AwesomeAvani

ARVL Penny EV Stock Momentum from Earnings

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AwesomeAvani 已更新   
NASDAQ:ARVL   None
On the 2H Chart ARVL is always been underneath the Ichimoku cloud. Since earnings this has

changed. The earnings were nothing special. ARVL as a startup is still losing cash; it is priced

on the potential of the future. ARVL is in the delivery truck and bus segment of the growing

EV industry. It does not compete directly with TSLA. On the chart relative strengh also rose

over its cloud going from 40 to 70. Notably it crossed above the Ichimoku cloud simultaneously

with crossing over the POC line. Traders including myself watch for confluences to support

bias and a trend.



My feeler call option with 5 DTE trade was taken on Friday is up 228% over the weekend.

I will now take ten more but extend the DTE to 6/2 I see this as a typical penny stock high

reward high risk. This is like TSLA in its infancy. Also the higher it gets away from delisting risk

the more momentum it might have. This compares well and perhaps better than

LCID NKLA and PSR because it has a niche focus which protects it from the center

of the competition with other EV stocks.
交易开始:
Calls are now up 367% with 2 hours left in the trading day. I will buy ten more contracts DTE 6/16 tomorrow I will take away 25% of my calls to capture unrealized
profits.
交易开始:
Original calls topped out at 500% ( 5X= $750 on 10 contracts) I am feeling greedy and will watch for a pullback to sell off the originals and buy some further down the road.
交易开始:
Call options are up 733% on relative strength compared with general US market . Buying more feeling greedy. DTE 7/21 longer term.
交易开始:
I am adding now because ARVL is consolidating or at least resting a little. Interesting to see it rise while TSLA drops a bit.
交易开始:
Call options now up 1000% (10X) ( $150 to $1650 )
交易开始:
a bit of a pullback to rest after a bif run. maybe tomorrow continuation
交易开始:
ARVL is running hard after a pullback. Reloaded options for 7/21 at $2.50 strike.
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