Stockpicks
NASDAQ Undervalued Underdog ZKIN. 300% potential!ZKIN is a NASDAQ Stock which has good fundamentals, good increasing financial reports and has a very interesting outlook for the both short and long term price action.
They focus on Water Pipe industry with the use of Blockchain .
So the fundamental site of this stock is pretty good, but how about the technical aspect?
First thing that I would like to mention is that the price has been hovering in range from $2.00 to $1.00 for over 1,5 year and last week has finally manage to break the weekly key resistance located at $2.00 by a full weekly candle from the bullish channel.
The price seen strong demand spike from $0.65 from which the overall uptrend has started and after double bottom at $1.05, the current bullish channel which is currently breaking out was formed.
The issuing price of ZKIN was around $8 and it’s very undervalued currently, 400% potential only to the issuing price.
Looking at RSI , it broke to a new high by 7 points which is very good for the bulls.
When we look at MACD, we can see that it’s currently on a buying wave and buying volume is still increasing.
20 and 50 Weekly EMA’s given a long term buy signal.
Exceptionally strong volume has been seen previous week , over $33 million dollars.
Upcoming strong resistance levels
$2.40
$3.15
$4.00
$5.00
$6.00
$6.70
$8.00 - Target 300%
$9.00
$11.00
Good luck with this idea!
Epizyme $EPZM - investment idea 💡 This entry and SL is based on my technical analysis only.
Do your research and trade on your own risk!
Turning Point Therapeutics $TPTX - investment idea 💡 This entry and SL is based on my technical analysis only.
Do your research and trade on your own risk!
Roku growth over last 18 months!Evening traders
Ive been using a follow trend based strategy for the last six months mainly for Forex trading.
This strategy script works with Forex pairs, indices, stocks and crypto.
It's not until recently I've discovered the potential for using this script on stocks for potentially building long term stock portfolios via following the trend based script. Another great example to my earlier Tesla idea and review is this Roku stock growth via following the the stock on the one week time frame.
As you will see the strategy presented a 'buy' signal in March 2019 and Roku stock has since gone on to grow by 300%
For any further information on the strategy I'm using please feel free to message me.
The power of this Strategy for long term stocks investingHello Traders
Hope you are all enjoying the weekend.
I just wanted to share a series a stocks trades I am reviewing which have proved to be successful by using the trend based strategy software I use.
The strategy in use I am utilizing mainly on Forex pairs but can be used on stocks as well as indices and crypto.
The example you see here is working the one week time frame on Tesla stock.
Now as we all this stock has climbed and climbed this year but the trend strategy in use picked the potential upward trend as early as last year and presented a buy signal. The stock has gone on to grow 700%.
This could be a very valuable tool for long term stock trading, stock picking and for growing portfolios.
For any more information on the strategy I am using please feel free to message me.
XL Fleet Expects its Largest Partner to Double Orders in 2021XL Fleet Expects its Largest Partner to Double Orders in 2021
Farmbro Inc. (“Farmbro”), an Ontario-based upfitting solutions service provider specializing in commercial and work vehicles, expects to double its sales volume from approximately 1,000 XL unit installations in 2020 to over 2,000 in 2021 to meet the increasing demand for fleet electrification in Canada. As part of its expanding partnership, XL Fleet is recognizing Farmbro as its Sales and Installation Partner of the Year for 2020.
Farmbro is a member of XL’s Sales and Installation Partner network, the Company’s comprehensive go-to-market channel for selling and installing the thousands of electrification systems it has deployed in fleet vehicles throughout North America.
“Farmbro has been an exceptional partner for XL Fleet, as we have greatly expanded our reach into the Canadian fleet market over the past 18 months,”
“Demand in Canada for vehicle electrification has skyrocketed in recent years as both government and corporate initiatives on carbon reduction have become a priority for fleets,”
www.xlfleet.com
XL Fleet Expands XLP™ Plug-in Hybrid Electric Drive SystemXL Fleet Expands XLP™ Plug-in Hybrid Electric Drive System For Use in Multiple GM Fleet Applications
The platform is expected to begin shipping on select configurations of the Chevrolet and GMC Silverado / Sierra 2500 HD and 3500 HD pickup trucks in the first quarter of 2021, and on Chevrolet and GMC 3500 and 4500 cutaway chassis in the second quarter of 2021.
The Company’s newest product offering expands its growing lineup of plug-in hybrid electric drive systems, which can improve fuel economy by increasing miles per gallon by up to 50% and reducing CO2 emissions by approximately one-third compared to traditional gas-powered vehicles.
XL’s ability to electrify a wide range of commercial applications from the world’s leading vehicle manufacturers allows us to immediately serve this market with proven, high performance vehicles that are already designed and specified for the rigorous duty cycles of fleets."
