Teslas now down 25% off its highs. Is it turn-around time?Teslas share price has been steadily heading down for the last few weeks and dragging a lot of the EV market for both vehicles and miners with it.
RSI dipped into the low 40's but now that the Fed announcement is behind is, perhaps buyers might start to come back into Tesla.
It certainly seems to be at a reasonable value area. Feels like it just needs one positive announcement from Elon to rally.
Worth a watch.
Search in ideas for "zAngus"
NVIDIA recovering from its 20% pullback.NVIDIA has had a great run over the last 12 months and then had a 20% pullback exacerbated by weakness in the rest of the market.
I managed to get in early yesterday and capture most of its 8% recovery and am hoping for more.
NVIDIA is always in the conversation with existing and emerging technologies from gaming to crypto mining to the incoming metaverse.
Worth a look. I hold, but have stops in place in case the market reverses again.
Pfizer will dominate $28 billion COVID-pill market in 2022With the rapid spread of Omicron across the globe and the strong reluctance from Governments to shut down again, it will be interesting to see how quickly a Covid tablet will become available on mass.
Pfizer is tipped by a few different sources to be the likely one to take the lead.
Share price looks too hot at the moment so will keep an eye on it for a pullback.
Strong run at the moment.
Pfizer authorizes $1 billion for ORAL COVID-19 treatmentAn ORAL treatment for COVID would have to be one of those holy grail type products where literally everyone in the world needs it and probably on an annual basis...
It is probably years away but will no doubt get fast tracked when it is close to ready.
Big resistance area on a long term chart, but the world has changed in the last 2 years.
Feels expensive on the daily, but interesting to keep an eye on for sure.
Pretty big pullback on Pfizer. Will it recover?I find it quite interesting how these vaccine stocks (pretty much all of the Covid ones) have taken such a big hit on the concern about how effective any boosters might be.
Most governments globally on behalf of their citizens are trying to bulk purchase as many doses as they can and there is simply not enough supply.
I'd expect to see a recovery, but the main bit of news I want to keep an eye out for is the first one out of say Moderna and Pfizer who creates an oral booster type tablet.
Worth a look.
Nvidia rallying on better earnings forecast and new chip plansNvidia is at an interesting area after having tracked sideways for quite a while. It looks like it could be about to break to new highs, but might still be a bit of a short term pullback so it can build more of a base for its new pricing levels. Being back above its 50 day moving average is often seen as a good bullish signal.
The catalyst was in todays TradingView news summary "Nvidia Corp NVDA jumped 5.6% after saying Monday it would make a server processor chip that would directly challenge Intel Corp INTC . The chipmaker also signposted above-guidance first-quarter sales."
On the watch list.
DRIV:ASX - BetaShares Electric Vehicles and Future Mobility ETFNewly launched ETF for Australian investors that enables easier access to a portfolio of leading global innovators in automotive technology.
More info on the fund at: www.betashares.com.au
Holdings include:
TESLA INC
NIO INC
APTIV PLC
UBER TECHNOLOGIES INC
VOLKSWAGEN AG
VOLVO AB
PACCAR INC
BYD CO LTD
LI AUTO INC
XPENG INC
Gritstone Bio Secures Funding to Develop COVID-19 VaccinesSpeculative trade if you take it, but has had a history of running up high in the past. You can click on the TradingView Stock News icon to see the headlines.
Found this on a Bollinger breakout with volume, but you will need to zoom in to see it.
Might be worth a look. I'd keep your stops close though.
$UWL - UNITI WIRELESS - 700% gain over 2 monthsUWL has been having a great run over the last couple of months. Indicators look like it might continue for a bit longer yet, but it is quite volatile so do make sure you set your stops.
It closed at $1.56 just short of the daily high of $1.58 so that's often a good sign for the next day, but with such a good run there could be some profit taking about so make sure you have your stops in place.
Volume still looks quite positive with 100 buyers for 678,017 units versus 23 sellers for 166,617 units.
