DON'T SLEEP ON TESLA ON A... WELL, NEVER SLEEP AGAIN. TSLA 420.
ALRIGHT, LET'S TRY THIS AGAIN.
Tesla has a cool trend setup, retracement setup and indicator alignment into earnings.
A REALLY STEEP DROP from earnings, past 134 and all the way down to around 96, could trigger a nice move to the upside that you won't want to miss.
I know, TSLA to 74 or 30 or 10 (it's garbage).
Well, no, I disagree. At least in the short term. After it runs up again, I could easily see it back down to some low numbers.
But right now, heading into earnings, a big move is showing that looks very similar to what I've shown.
My line, expect it to be inaccurate, instead focus on the price targets.
At 175.01 = full bull to the moon 238k miles, maybe overshoots that.
There will be retracements, but if this move is based around btc, it could be FAST.
So, probably best to never sleep again, and watch the tsla chart 24/7.
RSI technically bearish, but they all look like they are about to flip, BUT they haven't yet, so we can't assume. We have to keep the projection based on charts, which says, if 134 holds and we get over 175 with stability, then green light, probably.
If earnings crashes price to under $100 for a brief amount of time, you probably want to yolo the dip. Calls would be very cheap at that point, and if you're bullish in any way, even if it's not to my numbers bullish, then it's still probably free money.
I won't be upset should you disagree, feel free.
And I look forward to your rubbing of profits in my face, should you be correct.
Truthfully, I'd like to see everyone make a ton, no matter what your opinion is (bear/bull).
LOTS OF MOVEMENT to trade in two directions.
Things don't go up forever, things don't go down forever, and if they do, it would be an outlier to most market movements.
Good luck!!
SOME FUNDAMENTAL RESEARCH:
1. **Tesla Fundamentals**:
- Tesla, the electric vehicle (EV) company founded by Elon Musk, has seen remarkable growth in recent years. Their fundamentals include strong demand for EVs, innovative technology, and a charismatic CEO who captures public attention.
- However, Tesla's financials have been volatile due to high R&D costs, production challenges, and regulatory hurdles. Despite this, their stock price has surged, making them one of the most valuable automakers globally.
2. **Bitcoin and Dogecoin Investments**:
- Tesla made headlines when it disclosed a $1.5 billion investment in Bitcoin. This move signaled institutional interest in cryptocurrencies.
- Elon Musk's tweets and actions have influenced crypto markets. Tesla's investment in Bitcoin adds legitimacy to the asset class.
- As for Dogecoin, Tesla has not officially invested in it. However, Musk's tweets and memes have boosted Dogecoin's popularity. It's important to note that Dogecoin is highly speculative and lacks fundamental value¹.
3. **Software Subscription vs. Hardware Sales**:
- Morgan Stanley believes Tesla could make more money from software subscriptions than hardware sales. Tesla's vehicles are equipped with advanced software features (Autopilot, Full Self-Driving) that can be unlocked via subscription.
- By offering software upgrades, Tesla can generate recurring revenue. This model aligns with the trend toward software-defined vehicles².
4. **Data Collection and Auto Driving**:
- Tesla collects vast amounts of data from its vehicles, especially those equipped with Autopilot. This data helps improve autonomous driving algorithms.
- Tesla's fleet provides real-world data for training AI models, giving them a competitive edge in self-driving technology.
- Monetizing this data could be lucrative. Tesla could license it to other companies or use it for targeted advertising.
5. **Leasing Software vs. Selling Cars**:
- Leasing software (e.g., Full Self-Driving subscription) allows Tesla to generate ongoing revenue without selling additional hardware.
- Traditional automakers rely on upfront car sales, which can lead to debt if demand fluctuates.
- Tesla's approach disrupts the industry by emphasizing software and services over traditional car sales.
In summary, Tesla's fundamentals, crypto investments, software subscriptions, data collection, and unique business model contribute to its success and potential for future growth. However, risks remain, and the EV landscape is evolving rapidly. Other automakers are also adapting to these changes, but Tesla's early lead gives it a competitive advantage¹². 🚗💡📈
Source: Conversation with Bing, 4/22/2024
(1) Tesla, Dogecoin & Institutional Interest: A Data Perspective by .... coinmarketcap.com
(2) Tesla (TSLA) could make more money from software subscription than .... electrek.co
(3) Dogecoin | Tesla Support. www.tesla.com
Batteries
TBL - treet batteries should be considered for investment Treet Batteries Limited (TBL) manufactures and supplies a variety of batteries including lead-acid, lithium and nickel-based batteries. The company is a subsidiary of Treet Corporation Limited (TCL) and operates both locally and internationally.
