CBAT trade ideas
CBAT 3 rising valleys and breaking out of a triangle CBAT 3 rising valleys and breaking out of a triangle. Just above 20 EMA. Hidden Bullish Div on 1 hr on MACD and RSI. Good r/r Not financial advice. Please do your own DD and research.
$CBAT Interesting Volume Shelf & 7.83 Offering DevouredWith the offering snapped up, the price remains relatively close... so we'll see if the volume shelf holds up given the new Dynamic. If it does, this thing ready to launch to 10.
Offering at 7.83
Resting on top of a massive volume shelf.
Above 21 D EMA
$CBAT - Earnings Runup. PT $11Since late December, CBAT has had three great pushes up with a slight pullback. Each one with a higher high. This next attempt will run up to earnings on 2/15. I have PT of $11.
CBAT Looking for a 10.00 Break SoonOn watch for a bounce if the market opens strong on Monday the 1st. CBAT will benefit greatly from the EV and clean energy transition long term.
Alert Set at 8.00 to enter long for a 2:1 risk with long calls.
CBATLooks like CBAT has finally bottomed out and found support at its old resistance at 7.
If you look at the Daily, it looks like it follows a certain pattern
Hopefully it can rides back to 9.
Traffic Light battery FTW
Lithium ion batteries in demandBuy above 7.5
Revenue acceleration increasing every quarter and likely to continue for most of the year. Lithium ion batteries are currently the best price to performance ratio batteries we can have until things like graphene batteries become more advanced or something else. With lots of interest this year in EVs and clean energy, Lithium ion battery is necessary to temporarily store any kind of energy we generate so demand will increase, revenues will increase for most of the year. Until revenues begin to stabilize we can stay long.
Technically speaking we are still in an uptrend above 7.5ish below that is uncertain territory and we can look to close or headge.
11-15 is a good short term target for traders.
Good Luck and Follow for more!
CBAT to 14 Resistance 10 So we have been all following CBAT for a while now, since the last ATH, 11 USD when EVs were hot, it dropped ca. 50%, we can clearly see a 5 waves formation.
And now it is the 5TH, the last one and in theory, the biggest.
If anything goes well, I think we might see 11 for the final 5th wave, and potentially to 14 if fomo.
Hopefully I am right, God-bless us all!
CBAT be ready at 10So maybe it is just my wishful thinking but I think EVs are back.
As far as CBAT, it is slower than NIO, XPENG, LI, but it follows.
So I fully expect / hope it would go to 9 OR 10 very soon. It should touche 12 in theory...
CBAT Long IdeaCBAT is currently getting ready to break out of this bullish wedge pattern. This is the same pattern that I mentioned with PLTR and look how well that turned out. Stay in this one, or grab a position here before lift off.
