EVgo update.The share price flew today, up 16%, on the news that the company’s ceo has bought 125,000 shares at $2.00, canny laddie. Short term chart pattern is forming hh’s and ll’s. Make your own predictions on this chart. It’s a long way to the top if you wanna rock & roll.Longby RIckAshby1
I’m buying a dogNo it’s not a golden retriever or a jack Russell, it’s EVgo. Price closed on Friday at $1.81, up %5 on the day, off as near as dam it an all time low. EVgo is the 3rd largest charging company in the USA behind Tesla and Chargepoint. Revenue has grown impressively since it’s inception beating estimates for the last four quarters. Take a look for yourself at the numbers. Having been forced out of my holding in Darktrace last week, at a very handsome profit because of a takeover, I have some cash to splash. Come next April I’m going to have to find some cash to pay off the inland revenue for the capital gains. My logic is that this company is seriously undervalued, Cantor Fitzgerald have recently downgraded the company from buy to hold with a price target of $5.00, eh ! how does that work. One brokerage has a $7.00 target Now I’m not going all in on this one because there is obvious risk. If it works out then I can pay off the tax man next year, if not then I’ll reduce my capital gains tax by selling at a loss and reduce my gains. On a technical level, price bounced strongly from a double bottom on the 4hr chart. Results are out very soon, having built up its infrastructure over the last few years hopefully it can start to deliver some positive earnings soon and the share price will recover by RIckAshby113
$EVGO to $10?Looks like we have another H&S setup possibly forming here. Looks likely for us to trade towards $10 here. DCA would be effective here as this is a long-term investment play. Longby FASTFOODFX5
EV charging stocks move the same wayA curious graph shows us that CHPT, BLNK and EVGO. The three stocks move at roughly the same pace and the three represent a good LONG opportunity right now.Longby TiagoAprigio4
The future looking good.Another chart I was watching since April of 2023. After doing a technical analysis and see the growing of Electrical cars being produced.Longby Elijah_Anduze3
EVGO - Tapped into Discount Zone - What's next? 50% from recent EVGO - Tapped into Discount Zone - What's next? 50% from recent highs and the blue 200 day EMA 'watermark'. Keep it Simple!Longby PortfolioBuildersClub0
EVGO - oversold. Market breadth remains a significant factorEVGO is looking attractive here. In the ratio (EVGO/TSLA) chart I have comparing it to TSLA’s price, it has hit this RSI level 3 times before and seen excellent gains afterwards. The EVGO chart alone shows a potential double bottom if it bounces here. The EVGO/(CHPT*BLNK) compares it to it’s main competitors outside of TSLA and you can see that the market favors EVGO over the 2 year period they’ve been listed. The only doubt I have it the issue with market breadth - only a handful of large companies are participating in this (AI frenzy) rally - the rest are struggling with high rates. Of course, over the long term, you would expect to see the entire EV sector make big strides due to government stimulus and subsidies in the space.Longby EquityEye1
EVGO this is a heavy support areaIf the candles remain between -4% - 4%, and the volume remains elevated from the previous 30 days, this is ramping up to be a large move. From what I've seen in the SEC files, the CEO of Sustainability, Kate Brandt, has purchased quite a bit of this equity. FYI, I am not a finacial guru and this isn't financial advice. Do your due dilligence.by divergenceintrend660
Evgo long term investment Evgo next innovation and conductors for all future call businesses 6 Mqp Demand Wedge pattern Long term investment Nasdaq correlation Potential Big percentage gain Longby Master_Traders_MTA2
$EVGO 1:2 RR trade ideaI am looking at the monthly consolidation broken Looking for a move up to test the supply Longby praveen.casimirUpdated 0
EVGOWe can see this bulish pattern impulse wave can lead other pattern break so we can see BUll marketLongby batnyagt19901