Key Financial Ratios
Gross Profit Margin: 19.9%
Operating Profit Margin: 9.2%
Net Profit Margin: -5.5%
Risks:
High Financing Costs - 70% increase in financial expenses impacting net profit.
Market Conditions - Economic and political instability affecting consumer spending and sales volume.
Opporunity:
The financing cost should go down with lower interest rate environment and rescheduling of debt. Such a scenario would increase the attractiveness for long term investment.
Despite the challenges of high financing costs and a net loss, the significant increase in gross and operating profits indicates effective management and operational efficiency. However, the high debt levels and cash flow challenges need to be closely monitored.
Technical:
Support zone is 22.5
IS THE AUTO INDUSTRY ABOUT TO CRASH? FORD TRENDS Uh, okay, so I have zero clue what is going to happen and I didn't see this until now, but if I was trading per my style, I'd be loaded up on puts where I circled. I WOULD THEN ABOSLUTELY LOAD THE BOAT on the retouch. Potentially down to $8 and then probably calls for a short term bounce, which would have me realizing profits quickly in order to keep risk down. I would then be waiting for the next signal.
It's getting so close to crash time per multiple indicators, potentially, according to short term trend alignment which is far from an exact science, however, it shows a small pump of pretty much up to maybe $11, but wow! There is a LOT of downside showing.
Any thoughts on this?
The crash projections say Late Feb/Early March
But this market is moving faster every day, which is outpacing a lot of older traders that aren't able to adapt.
I mean, there is no question it bounces back, but.. how long, and how much, and how fast?
I think there is room to return to nearly $20.
In other words, if it's March, and the price is at 3.83, and you are hearing doom and gloom on the news. BUY CALLS. I wouldn't cover shares, I think the pace will be quite fast on the return for a lot of these stocks.
All in all, if you're still with me, the whole point I'm trying to make is this next crash is a trap, leading into a pump, which will cause "THE BIG ONE"
Trends point to next year early, but the market is fast, and you need to reanalyze in real time, meaning, it could literally happen in the next few weeks. I don't know, you don't know. We can't predict the future of stock prices, but we can use the information we see to swing the statistics in our favor for a successful trade, even if that means being patient and waiting for the right entry.
HGCPF is a US graphene manufacturerIt could be interesting in the current context where Biden is limiting Chinese battery components.
IEA’s bullish outlook for electric vehicles “A new clean energy economy is emerging, and it is emerging much faster than many stakeholders, policymakers, industry players, and investors think today” – Fatih Birol, Executive Director, IEA during the Global EV Outlook 2023 press event on 26 April 2023.
The International Energy Agency (IEA) published its Global Electric Vehicle Outlook for 2023 on 26 April. Its assessment of the state of the industry is encouraging and its projections for the industry’s growth are exciting. Electrification of road transportation is the disruptive innovation the industry has been waiting for. It appears that the tipping point has been reached.
Highlights from 2022, and developments in 2023
Electric vehicle (EV) sales exceeded 10 million in 2022 (see Figure 1). This amounts to 14% of all new cars sold in 2022, up from 9% in 2021, and less than 5% in 2020. This trend has continued at the start of 2023 with over 2.3m EVs sold in the first quarter, 25% more than the same period last year. By the end of the year, sales could hit 14 million with an acceleration expected in the second half of the year1.
China remains the dominant market, accounting for around 60% of global electric car sales last year, with Europe and the United States following behind. Nonetheless, there are promising signs of growth in emerging markets such as India, Thailand, and Indonesia where sales of electric cars last year more than tripled compared to 2021.
The key tailwinds
Policy support for the adoption of electric vehicles has never been stronger and it continues to strengthen. The European Union has set out CO2 standards for cars and vans aligned with 2030 goals set out in the Fit for 55 package. In the US, the Inflation Reduction Act (IRA), and California’s Advanced Clean Cars II rule could accelerate the journey to 50% EV market share by 20302.
