What's going on moon gang, we got ta talk about the eevee sector because it has not been doing well this week or last week in this video we will be doing a technical breakdown of cciv, qs, tesla and neo, but before we get into that, let me Go over the portfolio, so you know all my own positions, so you know why i'm being biased, then we'll do um a quick breakdown of all these before we actually go into the portfolio. I want to bring to your attention that till ray heading into the earnings announcement it closed the day out at 3151 and it's killing it right. Now, it's trading at 36 very, very excited for that. So don't sleep that on that tomorrow! Just so you know so for my own positions coming into today, i did have three call options on cciv.

I ended up closing them all and that's just because they were going to expire this friday and i was getting eaten alive by theta decay. So, just to recap how that played out, i was a huge beneficiary of the lucid motors uh, expect an announcement. What had happened was i bought five contracts. Um with a 40 strike price expiration of february 19..

They each cost me three dollars and 40 cents. I sold two at 13.50, so one of them covered the entire cost of the position. The other one was a gain, a profit of a thousand dollars. Then i sold one at 15, so that was another profit of 1 500.

Then i sold two at 16 and six cents, which was a profit of 3 200.. So overall, these cciv calls profited me way more than 5k awesome awesome trade and the only reason i sold it was because theta decay was eating me alive. So, overall, i'm heading into tomorrow. This is what i have some riot calls till recalls, but in terms of ev um i still have 28 shares of cciv.

My average cost is 18, i'm up 211 i'm gon na. Let it ride um, i'm very, very happy with my cost basis, um. On top of that i have fuel cell. I have 28 shares and an average of 18 i'm up 23 on those fuel cell has been having a rough go of it um and then the final one for eevee, at least in this account is workhorse.

I have 22 at 22.47, i'm at 44 on those also just so you know in my own private retirement account i own quite a bit of tesla at a cost basis of 400, and also to be completely honest with you today, as we're about to see in Tesla's chart um, i i thought i saw some weakness in it, so i bought some puts in the end. I was horrifically wrong and it cost me a thousand dollars i'll show you what i was looking at, but as much as i know, it's a rule to not bet against elon and tesla. I broke my rule and guess what it costs me money. But now, let's tweak over switch over to the charts, because i do think that there's some interesting opportunity - let's kick things off with churchill capital, the spac play that is rumored and it's most likely true to be partnering up with lucid motors trades under cciv.

It's at 56.23 today it managed to hit a new all-time high, just below 60 and thus far in 2021. It's up 461 percent, pretty pretty disgusting. So, from a technical perspective, these white trend lines, when you have an upward channel like that, it's actually referred to as a bear flag. You didn't mishear me it's called a bear flag and that's just because they commonly break downward.

I know it's kind of like inverse of what you think it would actually mean, but anyway, the fact that it broke upward shows you how much excitement and bullishness is going on in this stock. There is one thing that i want to bring to your attention, though, on the bottom: here we have the relative strength index, better known as the rsi it maps out bullish momentum against bearish momentum. What i wanted to bring to your attention is from a technical perspective. Obviously, cv cciv has been trading higher and higher, but the rsi has been going lower and lower.

This is referred to as bearish divergence and it's commonly a sign of a future consolidation or maybe even a small decline. If that were to happen, i would say you should first watch the support at 50, also a key psychological level, and if it goes below that and it does it quickly, you can watch even lower at the top of this trendline. If you're looking to get in at a nice technical support on the flip side, though i mean it could keep running, there's a lot. A lot of excitement in cciv.

The only real resistance is today's all-time high just below 60 dollars, above that the chart hasn't developed in this region. So my big suggestion would be to watch the main human levels of the key psychological resistance, as in where a lot of people would be like. Looking to take profits, the first one would be seventy five dollars and past that we would have a hundred dollars um, i'm not saying that cciv will get up there in like the immediate future. Those are just the levels i would recommend paying attention to.

Overall, the charts looking pretty bullish. Clearly people are excited for this merger with lucid motors today was one that was pretty hot at the end of the year um and to, and then it picked up more steam today and that's quantum state quantum scape ticker symbol qs. This is an ev company, that's making electric vehicle batteries they're, backed by volkswagen and bill gates, pretty pretty exciting um at the end of 2020, it shot up from 56 all the way to 132, and then there was a report that came out and i think people Overreacted to it, but in any way it quickly sold off all the way to sub 50.. As of now quantum scape is trading at 66.52 cents.

