Pretty simple one. With a partnership with Hyundai and pretty solid board of directors this might be a nice growth play.
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...
My weekly portfolios in the last 5 week have beaten all major indexes and ARKK returns! They made 64.14% compound return in 5 weeks..! Let’s take a look at the next week portfolio to beat the market: (put your orders +/- 1% change of weekly close) 1-AAPL 2-AQB 3- BTCS 4-CRSP 5- DB 6- DSS 7- FB 8- FDX 9- GNUS 10- HCDI 11-GOEV 12- HYLN 13- NGD 14-NVDA 15-PFE 16-...
I just like how clear the trend is but its not too refined to be a serious Idea. don't get me wrong I will buy but I would say the likelihood that which this happens is lower than the rest of my ideas. I have a bias towards this company (not good in trading) .
GOEV is gearing up for a big move. If we can cross the 17.08 level established by our volume profile we can see a very fast and decisive move to the midline of our pitchfork.
GOEV is an EV company and has strong backing with Hyundai. In there investor day presentation they mentioned a push for a fully autonomous vehicle and a subscription model that is different from the traditional car buying. “Innovation that excites”… Still a highly speculative stock but the technical aspect looks primed for another run. Watching this for a bounce...
Looking for a breakout after todays movement Sitting on resistance Volume looks great and bullish
GOEV looks like it may be breaking out of this symmetrical triangle however the breakout has not been confirmed. It is up over 11% on the day backed by strong volume however it looks to be finding some resistance at the top line of the triangle. I will continue watching price action for a confirmation or rejection of breakout. If breakout is confirmed I will buy...
I believe a simple comparison between Canoo and Workhorse prototype will clearly show you how undervalued Canoo is. Canoo marketcap : 611million Workhorse: 4.3 billion I believe in the coming months Canoo will be the superstar of EV makers in the stock market ..!
GOEV is a recent IPO a couple months ago and had big push after-hours. Maintaining the demand zone between $17.50-$17.60 is key in continuing higher highs. Next big supply zone is $20.90-$21.00. GOEV has a deal to jointly develop an all-electric platform for Hyundai and Kia vehicles (who just signed a deal with Apple for production of a Apple Car)
Slingshot breakout, Cup and Handle and Pennant Setup
Ascending Triangle and Pennant Setup
Looks Bullish to me, just made an entry today.
Another batch of Crypto Stockers... Remeber..They chase bitcoin and bitcoin chases them..be always behind the trend. Enjoy!