4VOW3 trade ideas
Overbought short-term, likely 20% retraceRSI shows extremely overbought on the daily. No real support until around 160 EUR. In the current markets news cycles have very short term effect so latest earnings likely to fade out of memory very quickly. 20% retrace likely.
$VWAGY PT 75 and higherrrVolkswagen (VWAGY) will bring EV batteries in-house and set a timeline for switching to solid-state batteries, sharpening its challenge to Tesla (TSLA). Volkswagen stock rose.
The world's second largest automaker by sales outlined a significant new EV roadmap Monday, focusing on batteries and charging technology.
By 2030, the German auto giant will set up six "gigafactories" for battery cells in Europe, relying on both partnerships and the expansion of in-house production.
Volkswagen also will hike investment in Sweden's Northvolt, its leading supplier of battery cells, including a $14 billion order over the next decade. The plants will have a combined production capacity of 240 gigawatt hours per year, VW said.
Volkswagen has partnered with solid-state battery maker QuantumScape (QS) for nearly a decade. In 2018, the companies set up a joint venture to make solid-state batteries and VW now owns a stake in the California-based company.
Last November, VW hiked its planned investment on digital and EV technologies to 73 billion euros ($86 billion) over the next five years, up from 60 billion euros.
On Monday, Volkswagen also announced plans for a vast expansion in EV charging infrastructure. By 2025, it sees 18,000 public fast-charging points in Europe, a fivefold expansion vs. today.In addition, Volkswagen will deploy fast-charging points at gas stations run by Great Britain's BP, Spain's Iberdrola and Italy's Enel. It's also expanding public fast-charging networks in the U.S. and China.
VOW3 Elliot Wave analysisVolkswagen very undervalued as EV play. 230k EV's sold in 2020 with an 80B marketcap.... ( NIO has 90B marketcap with 45k EV sold in 2020) Very strong fundamentals, EV battery recycle plants. I.D series EV's.
Pricetarget shortterm 240$ (elliotwave)
Pricetarget longterm 400>$ will depend on EV sales growth, making profit on battery recycling, putting cash to good use ( EV innovation)
~slippe
Volkswagen good opportunityVolkswagen broke out a major monthly resistance. I expect a rise in price in the next years.
VWAGY: 50 may be good PT if it runs!Some/most of my views still show this as not quite ready, BUT if you are willing to take risk now before ship begins to possibly set sail, then you can def make some nice profits! 25-27 range then 40-50+... this could go to new ATH if Reddit MOMO kicks in?
Will GME AMC KODK AAL drop like VWAGY?The last major short squeeze that happened was to Volkswagon in 2008. Here's the daily chart showing how it ran up for two days, dropped massively on the third day, then was all the way back down to where it began on the sixth day. Will this be the same trajectory for stocks in the same position today?
History repeating VOW vs TSLAShorting Tsla longterm while hedging long with Wolkswagen looks really good!!
VWAGY - its a RUNNER. Sputnik! Raketa!This is the most beautiful chart I have seen this week. Its a boner. To the fucking moon! Lets Gagarin this bitch!
400% run this year. It will blow every EV fucker out of the water. EV VW bus wagon thing that hippies drive? SIGN ME THE FUCK UP! Yes PLEASE! Put me in one of these and take me to the MedMen store (MMNFF - this fucker will rip too).
I see fucking Moons everywhere this evening.
VOW!Correction could either extend or end..
Watchout for a shortmove on this asset.
Trade with care use a stop loss.
Volkswagen w47 2020. WOW from 2021-2022. 350 in 2030Monthly
Price finishing its range correction and will head to 350Euro in 2030 year
Weekly
Price in Uptrend
price in range 125-155
Daily
Close to SR 155
Buy on pullback to 145-147 Fin 0.382
VW is the 1st car producer for EU.
It will develop EV to be competitve with TSLA
Cheap EV from VW will be best to sale in EU.
Since that i will bullish for VW
it will growth in 2021-2022 but faster, then better to have it now for long period.
From 200 of 2021 to 350 of 2030
OPEN 145
SL 116
TP 200
TP 350
The faster market implement EV technology quicker VW wil take position.
Technical outlook: VOW3.de bullish scenario:Technical outlook:
VOW3.de bullish scenario:
We have technical figure Channel Down in German company Volkswagen AG (VOW3.de) at daily chart. Volkswagen AG is a German multinational automotive manufacturing corporation. It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, overtaking Toyota and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles. The Channel Down has broken through the resistance line at 17/11/2020, if the price holds above this level we can have possible bullish price movement with forecast for the next 25 days towards 161.000 EUR. Our stop loss order should be placed at 122.96 EUR if we decide to enter this position.
Fundamentals:
- Volkswagen on Wednesday said the German government's 3 billion euro ($3.57 billion) scheme to support low-emission cars sent a strong signal Berlin would help lift the country's key export industry out of the coronavirus and climate crises.
- Volkswagen is paring back the variety of combustion-engined cars and retooling more factories to build electric vehicles in an effort to keep up with rival Tesla, the chief executive of the world's largest carmaker said. German factories in Emden and Hanover will be converted to build electric cars as part of a 73 billion euros ($86 billion) investment plan to ramp up development of zero-emission and self-driving cars, the company said on Monday.
Technical outlook: VOW3.de bullish scenario:Technical outlook:
VOW3.de bullish scenario:
We have technical figure Channel Down in German company Volkswagen AG (VOW3.de) at daily chart. Volkswagen AG is a German multinational automotive manufacturing corporation. It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, overtaking Toyota and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles. The Channel Down has broken through the resistance line at 17/11/2020, if the price holds above this level we can have possible bullish price movement with forecast for the next 25 days towards 161.000 EUR. Our stop loss order should be placed at 122.96 EUR if we decide to enter this position.
Fundamentals:
- Volkswagen on Wednesday said the German government's 3 billion euro ($3.57 billion) scheme to support low-emission cars sent a strong signal Berlin would help lift the country's key export industry out of the coronavirus and climate crises.
- Volkswagen is paring back the variety of combustion-engined cars and retooling more factories to build electric vehicles in an effort to keep up with rival Tesla, the chief executive of the world's largest carmaker said. German factories in Emden and Hanover will be converted to build electric cars as part of a 73 billion euros ($86 billion) investment plan to ramp up development of zero-emission and self-driving cars, the company said on Monday.
Volkswagen ending bullish moveVolkswagen reaching the end of bullish move from the last two weeks and sets to drop to June levels due to fear of Coronavirus Pandemic as end of year approaches.
VolkswagenDue to COVID, car manufacturers don't have it easy lately (except you are Tesla or Nio). However, with the new EV fleet Volkswagen is building up, I do believe 120 USD is a great price to get in and hold for a few years.
Support & Resistance PlayVW creates higher heights & higher lows since may (blue trendline)
During that time it created a couple of support & resistance areas.
Entered the trade yesterday when it broke the resistance @ about 135.4 which becomes support - and will probably be retested today.
Entry: 136
TP I: 141.5
TP II: 145.5
TP III: 148.9
SL: 132.7
Further notice:
MACD indicates that the latest sell off weakens, MA 50 might cross MA 200 soon.
Tight SL since I'm not completly confident with this trade. MA 50 and MA 200 are still neutral/decending.