Given strong support from policymakers and adoption from consumers, innovation in battery manufacturing also appears to have been catalysed. While it is a given that battery chemistries will continue to evolve and greater levels of efficiency will be achieved, developments along the way, such as CATL’s recent condensed battery launch, are noteworthy and encouraging.
On 19 April 2023, the Chinese battery manufacturer CATL, among the biggest names in the industry worldwide, unveiled a high-energy density, so-called ‘condensed battery’ at Auto Shanghai. CATL claims that this battery could not only meaningfully increase the range of EV batteries but could also help electrify passenger aircraft. Admittedly, there are multiple unknowns in CATL’s claims, including costs and delivery times, but it highlights how battery manufacturers are focused on achieving new degrees of efficiency.
Growing competition and, therefore, more choice for consumers is also facilitating the adoption of EVs. The number of electric car models worldwide exceeded 500 in 2022, more than double compared to 20183. While this is still significantly lower than the number of internal combustion engine (ICE) models on the market, this proliferation of models is increasing competition among original equipment manufacturers (OEMs) which should help bring costs down.
Electrification, however, is going beyond passenger cars. In 2022, over half of India’s three-wheeler registrations were electric. Similarly, electric light commercial vehicle sales worldwide increased by more than 90% in 2022 compared to the year before4. Such encouraging growth is also being witnessed in other market segments like electric heavy-duty trucks and buses.
The forecast
Even in the IEA’s stated policies scenario (STEPS – a conservative scenario which only factors in existing policies), growth of electric vehicles is expected to be strong this decade (see Figure 2). Across the globe, countries are swiftly introducing bans on the sale of new ICE vehicles. Some countries, like Norway, have taken the lead by making this ban effective from 2025. For many other countries, the bans come into effect between 2030 and 2040. Collectively, therefore, it is reasonable to expect a meaningful uptick in EV sales as we progress towards those deadlines.
One of the biggest hurdles in EV adoption is the availability of ample public charging infrastructure. Fortunately, charging infrastructure is developing quickly, albeit at different rates in different countries. Overall, however, the IEA have an optimistic view on the number of publicly available charging points worldwide by 2030.
A renewed focus on the supply chain
According to the IEA, automotive lithium-ion (Li-ion) battery demand increased by about 65% to 550 gigawatt hours (GWh) in 2022, from about 330 GWh in 2021, primarily because of growth in electric passenger car sales. In 2022, about 60% of lithium, 30% of cobalt, and 10% of nickel demand was for EV batteries. Only five years prior, these shares were around 15%, 10% and 2%, respectively.
Electric vehicles are not only driving demand for batteries, but also the underlying commodities. For investors, this means a holistic view of automotive and battery value chains is warranted when considering the electrification megatrend. For example, China holds a dominant position in both value chains and its role in terms of where it sits within the value chain is evolving rapidly. China is the biggest manufacturer of batteries worldwide but is also quickly establishing itself in the segment of car companies (OEMs) with the emergence of brands like BYD.
But as competition increases, more regulation is introduced, and further innovation happens, supply chains will develop. Some links may get broken while others get formed. All in all, an exciting time to be following this space.
$SGML: Lithium Gem?A few week ago we posted about the potential bear trap setting up in LIT. So far that thesis has played out and I give credence to a potential short term pullback here. However, that price action on SGML around 40 has been quite notable and when compared to other lithium based companies we see impressive relative strength. Any kind of growth / equities push could give the bulls a hand as well. Good luck
ENERGIZER Bullish short-term but then watch these levelsEnergizer Holdings (ENR) are one of the pleasant surprises of the day, having jumped more than +10% from their Friday closing. This 1D chart shows the Channel Down the stock has been trading in since May 2021, basically a full year, which broke marginally with the March 10 low, and this is the reason I included the Fibonacci extensions.
Regardless of that, last time the price broke above its 1D MA50 (blue trend-line), it rose as high as the 1D MA200 (orange trend-line), where it got rejected. As a result, we have a short-term bullish pattern towards the 1D MA200. After that, it all depends on the 1D candle closings. Above the 1D MA200, the trend shifts from bearish long-term to bullish with a first target on the 1W MA200 (red trend-line). Any other closing, is a sell aimed at the 29.00 Support.
