SGBX Building Blocks For Which Direction?SGBX has had a great run so far, can't argue with that. But now that volume is a bit lighter, is it building blocks for new highs or for a failure at resistance again? The .50 Fib line has been a relatively consistent area of resistance over the last few weeks. Meanwhile, .618 seems to be an area that SGBX has bounced from after a pullback. As it approaches the 50 again, volume could play a key role. Also, any industry influence may be something to pay attention to as well. For instance, it has exposure to several popular niches including EV:
"SG and Blink Charging Co. (NASDAQ: BLNK), an owner/operator of EV charging equipment and services, entered into an exclusive Master Development and Production Agreement last year. Blink’s EV charging solutions will be deployed along with SG Blocks’ container-based modular building structures. Essentially, the two will create EV charging containers providing charging solutions for EV drivers. While this isn’t the only industry SG focuses on, it does give them some exposure to one of the newer tech niches to watch in 2021."
I think as this continues to consolidate, the $5.70 area may be the closest to pay attention to for it to either break and hold above or fail. Also, depending on the volume (and it isn't on the chart right now), the 50DMA is starting to curl up toward the 200DMA. Volume would need to pick up to confirm any possible golden cross however. We'll see what happens.
Quote Source: Best Penny Stocks To Watch If You Like Tech? 7 For Your List In 2021
EV
$TSLA on the road back to $900?*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
My team and I undoubtedly agree that Tesla ($TSLA) has incredible potential and upside, both short and long term. Having someone as renowned as Elon Musk at the helm of operations adds a sort of "social equity." At its founding, Tesla took a large risk by attempting to cultivate and advance the electric vehicle scene. The company has ramped up operations in recent years, and appears to be ahead of its competitors in the electric vehicle space. This paired now with its current operations in the solar energy/energy alternative industry, Tesla is attempting to shift the market's normal consumer demands. These shifts are presently altering some trends that have been apparent for over one hundred years; i.e. the gas/oil automobile industry, as well as thermal energy powering many residential and commercial buildings in the United States.
Tesla has been going through a correction from a $900 price point hit earlier this January. Based on its chart, it appears that there is a support level at $550. Past that, there doesn't appear to be much structure on the charts, simply due to Tesla's huge run from $70 since March 2020 has not allowed for a clear trend and/or structure to emerge due to its huge value increase. The only trend that appears at Tesla's current price level is a bullish trend started in the middle of this past May. Tesla is at a resistance point on the charts currently, it has pushed to a $700 price point, and has bounced off of this resistance level 3 times. Regardless of this resistance, Tesla has clear bullish sentiment, and could break through this $700 price point in the next few weeks. Through its current pattern, this company has potential to hit a $1,000 price point. This price point will not be reached anytime soon, but the company could see itself in the $800-$900 per share price range before the end of 2021.
At its current price point under $700 per share, we believe this stock is undervalued. This price point could be a "golden-egg" entry for people wanting to hold Tesla for years to come. Whether attempting to hold $TSLA for the long, or wanting to turn some profit in the short, seeking an entry in $TSLA in its current state appears to make sense.
MY ENTRY: $610
STOP LOSS: $575
TAKE PROFIT 1: $775
TAKE PROFIT 2: $900
Check out my team over at @SimplyShowMeTheMoney
Members of our team are followed there.
CCIV - Ready for a ticker change launchIndicators making higher highs, volume increasing, ticker change soon. Infrastructure plan in talks = positive for EV stocks.
Keep holding this, you will not regret. ;)
PTRA $25 Price TargetPTRA
Current Price $17.10 Price Target $25
Just this week Proterra and Miami-Dade agreed to install one of the largest fleet charging systems in the U.S. with 75 Proterra chargers across three bus routes. Miami-Dade's purchase of 42 Proterra electric transit buses brings its fleet to 75 Proterra buses With 19 megawatt-hours of battery storage capacity, the project demonstrates Proterra's ability to offer full fleet electrification technology solutions to commercial vehicle customers. This deal also shows Proterra’s competitive edge in EV bus market that should attract a large amount of government investment over the upcoming months and years. A big catalyst for PTRA is the infrastructure bill which saw some positive developments last week as the Biden administration and moderate senators are close to a deal. This deal would allocate $7.5b to EV public transport, given PTRA is the clear leader in this sector PTRA would benefit greatly from this deal.