By leveraging our experience with over 200 customers and utilizing proprietary data from nearly 140 million customer miles driven, we are uniquely positioned to quickly and efficiently develop solutions for applications with significant demand
XL remains on track to complete its previously announced merger agreement with Pivotal Investment Corporation II (NYSE: PIC), a publicly traded special purpose acquisition company, in the fourth quarter of 2020. Upon closing, the combined company will be named XL Fleet Corp. and is expected to remain listed on the New York Stock Exchange under a new ticker symbol, "XL".
finance.yahoo.com
XL Fleet to List on NYSE Through Merger With Pivotal InvestmentXL Fleet, a Commercial Vehicle Electrification Solutions Leader, to List on NYSE Through Merger With Pivotal Investment Corporation
• XL is a leading provider of electrified powertrain solutions for U.S. and Canadian commercial fleet vehicles built by Ford, Chevrolet, GMC, and Isuzu
• Thousands of XL units already on the road and over 130 million miles driven by its more than 200 customers, including FedEx, The Coca-Cola Company, PepsiCo, Verizon, the City of Boston, Seattle Fire Department, Yale University, and Harvard University
• XL has strong demand momentum with a $220 million 12-month sales pipeline and forecasted revenue of over $21 million in 2020 and $75 million in 2021
• Pro forma implied enterprise value of the combined company of $1 billion; combined company is expected to have approximately $350 million in net cash at closing, which includes an upsized $150 million fully committed PIPE backed by new and existing strategic and institutional investors
• All XL shareholders, including Constellation Technology Ventures, and management will retain 100% of their equity in the combined company
• Upon closing, the combined company will be named XL Fleet and is expected to remain listed on the New York Stock Exchange under a new ticker symbol, "XL", with an anticipated implied enterprise value of approximately $1 billion and no material debt expected to be outstanding.
• The Company’s rapidly deployable technology solutions position it for long-term growth in a total addressable market that is greater than $1 trillion, which incorporates the money spent on energy consumption and vehicle costs for commercial fleets globally.
• XL’s revenues are expected to more than triple in 2021, cementing its status as the leading provider of vehicle electrification solutions for commercial and municipal fleet vehicles."
• Pivotal and XL Boards of Directors have unanimously approved the proposed merger and the related transactions, which are expected to be completed in the fourth quarter of 2020, subject to, among other things, the approval by Pivotal’s and XL’s stockholders of the proposed merger and satisfaction or waiver of other customary closing conditions.
finance.yahoo.com
Momentus to Become Public Through Merger With SRACMomentus to Become Public Through Merger With Stable Road Acquisition Corp.
Merger to create the first publicly traded space infrastructure company at the forefront of the new space economy
Momentus partners and customers include SpaceX, Lockheed Martin, and NASA
Combined company will have an estimated enterprise value of approximately $1.2 billion and will become listed on Nasdaq under the ticker symbol "MNTS" following expected transaction close in early 2021
Pro forma for the transaction, Momentus will have approximately $310 million in cash on the balance sheet, to be funded by Stable Road’s $172.5 million of cash held in trust (assuming no redemptions) and $175.0 million from a fully committed common stock PIPE at $10.00 per share, including investments from private equity growth investors, family offices and select top tier public institutional investors
The current size of the global space economy is expected to grow from an estimated $415 billion to $1.4 trillion by 2030 driving demand for transportation and infrastructure services in space.
finance.yahoo.com
Buy Signal: 13.04Ingenuity Trading Model used in- Stock, Forex, Futures, and Crypto markets. For Stops and overall trade management join the club.
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
$AXON - investment idea 💡 Axon Reports Q3 2020 Revenue Growth of 27%, ARR Tops $200 million, Up 44%
www.prnewswire.com
Record Date for Stockholders Eligible to Vote on MergerRMG Acquisition Corp. Announces Record Date for Stockholders Eligible to Vote on Merger
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• Announced that the close of business on Tuesday, December 1, 2020, has been set as the record date for the determination of stockholders eligible to receive the proxy and vote at the special meeting to be held to consider and approve the previously announced merger with Romeo Systems, Inc., a Delaware corporation ("Romeo Power").
• On October 5, 2020, Romeo Power and the Company announced a definitive agreement for a business combination that would result in Romeo Power becoming a publicly listed company.
• A proxy statement, once final, will be mailed together with a proxy card to the Company’s stockholders. The final proxy statement will include the date, time and location of the special meeting.