It is up 23 or sorry, it's down 21, thus far in 2021, but from a technical perspective. I really really like what i'm seeing it found support at 41. finally broke above. This support turn resistance at 47, and now it looks like it's tracking its way back upward to this previous resistance at 74..

For a while now i've been saying that i'm a big fan of quantum scape at least doing a gap fill up to 84, so i will specifically be watching that level. I used to have call options on quantum scape to profit from this, but it played out a little bit too slow for me and then, when it broke below the support at 47, i cut the position, but now i wish i didn't but of course don't forget That hindsight is always going to be 20 20, but moving forward. I do feel confident about it. Testing.

7450 past that 84.. I am bullish on quantum scape. Next up we have elon's brainchild, tesla, tesla's, currently trading just below 800, thus far in 2021. It is up 13 and here's where things went awry for me today, so i've been after this breakdown of the trend line after hitting the current all-time high 900.

We have this breakdown and it made a new support at 781 dollars from there. There was a failed attempt attempt to get back into this trend line it sold off again and for a while it was battling out at 800.. I didn't want to take a position yet i was like, let's see how it reacts to 780. um this time it broke below, and i took that to be a very bearish shine and that's where i bought some intraday put options but, as you can see, um Tesla came back finding i got blown out of the water on it.

I quickly lost a thousand a thousand five hundred dollars. I cut it for a loss. I should have learned my lesson and remember coming back to the rsi when it gets very, very low. That is a sign of being oversold.

It's a lot of bearish momentum. I think people saw this at least on the four-hour time frame. They saw it as a good dip buy opportunity, especially because tesla it really really does seem to have such a bright future. So they i'm assuming bought tesla on a discount, and i think that they will be looking to ride it.

Higher moving forward. Make sure you pay attention to how it reacts to the support turn resistance at 800 past that we have 832 and if, for some reason, the bears do step in once again watch 780 and pass that watch 750. and finally, at least for this video we have Neo neo trades on the ticker, and i o it's a chinese eevee play currently trading at 57, thus far in 2021, it is up. Almost 18 has a very, very similar rsi scheme to tesla super super low, getting close to that oversold territory, um kind of a different chart, though it was following.

We had this nice breakout of this bullish pennant, which is just basically a triangle. Then we had another bullish pennant, and this is one of those perfect counter examples. Usually they break upward this time it broke downward and then we've been following this trend line. Unfortunately, after breaking above this trend line on the second attempt i was like hey, this is my opportunity.

That's where i bought about eight call options on neo and, as you can see, there was no bullish follow through. So i had to cut for a loss. I lost another thousand dollars on neo for that and i actually feel a bit fortunate because it kept selling off today. There is upcoming support at 55, another support at 54..

If it breaks below 54, i think things could get pretty bearish, but i don't think that's gon na happen from a technical perspective. There is quite a bit of support in this area. The rsi is already getting to that oversold zone, so i think sooner rather than later, neo and really the overall ev sector. I think we should see some life in it pretty soon.

But of course, we're gon na have to lit the chart to develop to see how things truly play out for me. Personally, i will be looking for a support here and then once again, i'll get excited on pretty much the one two three uh, probably the fourth major test of this trendline, just to see how it from there the breakout and, let's see then if it can get Above 64.40, where it's been rejected multiple times before of course pass that we would then have a test of the all-time high. Overall, the ev sector has been showing a bit of momentary weakness on the micro scale, but don't let that kind of fool you on the macro scale, on a long term scale ev is still very, very strong. As ed adoption rates go through the roof.

All these companies should most likely benefit from those tailwinds. Overall, i am still a long term bull on all these. I share my positions with you and i think in the future they will pay massive massive dividends. If you enjoy this type of stock market content, don't forget to stay up to date with the moon game by hitting the subscribe button and turning on your notifications, all you have to do is hit the bell so, which is always so you don't miss any of The daily live streams or clips like this.

Thank you for spending a portion of your day with me and as always best of luck in the markets, you.