EV
ML: $2.10 CAD Target by End of OctoberFor those of you who are interested in the lithium surge and want to see a stock that I am quite interested in, I am looking at ML at the Toronto Stock Exchange as having potential for nice and sturdy growth. Right now, I think the bullish run should continue and if I were you, I would likely see how this may end up playing out as a long hold. Ofcourse, you can also mitigate risks by shortening and rebuying, but overall between now and the next upcoming quarter, I expect positive growth correlations. As always, proceed with caution. Invest at your own risk. Everything I say is on an opinion basis as always.
GE is my blue chip for the decade and here's why...This is NOT investing or financial advice. It's my opinion but a damn good one. Cheers.
GE isn't going anywhere. It's here to stay so let's just end any of that nonsense.
COVID IS GOING AWAY. A VACCINE WILL COME. PEOPLE WILL FLY!
Anyways,
Anyone watching what $tsla is doing? Insane? Yup!
Electric cars are the future. I mean it only makes sense that we move from gas to electric. Right?
Exactly. You see where I am headed with this... GE.
Check out this article:
Electric cars, of course, would help GE's bottom line. The company sells the WattStation charging station, but also transformers, smart grid equipment, sodium sulfur batteries and all those other components that will be required to beef up the grid for electric drive.
www.greentechmedia.com
History says this is the bottom and over the next few years this has the potential to double. I mean it could overnight when a vaccine in delivered.
Either way... this is my retirement plan. GL. Cheers!
With the recent EV stock craze. Long over 22.70 $NKLA $NIO $TSLAhot sector and under 20 mil free float!
Nikola Bullish Outlook 📈
Nikola is looking to retest it's IPO 4H previous support line (Dating back to 20 May, 2020)
On successful support (upward bounce from about 50.30), a bullish outlook is expected for Nikola's future.
CBAT EV PLAY "CBAK Energy Technology, Inc. engages in the development, manufacture, and sale. of lithium ion rechargeable batteries. It offers aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell, and high-power lithium battery cell. Its products are used for electronic vehicles; light electric vehicles ; and electric tools, energy storage, uninterruptible power supply, and other high power applications. The company was founded in August 2001 and is headquartered in Dalian, China."
Recent PR
11:22 AM EDT, 06/29/2020 (MT Newswires) -- CBAK Energy Technology ( CBAT ) , an electric energy solutions specialist, said its China BAK Asia Holdings signed a framework investment agreement with Jiangsu Gaochun Economic Development Zone Development Group for potential lithium battery projects.
Through the deal, the CBAK unit aims to develop certain lithium battery projects with a capacity of 8 gigawatt hours, with Jiangsu Gaochun to provide various forms of support to facilitate the the projects' development and operation. No financial terms were disclosed.
Price: 0.84, Change: +0.10, Percent Change: +13.51
In at .81 looking for break of .9
PT1 1.02
PT2 1.18
PT3 1.88
NIO/TSLA comboupdate. I sold everything and am waiting to reposition lower for some profit and continuation of position. feel free to post your comments and share your oppinions. pls keep it clean and safe
SOLO, Fibs, Where Do We Go?The SOLO IR news, imo didn't have much to do with this. There's already a following and unless they were looking for true institutional investors, the retail momo is definitely alive and well. They just raised $20 mil so is there dilution risk? maybe. But after the drop did the market price in some things? Good question. I think the EV juices are flowing thanks to NKLA and the potential IPO of Lucid.. not to be confused with This (former) Lucid . Gonna come down to execution now.
"The company announced that it narrowed its list to for its new U.S. home to Arizona, Colorado, Florida, North Carolina, and Tennessee. Following this, ElectraMeccanica announced the accelerated expansion of its retail footprint for its flagship SOLO EV with new locations planned for Arizona and Oregon. It’s also worth mentioning that the company was also able to raise some $20 million to help efforts."
Quote Source & Info: Can You Make Money With Penny Stocks? 3 Up Big In June
NIO next stops $9.10 and $12-$13 for the year! With only $8B valuation at current levels and the EV car market rising, this is the stock with funny potential.
$NIO brokeoutNIO broke out the buying point yesterday and hit the resistance of $5.65. TP1 and TP are shown on the chart
12 months Consensus Price Target: $3.74
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
TESLA $TSLA is rising upTSLA is rising but RSI is stil weak. Technic doesn't support price rising. The trend will be directed up to EPS result.
(ASX:ASN) Anson Resources - Falling Wedge Breakout Inc Could retest 30c to form Inverse H&S before breakout of falling wedge structure.
Could continue its run through the final resistance of falling wedge (Red Line) and commence bull run.
Moral of the story: Watch the breakout of the red line.
SQM: Huge base, retrace gives a low risk buy...Chilean lithium miner $SQM offers a great low risk trade here. There is a gigantic basing pattern, and a breakout that confirmed a huge trend signal here. Price now retraced into a buy zone in the weekly timeframe, while we have a bullish 50/100 EMA crossover in the daily chart. This might attract some attention to the stock. Interesting idea here, I would buy with a stop loss below the red dashed line on chart.
Targets are shown by the cyan boxes on chart, both upside and time duration of the projected trends.
Cheers,
Ivan Labrie.
NIO long ideaAfter a solid run up and doubling my initial trade, I sold on the pullback. I bought this again Yesterday. Its ready to go higher. I see its up 14% pre-market. Should continue to new highs.
Can NIO Finally Confirm a Move Out Of Penny Stock Territory
" What has been the biggest driver ? Sales momentum is a big focus for the public right now. In fact, Bank of America Securities analyst, Ming-Hsun Lee reiterated a Neutral rating but increased the price target to $3.90 from $3.80. The shining factor had to do with “strong sales momentum since August.” Can Nio continue this momentum in 2020 as Tesla rolls out more EV’s in China?"
Good question. But finally, NIO is showing real signs of life. Let's just hope sales momentum continues. I think the first quarter is going to be interesting to see the January - March figures as Tesla goes live
Quote SOURCE: Best Penny Stocks To Watch This Week? 1 Up Over 210% This Year
5.2p-7p next resistance - nickel upswingAbove t-line - bounced off 200ma weekly at 3p
One of my biggest holdings - trade pot & core pot.
Finance deal on any of their assets will see this rocket. Happy to hold in 2020.
Nickel after retrace now on a upswing
buy triggers nailed last 2 times on chart. third time?
#Nickel on start of potential swing up #HZM trend reversalBounce from 78.6 fibs & also previous resistance which becomes support
it should head towards 50% retrace line & hopefully brake it eventually.
Very bullish on Nickel in coming weeks/months/years due to EV battery metals rise
$tsla Respecting rising support and 100 day MAI'm curious how you guys are playing this or what you think longterm on this one Thanks!
Heres the more in depth video update as well.