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About Romeo Power
Romeo Power, founded in 2016 in California by Michael Patterson, is an industry leading energy technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial electric vehicles.
finance.yahoo.com
Nuvve To Become Publicly Listed Company through NABC "Spac"1. Nuvve To Become Publicly Listed Company to Accelerate Worldwide Commercialization of Its Vehicle-to-Grid (V2G) Technology
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Nuvve transforms electric vehicles into reliable, dispatchable and monetizable assets, which lowers the cost of electric vehicle (EV) ownership while supporting the integration of renewable energy for a scalable and sustainable green society.
-- Company projects revenue growth to outpace the EV charging industry.
-- Institutional investors commit to invest approximately $18 million in aggregate via a PIPE and bridge financing.
TRANSACTION DETAIL:
-Newborn is combining with Nuvve at a transaction value of approximately $102 million, subject to closing adjustments.
- 10.17 million shares will be issued or reserved for issuance to existing Nuvve stockholders and option holders, based on a value of $10.00 per share.
- Newborn has signed definitive agreements for the sale of approximately $14 million in equity to institutional investors in a PIPE. The PIPE investors will acquire Nuvve Holding shares at $10.00 per share.
- For each share bought, the PIPE investors will receive 1.9 warrants; each whole warrant is exercisable for ½ of a Nuvve Holding share. The warrants are exercisable at $11.50 per whole share and have terms identical to the warrants that were sold as part of Newborn's IPO.
- Nuvve also completed a $4 million bridge financing with an institutional investor in connection with the business combination. The investor in the bridge financing received a senior secured convertible debenture that will convert into equity immediately prior to the closing of the business combination.
- pro forma equity value of the combined company will be approximately $202 million.
- Pro forma net cash available to Nuvve at closing after estimated fees and expenses is expected to be approximately $70 million, made up of approximately $57.5 million in Newborn's trust account (assuming no redemptions), net proceeds of $18 million PIPE and bridge financing, and cash on Nuvve's balance sheet.
- Assuming no debt outstanding, the combined company's pro forma enterprise value is expected to be approximately $132 million. Proceeds from the transaction will be used for general working capital, growth purposes and retirement of 0.6 million shares from legacy Nuvve shareholders.
- Existing Nuvve stockholders have agreed to a one-year lock-up from merger close, subject to a partial release if after the 6 month anniversary of the merger close the VWAP of the Nuvve Holding shares is at or above $12.50 for 20 out of any 30 consecutive trading days.
- Existing Nuvve stockholders will also be entitled to receive an earnout of 4 million newly issued Nuvve Holding shares if Nuvve's 2021 revenue exceeds $30 million as reported in its 2021 audited financial statements.
- It is currently anticipated that the business combination will close in the first quarter of 2021.
2. V2G technology leader and leading electric heavy-duty vehicle manufacturer partner to provide V2G-enabled electric school buses and trucks
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collaboration on launching vehicle-to-grid (V2G) technology as a standard feature of their zero-emission school buses.
Lion's buses and Nuvve's V2G technology will be fully integrated, which will enable the batteries of Lion vehicles to dynamically store and discharge energy when plugged in and controlled by Nuvve's software platform.
finance.yahoo.com
finance.yahoo.com
$OPTT PT 9.50-16 and higherOcean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North and South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote offshore and subsea applications in markets, such as offshore oil and gas, defense and security, science and research, and communications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was founded in 1984 and is headquartered in Monroe Township, New Jersey.
finance.yahoo.com
GLJ Research Upgrades US Steel (X) to BuyGLJ Research analyst Gordon Johnson upgraded US Steel (NYSE: X) from Hold to Buy with a price target of $17.30.
-Foreseeing a revival of car demand in the U.S., and a revival of "high-end auto steel markets" alongside it, GLJ says it is currently seeing the "most bullish setup we've seen for the US steel sector since mid-2019.
-Global steel prices surging, This is happening at the same time as the U.S. steel market is enduring "acute shortages" in supply.
-GLJ sees "massive ... liquidity" from government stimulus efforts, and more coming down the pike from a "stimulus-friendly Biden Administration."
- In GLJ's view, U.S. Steel, which cost $11 and change yesterday could conceivably soar as high as $17.30 over the next 12 months
www.fool.com
www.streetinsider.com
OPTT Expands Commercial Team With Southern Europe-Based RepOPTT Expands Commercial Team With Southern Europe-Based Representative
- Jorge Franco has joined the Company as Regional Sales Representative based in Spain.
- Southern Europe offers opportunities for OPT’s offshore power and communications solutions, particularly in the oil and gas industry
- Jorge has significant relationships within leading companies operating in the region, and we believe his experience will be beneficial to serving OPT’s existing and prospective customers.
- He has more than 20 years of experience in multinational technical companies selling products and services for offshore operations
finance.yahoo.com