FSR should launch higher on Russell 3000 inclusionFSR will be included in the Russell 3000 index on June 28th. There has not yet been significant volume indicating that the mutual funds and ETF's that are mandated to track the index have most likely not made their buys yet. When they do make their buys, this should result in a large inflow in a short period of time pushing the price higher.
The IWV, an iShares Russel 3000 index ETF, is one example of a fund that will be obligated to add FSR, and to put it in perspective this single fund has $11.6 billion AUM (assets under management) so even a 1% allocation would result in a $116,000,000 inflow.
VPVR shows there is not much overhead volume at these price levels meaning it really could rocket higher. FSR also has 12.4% short interest as of 6/15/21 which could make for some covering.
FSR recently partnered with MGA, Magna International, Inc which gives them the benefit of Magna's long track record in the auto industry with lots of expertise and existing relationships with suppliers. This legitimizes FSR and its prospects for reaching the mass manufacturing stage.
ALYI PT $1Current Price $0.051 Price Target $1
We saw a big jump in ALYI this week as news came out that alternate systems is on track to meet their July delivery date. I covered ALYI exclusively in a video a couple days ago so if you own ALYI I really recommend you watch that in depth video. With deliveries on track there is nothing but catalysts for ALYI in this next month. With some volume I think its more than likely we will move up to test the top line of resistance on the current trading range around 8 cents very soon.With the crazy valuations being thrown around to EV companies ALYI sitting at 29 pe is very cheap (for comparison TSLA is 600x). Given its such a small market cap stock (sub 10 mil) it takes a very small amount of capital to appreciate the share price. ALYI is my top stock for 2021.
Ayro Possible inverse Head & Shoulders detected within a C&HNASDAQ:AYRO has a lot of potential as an American Company focussing on a niche. Now everything starts opening up post Corona era, it should be able to sign contracts and start delivering their EVs.
Also at February 11th they had entered into definitive agreements with several institutional and accredited investors for the purchase and sale of 4,400,001 shares of the Company’s common stock, at a purchase price of $9.50 per share, in a registered direct offering priced at-the-market under Nasdaq rules. In addition, the Company granted to the investors in the offering the right to acquire an aggregate of 3,300,001 shares of the Company’s common stock at a purchase price of $11.50 per share until the one-year anniversary of the closing date of the offering. The closing of the offering is expected to occur on or about February 16, 2021, subject to the satisfaction of customary closing conditions.
The gross proceeds to the Company from this offering are expected to be approximately $41,800,000, before deducting financial advisory fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.
Ford has Reversed!Looking at the 6 month trend for Ford we can see that a reversal is finally happening from the selling side to the buying side! After this 2 week long sell off from our high of 16 and dropping to lows of 14.50 the selling might be starting to slow down and we can see some upwards movement from here back to 16. Ford will be releasing earnings from Q2 here in the next month and is expected to beat analysts expectations which is a very bullish sign. The pre-orders for the F-150 lightning and the Bronco have been through the roof being the main driving factor behind these revenue beats. I believe this should provide for a strong bullish push on Ford here in the next few months.
This is my opinion.
$TSLA as neutral as it gets*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Elon Musk: "Tesla has diamond hands"
$TSLA is one of the top most talked about and traded stocks right now. Its staggering growth within the past two years is evidence of its potential, but regardless $TSLA was long overdue for a correction at some point.
$TSLA now sits at $618.45 per share after correcting from its 52-week high of $900.4.
