Proterra PTRA (1D) Mid Term Plan - LongHi Traders,
This is just my Idea about very potential company for next 5-10 years. (If electromobility can win th battle against hydrogen, than this is one of TESLA competitors.)
Consider your RRR Strategy + Fundaments (Entire market could get into Bear market as well).
Buy zone right now is around 10-7 USD ... Sell zones are marked for partial take profit.
Always look for RSI and MACD Convergencies / DIvergencie - in this ase at least 1D/1W timeframe.
Good luck and enjoy the game ;)
Proterra
PTRA - Proterra - Long Term Hodl Key risks:
- Product quality issues, returns, complaints
- Not achieving revenue growth targets (60+ % CAGR until 2025)
- Decrease in projected long term margins
- New players entering the market
- Supply chain issue and commodity risks
- Underutilization of government funds
- Management fail - execution risk
Key strengths:
- Developed and tested products
- Produced in the USA
- First-mover advantage
- Popular mission - green energy
- Experienced management
- Great reputation, connection with key players in the auto / trucking industries (Daimler, etc).
- Secured battery cells supply produced in the USA for the next 5-10 years
- Low valuation levels
- Explosive industry growth
Single biggest advantage:
- Not rolling busses down the hill
Single biggest threat:
- Quality issues destroying the long-term value of the business.
** looking closely at customer feedback.
Disclaimer: holding a long position of 1100 common equity shares @ 13.20; not a financial advisor
Update on $ACTC, I Remain EXTRA BullishI've corrected my last idea ( ) on the formation of the Bullish pennant and the date of my PT.
MACD and RSI on the 3-month are still looking very tasty. As I described in my last $ACTC post, Proterra has a strong presence in the EV space- owning 50% of the North American market share within EV bus sales.
Short interest has also DOUBLED in a two-week timeframe. nasdaqtrader.com
This is a 10yr+ hold for me. Crazy how little conversation is going around about this hidden gem!
ACTC Primed to break out to the upsideThis SPAC invests in Proterra, an electric bus manufacturer where the ex-Tesla Battery Engineering Manager is now the Chief Technology Officer of Proterra.
>60% forecast CAGR (compound annual growth rate).
Did I say Electric and Batteries??!!! Beautiful stock to own for the years to come.
Nice flattening out of the MACD
Coming to the pointy end of a wedge formation
Will have a nice strong breakout, hopefully to the upside. I'm long this stock.
ACTC, Proterra long term betThis is a long term bet, will Proterra become like the next Tesla just like how i predicted Solaredge went from $70-$300