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GOEV

$GOEV - Found base. Breakout Target $20Forming base inside the descending wedge. Break out from descending wedge could send the stock to $20. Target 1 - $15 Target 2 - $20 ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice.
NASDAQ:GOEVLong
by PaperBozz
Greater Fool TheoryBar chart: Monthly trading value estimation(Close price*TradeVolume) Orange line: Average of the last 12 Months trading value estimation December 2019: Closing above the previous range, and 65% increase in monthly trading value compared to the average of the last 12 months. February 2021: Closing 15% below the previous high, 25% decrease in monthly trading value compared to the average of the last 12 months, and 59% decrease in trading value in the first 2 months of 2021..! Money is the true drive behind any price movements in any market. When money influx increases, prices will go up unless supply increases more than demand. Since January 2021, money outflux started in most EV companies, and their bubble burst in February 2021. Now you see why I insist Tesla is bearish since mid-February 2021. What Is the Greater Fool Theory? The greater fool theory argues that prices go up because people are able to sell overpriced securities to a "greater fool," whether or not they are overvalued. That is, of course, until there are no greater fools left. Investing, according to the greater fool theory, means ignoring valuations, earnings reports, and all the other data. Ignoring the fundamentals is, of course, risky; and so people subscribing to the greater fool theory could be left holding the bag after a correction. Institutional investors and mutual fund companies are labeled “the smart money," while retail (individual) investors are called "dumb money." Because the “dumb money” group doesn't have access to teams of analysts or carefully compiled data, they often make trades based on instinct—and to buy and sell investments at the worst possible time. Moshkelgosha February 17th, 2021: Educational Articles: 1- www.investopedia.com 2- www.investopedia.com
NASDAQ:TSLAShort
by Moshkelgosha
3
EV enthusiast investors please do not get too excited!As you see in the charts, in the past 3 months, most EV makers lost between 40-70% of their value..! This is completely an example of a Crash..! keep in mind that they were the best-performed stocks since late 2018. I believe this is not the end of the bearish move for these stocks, because they were so overvalued that can experience another 50% decrease in the longterm(next 2-3 years)..! Even their mam Cathie gave up and decided to try her social media trading pump and dump plan this time in the Space. please read the related links to see how many times I wrote on this..!
NASDAQ:GOEV
by Moshkelgosha
9
Updated view for the next 3 weeksPotential gain:25% Reward/Risk:3.3 Timeframe: 1-3wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live stream and quality content videos coming soon..! Moshkelgosha
NASDAQ:GOEVLong
by Moshkelgosha
5
Keep it in your watchlist for breaking upward(Call options)This week I will keep my eyes on GOEV for breaking upward and after confirmation, this stock moves fast so its call portion could be rewarding..! Please note that: options are tricky and they expose you to much higher reward/risk. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live stream and quality content videos coming soon..!
NASDAQ:GOEVLong
by Moshkelgosha
6
Correlation study of EV makers!When I compare the EV maker stocks, I noticed 2 companies have different behavior in comparison to others and interestingly the have positive correlation to each other while having negative correlation with other EV makers! These two companies are Fisker (FSR) and Canoo (GOEV). While most EV makers experienced more than 30% price correction in the last 3 weeks, FSR (28.50) is almost 90% above the last 3 weeks close(15.40)! The important point is everything happens 2-4 weeks sooner in FSR in comparison to Canoo (GOEV). 2-4 wks delayed time cycle! We should wait and see if such a move is going to happen in GOEV as well, or it is going to follow the EV makers group!
NASDAQ:GOEVLong
by Moshkelgosha
9
Is CANOO the next big thing ? Hyundai motor was in early-stage talks with Apple about potentially working together to develop an electric car. - Report CNBC So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in 2022, with scaled production and launch planned for 2023. If all goes well, I reckon CANOO will keep climbing to beyond $50. Catalyst/Source: - www.theverge.com - www.cnbc.com - www.hyundainews.com - Joe Biden signs executive orders to cut US oil, gas, and coal emissions
NASDAQ:GOEVLong
by GoldCartel
7
My recommended portfolio of 25 stocks for 16-19 Feb 2021My weekly portfolios in the last 5 week have beaten all major indexes and ARKK returns! They made 64.14% compound return in 5 weeks..! Let’s take a look at the next week portfolio to beat the market: (put your orders +/- 1% change of weekly close) 1-AAPL 2-AQB 3- BTCS 4-CRSP 5- DB 6- DSS 7- FB 8- FDX 9- GNUS 10- HCDI 11-GOEV 12- HYLN 13- NGD 14-NVDA 15-PFE 16- QCOM 17- SDC 18- SNOW 19-TLGT 20- TSLA 21- VLDR 22- WRAP 23-X 24- FSM 25- FSR ( If your platform doesn’t let you trade a ticker: a good substitute would be MRVL) Please consider these bullet points * My recommendation for investing in the list is to invest equal amount of capital * in each stock( make a pie/ volume-weighted). * Try not to deviate more than 20% from the list. * Changes in portfolio will be made on Friday/Monday trading section. * stay tuned for real-time update during the week! There will be always some degree of risk in trading, please do your diligent work before making any decisions to trade or invest I will keep eyes on Apple call option for perfect entry point this week..! Wish you endless profits Moshkelgosha(Sniper Trader)
NASDAQ:AAPLLong
by Moshkelgosha
27
Can GOEV run like NIO?GOEV is an EV company and has strong backing with Hyundai. In there investor day presentation they mentioned a push for a fully autonomous vehicle and a subscription model that is different from the traditional car buying. “Innovation that excites”… Still a highly speculative stock but the technical aspect looks primed for another run. Watching this for a bounce off the bottom support line of the triangle and a break out (with significant volume, 1/3 of avg vol is low and could be a false breakout) of the triangle to begin its push back to ATH. Key Levels Resistance: 16.67, 17.21, 18, 18.89, 19.96, 20.44 Support: 15.68, 14.51, 13.51, 12.09 Ways to play this 1. As always safest way is to load shares 2. Scale in couple month out calls as its near support (catching the dip before confirmed reversal) 3. Wait for the breakout of the triangle to scale in long term calls (sacrifice profit for confirmed reversal) *TIP: draw trendlines and set an alert to catch the breakout and enter (one on the falling wedge (15m) and the overall triangle resistance (1/4hr) Option Ideas: 20C 5/21 2.35 (low risk: high reward) 25C 5/21 1.55 (medium risk: high reward) 20C 3/19 1.00 (low risk: high reward) 20C 2/19 .15 (lotto)
NASDAQ:GOEVLong
by jUiCE_Trades
10