EV
Xpeng: The Next Big Thing? 👽👽👽You all probably came across statements like: “If you invested just X amount in 20XX, then today you would have …”. Guys, don’t worry! We found the next big thing! After its peak in November, the Xpeng stock steadily declined, and people were quick to put it as an “all hype” story aside. We, however, expect it to turn around within the target area of $15.93 and $28.44. From there, we expect the stock to skyrocket to somewhere between $121 and $131.
Don’t miss out on this one, guys!
XPEV signal is curling up, high volume + small bodiesHi,
just came with the long idea on XPEV. Stock is oversold and recent volume shows someone is buying heavy. You may think that the candles have long bodies. But dont get fooled my friends. This is result of gap ups opening. If you try to be unbiased and clean gap up mess we will see inverted hammers/morning starts. Signal is curling up on 1D while on 4h we had crossover. I see this a great long oppoturnity. Drawn you rectangles with risk reward ratio of 5:1 - seems good :) or even more in a longer perspective.
XPEV also presented very good earning report beating the estimates.
Cheers.
NIO Swing Trade IDEANIO is one of my favorite EV plays as the sector took a big hit in the beginning of march. NIO has a advantages in China compared to its competitors.
NIO says that the worldwide chip shortage is going to effect production in Q2 and that they’ll make fewer vehicles. However earnings overall were okay and balance sheet healthy. Deliveries dropped a bit in February.
Still very bullish on this stock and was able to fully create my swing position today.
For more information from me and daily updates.
My stock trading team is open for enrollment @ doughboyinvestors.org
BYD - Nice opportunity to enter this momentum playBYD has recently been more in the spotlight due to the heated EV Space.
With BYD's superior financials and profitablity due to its wide range of products, the fundamental value that is strong and view pullbacks as entries to buy this a piece of this wonderful company.
TESLA - SHORT TERM REVERSAL PLAYLooking for a short-term bounce on TSLA.
*Historically when TSLA gets this oversold we experience a bounce in the price action.*
*Hammer Doji on the daily is hinting at a possible reversal in price action in the coming week.*
Looking for a bounce to $750 this week.
Good luck traders.
TSLA returning to old channelGreen line are when the tech bubble occurred. I assume that the institutional investors have rotated into different sectors away from tech and re-entry will be support of the original channel before breakout, with support being 550. Anything below 550 I will see as overselling and the best buy range for long term positions. Not financial advice, just my take.
NIO can cool off moreNIO has basically had a full year bull run.
Most people predicted $60 by the end of 2020, and that happened. It still has not seen a major correction in 12 months.
Notice the previous and current touches on the 100 day EMA.
Longer term EMA's are more significant than short term EMA's.
I see a decently long selloff here. Not going to get excited about NIO until they come out with some majorly good news or hit low $30's again.
Thoughts CCIV vs FSRSPAC's have the same trading cycles. Right now we're in the cycle after the Acquisition news sell off. This is the area where price is finding support and eventually a selling climax area. IMO CCIv has not found its preliminary support before hitting a selling climax at the 21-23 range. ( Research Wyckoff Method )
CCIV - ABCD pattern As I told before, I'm bullish on CCIV.
I added ABCD pattern in the chart to show how it will evolve.
After all the noise is gone, it will hit back to the trending channel in the middle and up.
CCIV - Back to the moonLooks like we have support here and just turned back from 26 range as I told before on one of my other analysis.
RSI was too oversold and now pushing back above oversold level.
MACD just crossed.
NASDAQ just made double bottom, and 10 year bond could not reach above 1.51, good signs for bullish.
Based on Fibo level and RSI
Price target 1: 34
Price target 2: 42
Price target 3: 46
Is TSLA killing its own investment?When arguing the pros and cons of cryptocurrency, a common argument is that eventually the power consumed by mining operations will become too great. At some point, something will have to give, and that something will likely be in the form of government regulation either restricting or outright banning crypto mining.
When this argument is brought up, there are also naysayers who say that crypto miners can simply move to other areas having excess power capacity, or that power generation can simply be increased enough to meet the demand. But, in my opinion, those people aren't taking into consideration the other industry that is vying for every extra watt of electricity: the EV industry.
With crypto mining continuously consuming more and more power, and the EV industry skyrocketing into maturity, this situation will eventually come to a head. Our power infrastructures simply will not be able to produce enough electricity to support both of these industries. One will come out on top of the other. Personally, I'm betting on the EV industry; transportation will have to take precedence over decentralized currencies.
Now, the predicament. Tesla recently invested $1.5 billion in BTC . If this was intended as a long-term investment, then Tesla seems to be shooting itself in the foot. Why invest in another industry that is directly competing for the single most important resource to your own industry? That seems a bit short sighted if you ask me. However, if this was intended to be a short-term investment, then kudos to the Tesla BOD and congratulations on the quick profits.
What are your thoughts? Has the Tesla board of directors made a huge mistake, or was it a sound investment? Which industry are you betting will win the fight for control of our power grids?
CCIV - Oversold potentially 10x stockI was one of the few who did an analysis where I told that CCIV would drop a lot.
but this is absolutely an oversold level. People may be totally crazy, this stock will be pushing back!
Support at 26, 20, and 16.
Push back more likely from 25-26 range, good support here.
CCIV - Time to buyDouble bottom at 30 ish now and RSI too much oversold(PEOPLE ARE CRAZY).
CCIV keeps inside both trendlines, this is absolutely the best time to buying in NOW.
The fundamentals and projected revenue will price in soon.
And I don't think the price will be below 40 in coming weeks.
Support - confirmed
Fibo level - confirmed
RSI oversold - confirmed
Trendline - confirmed
BUY and HOLD, we are bullish