My team has analyzed the financial sheets of numerous companies, large and small, but only few have matched the absolute beauty that $TSLA really is behind the scenes. Not to mention the fact that $TSLA is so much further ahead with their electric vehicles and self-driving technology than the likes of competitors such as Ford, Toyota, GM, and even Nio.
My team is patiently waiting for $TSLA to breakout from the triangle on our chart.
We believe in our hearts that $TSLA will continue to be a dominant player in the market long-term, but sometimes believing just isn't enough. So for now we remain neutral on the sidelines.
Our patience will be rewarded...
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PT $0.08 Long Term $1ALYI Current Price $0.06 Price Target $0.08 - Long term still think we head to $1 this is just the current range we are in
ALYI is up 75% today. I'm not really trading ALYI I'm a huge believer in this stock long term. We bounced on a key support level and at the same time today ALYI announced completing a scheduled review of its electric motorcycle development program with MODUS Applied Innovations. I think we should continue to move higher as we wait for July deliveries. 10x avg volume (finance.yahoo.com).
$CHPT possible pull back soon*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been swing trading EV sector tyrant $chpt for the past couple months. In this time-span it has continued to bounce from its $20 support zone . The potential is undeniable for an established EV company like $chpt. There is also an impressive amount of option calls which suggests bullish momentums. We recognized the bullish price action of $CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21.
$CHPT currently sits at $31.41 per share.
For those of you who remember our original take profit on $CHPT was $31 because we suspected a resistance around the $32-33 price zone. For that reason alone, we do not think its wise to average up or enter right now until further notice.
My team plans to average up one last time on $CHPT if the opportunity presents itself, but in the meantime we plan to sit back and enjoy how deep in profits we're now on this trade.
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$NIO Easy Channel Trading 6/15Hasn't been the hardest to trade bounce in this channel. It is currently being held up and its linear deviation (middle yellow line) This could be our nearest support if we end up bouncing today
Looking for a return to the 44.50 support. Where we hope to see our third and final bounce but we have already hit resistance multiple times.
A break of the channel support would have $NIO back down to the 42.50 level where I anticipate a bounce. Remember inflation news coming up soon could effect the market alot.
I will do a video update on this after hours
Electrovaya (EFL) - The sleeping giant. Looks very cheap- Oversold at stochastic with bottom
- RSI and MACD have raising trend.
- in accumulation area right now
- Will be listed on NASDAQ soon
- Zero shares to short: www.shortablestocks.com
- Contract with Toyota for battery supply
- contact with Canada government for busses in the country
- market cap at 200 CAD equal to 165 USD, CHEAP!!!
First target is 1.65, if we can break this resistance, will go up to 2.20
Xpeng: Is now the time? 🤑🤑🤑A lot of you have asked for an update of our Xpeng analysis. With the ongoing testing oo the resistance at $37.50, we are at a crucial stage of the price development. If the price is able to hold this level now, we believe that the way is paved for a strong bullish run. Also, we have adapted our price target for wave 3 in green, as we set it to $109.25 - $118.93. So, the expectation is still extremely bullish, but it remains to be seen whether we can stay above $37.50.
Don’t miss this chance!
$CHPT June Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been swing trading EV sector tyrant $chpt for the past couple months. In this time-span it has continued to bounce from its $20 support zone . The potential is undeniable for an established EV company like $chpt. There is also an impressive amount of option calls which suggests bullish confidence.
We recognized the bullish price action of $CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21. From their the price moved further up and now rests at $28.31.
My team has increased our previous take profit target of $31 up to $37.
Technical analysis update: ALB (27th May 2021)ALB broke out of its triangle pattern. It prierced above upper bound which is bullish sign. RSI, MACD and Stochastics are also bullish. Our short term price target is 180 USD per share. Our medium price target is 200 USD per share.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
TRIPLE CROSSFSR looking very bullish on the 4 hour
triple cross waiting to happen with 20,50,200 day MA’s
would love to see 25 again
$FUV Target 22.18 for 48.26% $FUV Target 22.18 for 48.26%
Or next add level is at 7.74
This one is just sticking right to the plan...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.