About Uniti
Uniti Wireless Ltd is an Australia-based fixed wireless broadband connections provider. The company provides wireless broadband connections to residential and small and medium-sized enterprises (SME). The Company is primarily focused on offering its services in the suburban and metropolitan areas of Adelaide and Melbourne. Its offered products include AmpliFi HD Mesh Router, Ubiquite AirCube, and AmpliFi MeshPoint HD Routers. The company wholly owned subsidiary are Uniti Air Pty Ltd, Uniti Play Pty Ltd, Uniti Health Pty Ltd, and FuzeNet Pty Ltd.
Australia's Lynas posts record annual profitRare earth miner Lynas is looking good again on the charts. It pulled back to a previous support / resistance area, and bounced nicely off its 50 day moving average.
Various indicators all looking bullish. MACD / OBV etc about to cross.
Worth keeping an eye on - especially as rare earther.
Monday - New listing worth keeping an eye on.Not a whole lot to say about this one. Monday is a cloud based system that allows teams to very efficiently work together on projects with well defined workflows and easy to use hand off points.
My main interest is my sister uses it to completely power and drive efficiencies through her business. Every week she adds something that just further tweaks her workflows to drive out costs and improve turn around times. I'm impressed with how well it works.
It is a very cool tool.
VUL signs binding lithium offtake agreement with RenaultCompany announcement today with the agreement in line with Renault Group’s ambition to offer ‘made in Europe’ cars. Following the launch of Renault ElectriCity – a new production unit for electric vehicles in Europe –Renault will purchase between 26,000 to 32,000 metric tonnes of battery grade lithium chemicals over the duration of the agreement.
Lets hope it runs as well as the last two times I looked at it.
Fingers crossed. Buyer beware.
Bitcoin back testing support. Fonzies not worried. Yet.Bitcoins back to retesting that $60k mark which is quite reasonable given all the hard work it has put in lately.
It's important it holds it of course, but if it does there is quite a bit of potential upside that it can recover if it is indeed on its way to $100k.
If not, then good chance to watch it drop and get in at a better price.
Winner winner either way.
Tesla to reach a share price of US $3,369?Cathie Wood of Ark Invest has long been an advocate for a Tesla $3000+ price target and now fund manager Holon Global Investments has just released a 144-page report on the future of Tesla and describes Tesla shares as having “remarkable upside and provide investors with a once-in-a-generation buying opportunity” at their current level. Using a 30-year discounted cash flow model for Tesla, Holon arrives at a fair valuation today of a whopping US$3,369 per share.
Price has been going up nice and steadily and the demand seems strong with PLENTY of new models in the wings. Who knows. $3,000 price target might be a thing...
Keysight Selected by NIO to Verify Connectivity in EV'sKeys has had a great run throughout the last 12 months but has been pulling back down to its previous support / resistance area where it will be interesting to see if it bounces or continues down.
I did spot that in todays news, NIO has announced that they will be using KEYS to help test various connectivity functions within their Electric Vehicles. NIO is a pretty pumped stock so I wonder if there will be any flow on affect across to KEYS when the news spreads wider.
One to watch.
12 month view
Sayona is an emerging lithium producer in Québec and AustraliaI think ASX listed Sayona looks interesting, and with such an aggressive price move this year up over 1600% they do appear to be at a fairly strong support area with most indicators looking pretty bullish.
I liked their PLL partnership as well. One to watch.
From their About Us page:
Sayona Mining Limited is an emerging lithium producer (ASX code: SYA; OTCQB: SYAXF) with projects in Québec, Canada and Western Australia.
In Québec, together with strategic partner, Piedmont Lithium Inc. (Nasdaq:PLL; ASX:PLL), Sayona has successfully acquired North American Lithium, an established lithium mine and concentrator, which it plans to integrate with its nearby Authier Lithium Project as well as its emerging Tansim Lithium Project to create a world-scale Abitibi lithium hub.
Sayona has also announced the acquisition of a 60% stake in the Moblan Lithium Project in Northern Québec, located in the established lithium mining jurisdiction of Eeyou‐Istchee James Bay.
The Company has committed to downstream processing in Québec to supply the fast-growing North American battery and EV market.
In Western Australia, the Company holds a large tenement portfolio in the Pilbara region prospective for gold and lithium. Sayona is exploring for Hemi-style gold targets in the world-class Pilbara region, while its lithium projects are subject to an earn-in agreement with Altura Mining Limited.