Tag: electric vehicles

  • Weakness in EV Charging Stocks May be an Opportunity

    Weakness in EV Charging Stocks May be an Opportunity

    Electric vehicle charging stocks could be solid long-term winners. That includes Blink Charging (BLNK) and ChargePoint (CHPT). For one, according to Fortune Business Insights, “Governments worldwide are contributing towards setting up the charging stations. For instance, the Chinese government has approved the development of fast-charging stations by national policies. Similarly, in the United States, the…

  • This is Why ChargePoint Could More than Double

    This is Why ChargePoint Could More than Double

    There’s a critical need for electric vehicle charging stations. In fact, if the U.S. wants to see millions of electric vehicles (EVs) on the road by 2030, the country needs to put far more charging stations on the road. Sure, the Biden Administration has a goal of building out a national network of 500,000 EV…

  • Tesla Stock Could Sink to Less than $200

    Tesla Stock Could Sink to Less than $200

    It’s time to short Tesla (TSLA). Sure, the electric vehicle boom is still red-hot.  Demand for EVs is accelerating. However, after running from $150 to $275 it was overdue for a healthy pullback. Even RSI, MACD, and Williams’ %R were overextended. That being said, we wouldn’t be shocked to see TSLA drop below $200 a…

  • Use Weakness in Lithium Stocks as an Opportunity

    Use Weakness in Lithium Stocks as an Opportunity

    Investors may want to use weakness in lithium stocks as an opportunity. All as the world works to put millions of electric vehicles on the roads. For that to happen, we need far more lithium than we have now.  In fact, at the moment, there’s more demand than supply, which isn’t going to change that…

  • Pay Close Attention to This Split on August 24

    Pay Close Attention to This Split on August 24

    Keep an eye on Tesla (TSLA). On August 24, the stock will split 3:1.  While the split won’t change the underlying fundamentals of the TSLA stock, it will make the share price far more attractive.  Even better, with a stock like TSLA, we wouldn’t be shocked if it splits and runs back above $900 over…

  • Pay Close Attention to the Fisker Stock

    Pay Close Attention to the Fisker Stock

    Investors may want to keep an eye on Fisker Inc. (FSR). The stock just broke above double top resistance at $10.34, and could soon challenge $11. All on news it’s on track to start production of its electric Ocean SUV this year.  The company also announced it already has about 56,000 reservations for the EV.…

  • This is Why Lithium Americas Could Accelerate Higher

    This is Why Lithium Americas Could Accelerate Higher

    The world is in desperate need of lithium supply. For one, “lithium might run out by 2025. And as electric cars begin to take over the roads, lithium stocks could turn out to be some of the biggest winners,” as noted by Forbes. Two, the world could need five times more lithium that is currently…

  • ChargePoint Just Delivered Electrifying Guidance

    ChargePoint Just Delivered Electrifying Guidance

    ChargePoint Holdings (CHPT) is on the move. All thanks to electrifying guidance, and the future of electric vehicles. For one, President Joe Biden said his administration will “build a national network 500,000 electric vehicle charging stations” on the nation’s roads, according to CNN. Two, with EV demand still accelerating, we could see thousands of charging stations…

  • Tesla Could See $2,000 a Share in 2022

    Tesla Could See $2,000 a Share in 2022

    Tesla (TSLA) could be a $2,000 stock in the New Year. All as the EV boom accelerates. Not only could the $1.75 trillion climate spending bill help, but so could global leaders, who want millions of EVs on the roads yesterday. Forcing the EV stock even higher, Wedbush analyst Dave Ives now has a $1,400…