EVgo Inc. (NASDAQ: NASDAQ:EVGO ) made significant strides this past week, soaring more than 50% after receiving a $1.05 billion conditional loan guarantee from the U.S. Department of Energy (DOE) and a major stock upgrade from JPMorgan. This combination of federal support and Wall Street confidence positions EVgo as a prominent player in the electric vehicle (EV)...
EVGO - Tapped into Discount Zone - What's next? 50% from recent highs and the blue 200 day EMA 'watermark'. Keep it Simple!
As you can see in the charts lower prices are very likely in these 4 EV chargers companies..! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance...
On Friday, November 5, the US Congress approved a $ 1.2 trillion infrastructure plan. The plan envisages investments in roads, bridges, railway infrastructure, expansion of access to clean drinking water, development of access to high-speed Internet, and "greening" of the infrastructure. The last point implies the creation of a national charging network for...
1- CHPT: ChargePoint Holdings, Inc (CHPT) is the largest network of Electric Vehicle charging stations in North America and Europe - and provides solutions through a capital-light model free of monetization of both energy and driver utilization. The company maintains over 70% market share of networked L2 in North America with over 5,000 customers. Market cap: 7.79...
EVGO has a nice falling wedge pattern. It seems like bulls are active on this chart.
Some companies involved in the electric vehicle charging sector compared on 90-day graphs. Anywhere to go but up? Vice President of United States toured a facility this week that boasts 15-minute recharge times for EVs. Companies like Tesla and Workhorse need the infrastructure to really become major players. Target is +300% by end of 2021.
NIC has gained around %30 in 3 weeks and hit the weekly resistance. #Volume is increasing. It may correct after such gain.