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Tesla Inc. (TSLA) bearish scenario:The technical figure Triangle can be found in the US company Tesla Inc. (TSLA) at daily chart. Tesla, Inc. is an American electric vehicle and clean energy company. Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. The company had the most sales of battery electric vehicles and plug-in electric vehicles, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. The Triangle has broken through the support line on 25/01/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 29 days towards 800.00 USD. Your stop loss order according to experts should be placed at 1 208.00 USD if you decide to enter this position.
U.S auto safety regulators on Tuesday said they have sought additional information from Tesla Inc in its probe into 580,000 vehicles over the automaker's decision to allow games to be played by passengers on the front center touchscreen. U.S auto safety regulators on Tuesday said they have sought additional information from Tesla Inc in its probe into 580,000 vehicles over the automaker's decision to allow games to be played by passengers on the front center touchscreen.
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BLNK Earnings move predictionBLNK has been trading in this range since April. It looks like it wants to come down and test the green trend line, but since earnings are after hours, it could end up running throughout the day. Ultimately, I think it will move down $3-$4 for earnings, unless it closes down a large amount beforehand. Total revenue is going up but operating income is getting worse each quarter. I believe future outlook for the next quarter will be cut. I'm keeping this on high watch tomorrow.
LITHIUM ETF - 4 times Higher Already 🚀👷🔋LITHIUM is FLYING!
Check our idea/post from June 17th of last year as well as November 2020
It was obvious fundamentally that this was going to happen, for one too many reasons you can read about in those 2 previous posts.
If something has changed is only positive, with Lithium Americas, Albemarle, and JinkoSolar Stocks went off like rockets on Monday, responding to a Biden administration plan to quadruple the share of green energy in America's economy by 2030.
President Joe Biden calls for 80% green energy in the U.S. Renewable energy stocks react.
Long story short, the Biden administration's proposal for "greening" the U.S. economy could be great news for both solar stocks and lithium stocks -- if the revolution happens. On a more cautionary note, WSJ observes that while you shouldn't "bet against a committed U.S. federal government and a supportive populace," the plan "envisions triple-digit billions of dollars of tax credits for clean energy over the course of a decade. But aren't in the bipartisan infrastructure bill" currently working its way through Congress.
It's not yet certain that either Congress or voters will support spending "triple-digit billions" to subsidize green energy -- or pay the higher tax bills that those subsidies imply. In the meantime, S&P Global data shows that none of the three stocks named is currently generating positive free cash flow from their businesses. Unless subsidies are forthcoming, it remains to be seen if they can be profitable on their own.
One Love,
Let's go to 110 LIT ETF,
the FXPROFESSOR 🔋🔋🔋🔋🔋
Big day for QuantumScape coming up!We have to hold above the lower support line of this symmetrical triangle.
If we close below it on the daily, then we can expect to go even lower (the price target for the break down is very very low).
If we hold and end the day green, then we'll likely stay within the triangle, and move closer towards the 50d MA, which is when I would flip to bullish.
Watch carefully.
CBAT Day/Swing-Trade IdeaCBAT's descending wedge trend has reversed into an up trend.
Little resistance is expected until it hits the $6.02 local fibonacci retracement support/resistance level.
A day trade may be possible from $5.50 - 6.02 range.
*Note - Prices tend to peak between 9:30 AM and 11:30 AM EST historically (See Chart).
A swing trade may be possible from $5.50 - $7.24 over the next week.
ALUS - OversoldNAV at $10 and current price is near $10.50. Risk/reward very good
1 hour, 4 hours and daily totally oversold.
BUY
Breakaway GapWhen the price opens above a significant resistance area it is known as a Breakaway Gap.
This is a bullish signal and indicates the start of a strong trend.
Although some would argue that gaps must be filled it is important that we identify what type of gap we are looking at.
Breakaway Gaps are usually backed by a positive announcement and in this case it is;
PUREgraphite Awarded US$5.57M from the U.S.
Department of Energy (DOE) for New Technology
Development
Price is currently sitting at a major Fibonacci level of %61.8.
It is possible that we at a major resistance however a move above this level
could indicate that we are likely to reach the next target of 4.75
-BreadCharts
FLUX Power Holdings Y/Y Q1 Revenue Increased By 135%Flux Power Holdings, Inc. engages in the design, development, and sale of rechargeable lithium-ion energy storage systems for industrial applications.
Q1’21 revenue grew 135% to $4.5M compared to Q1’20 revenue of $1.9M
The MARKET CAP is 123.907M.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.