EVGO | Time to Charge Up | LONGEVgo, Inc. owns and operates a direct current fast charging network in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot, or garage, pay gates and pilots microtargeted advertising, and charging reservations; and maintenance and development and project management services through eXtendTM, including electric vehicle supply equipment installation, networking, and operations. The company was incorporated in 2010 and is based in Los Angeles, California.Longby DivergenceSeeker2
EVGO TO THE MOONI definetly see a whole lotta potential here financials not to bad looks like its in the expansion phase to me definetly an innovation aside from tsla doin it EV is without a doubt the future lets not fight it this company is going to replace EXXON SHEL BP. gas stations i wont bash them to much cause they can always transition im not going to stop here im going to check if its competitions have better profit potential this industry is low key like ink its there its frequent but we never really take note www.marketbeat.com dont feel like typing 2 much so imma summarise this here SENNA SEASONby Bekiumuzi_Dube114
Ev Sector rallying a bit but.. EVGO SHORT @ TOPEVgo, Inc. engages in the provision of electric vehicle charging station services. It offers the EVgo network, home charging solutions, work charging solutions, and freedom station plans to electric car owners. The company was founded in October 2010 and is headquartered in Los Angeles, CA. Target range 8$ less June 17th contracts Shortby SomeStockNewb3
EvgoDaily and weekly support ranging around 7.45. Let’s see how she reacts in this range. I’d like to see daily turn back up after a few days or hourly tests. Could be a nice long postion by Erictaylor1
Ev goWatch thi trend support. We tapped today quite a bit around 12.01- lowest 11.94. As long as we remain above 11.90 and don’t close and use as resiatnce this could still contiue its uptrending support. Def could Be a beautiful setup to long from these levels Longby Erictaylor1
EVGO My idea is we have support 13.30 from this resiatnce breakout that sent momentum flying up towards 14s. We have now came back and what we want to see is roughly 13.12 at the lowest to 13.30 hold as support and claim as new support. I did load at 12.75 I just got filled on a 13.30 add and have buys at 13.12 if that 13.30 doesn’t work as planned. Either way I’m averaging in on this beast on pull backs. Chart looks really greatLongby Erictaylor0
EVGO earnings on WednesdayEVgo is the nation’s largest public fast charging network for electric vehicles and the first to be powered by 100% renewable energy. EVGO Q4 earnings are on Wednesday 3/23 at 7am. Evgo (EVGO) reported Q3 September 2021 revenue of $6.2 million. The consensus estimate was a loss of $0.08 per share on revenue of $5.8 million. The company said it expects 2021 revenue of $20.0 million to $22.0 million. The current consensus revenue estimate is $20.78 million for the year ending December 31, 2021. With yesterday being the first day of Spring and gasoline prices rising, I'm long EVGO. Here's levels on the 1-day chart: Q4 December 21' Consensus: EPS = -$.12 Revenue = $6.13M 52 week high = $19.59 52 week low = $7 breakout = $14.67 R3 = $13.96 R2 = $13.25 R1 = $12.54 pivot = $11.83 S1 = $11.12 S2 = $10.41 S3 = $9.70 breakdown = $8.99 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comLongby Options360Updated 5
what goes down, must come uphi all The correction that I told in my previous idea is now finished. wave 1 and 2 are done, so the Fibonacci extension can be made for the calculation for wave 3.4.5 (yellow) wave3 we can divided again in an Elliot wave (purple) It can be that the 1.618 Fibonacci is a resistance for wave 3, but most likely it's a support for wave 4. Hint: The revenues that are coming out in March will play a big role (again) GREETZ SSLongby ShareShares18112
What goes up, must come down.hi all we had the Elliot impulse wave(12345), now we need to see a correction wave (ABC). The Fibonacci retracements are telling me that were are going under 10$ for a buy-zone. It can stop at 78.6% but mostly it goes all the way to 95%. It depends on the Bulls/Bears. After the correction we will see a new impulse wave. GREETZ SSby ShareShares18330
EVGO breaking important levels🚨evgo recently broke below a local resistance zone, must reclaim this resistance and break 14.5-15 to continue higher towards 20+.. For now its stuck in consolidation mode. please like and follow for more 💘Longby Vibranium_Capital4424