98, Over 46 we should see some nice movement to 49.84
Over 49.84 I can see 53. under 44.30 I would cut short term.
MG Magna International Looking to buy into Magna as an EV play with reputation and track record. Big break out on some news. Looking for it to retest the previous ATH and would like that to fail and hopefully I can get in at the low 80s. Same with others, I’m not in a rush to get into this. RSI showing over bought. I should be able to get some sort of discount here.
$SBE chargepoint - beautiful setup (similar to QS!)Beautiful setup on $SBE (Chargepoint)
Targeting 56
Holding 50c 1/21
GP Long IdeaBuying GP here, the EV market is just making crazy gains. This one looks ready to go. Price above the supporting moving averages.
TSLA where to next? retracement at 650+ or pullback retrace 600where will tesla go next? retracement zone at 600-650, and 650-700. Could also break above 700 and trend higher but with stimulus checks falling through I doubt it will spike. We're just hoping it doesn't sell off come monday dec 21 aka sp500 inclusion date.
My take is this. Tesla has spiked up rapidly due to the index buy up. come monday all the short term traders will dump their positions. massive selloff possible, with a correction upward possible when the long traders see a bargain post sell off. trade accordingly. good luck.
$VLDR $HYLN in Sync Trend Reversal$VLDR (green line) is pretty much the same chart structure as $HYLN. Every dip post trend reversal will be a great buying opportunity (green zone).
