White-Hot EV Plays We’re Eying Now

[RagingBull Elite]( Dear Trader— Jeff Bishop here, At RagingBull, our goal is to always stay one step ahead of the trend. Its how we put our dollars to work before the dumb money piles in. So when electric vehicle stocks floored it yesterday, we were pleased to say we’ve long been preparing for it. Like in early September [when I interviewed Trevor Milton](, founder and former CEO of Nikola (NKLA) just as the company’s huge partnership with General Motors was being announced. Well, yesterday, General Motors CEO Mary Barra hinted at some very bullish EV news— the company intends to hire 3,000 employees to support electric and autonomous vehicle production. In today’s issue of All-Access, we want to reveal how we seized up opportunity in the EV space yesterday, 2 EV stocks we want long on, and 1 [private investment opportunity]( in an offroading EV company. Many of you might have guessed what the chart of the day would be— yes, it’s XPEV. The stock closed up 33.4% on the day, well above its 52 week highs. The other Chinese EV makers followed suit. So what happened there? It’s important to mention the context why the sector is so hot before we go into the price action details. Chinese electric vehicle market is the biggest on the planet. You see, China is a heavily-populated country and their government has to care about things like air quality. For that reason, having an EV license plate has advantages to a normal gas plate: less tolls, less driving restrictions, more parking, etc. And Chinese EV makers have been absolutely on fire recently. Just check out NIO and LI charts... Now let’s get back to XPEV: The company reported earnings yesterday before the bell and investors had many reasons to be excited. - XPeng announced $293M quarterly sales, over 340% increase year-over-year. - The company is planning the second manufacturing plant in China with help from the Chinese government - President reassured they would not be raising money in the equity markets since the company has recently gone through an IPO We won’t go deep into the numbers, but the most important thing to know is that people liked the report. The intraday action of the stock was nothing short of amazing. Here’s a brief chart analysis for you: If you caught this one— congratulations. If you missed it, try to familiarize yourself with these clues to be better prepared for the next time something like this happens. You can also [learn how Ben Sturgill’s tracking institutional buyer activity in the dark pools](— it helped him pick up a sweet 50% profit overnight in EV stock Workhorse (WKHS). He’s holding the rest for more or breakeven.* *See disclaimer below Today’s action in EV names has already caught many by surprise… The truth is, the market psychology behind this isn’t complex or new, and the overall setup is nothing but classic. The move itself is the result of pure supply/demand disbalance— or as we like to all it, a liquidity trap. On the short side, much like TSLA from a few years back, the newer extended EV stocks have been sellers’ primary targets. Conversely, not a single long player wants to miss out on the next big thing and will gladly come buy every tick higher. The previously exhausted shorts have gotten into a comfy spot over the past few days. Overextended names were slowly sliding lower, seemingly ready to break down. It was easy to get excited and leave one big factor out of the picture— we’re still in an uptrend and any up move will still get sellers underwater. This is exactly what we’ve seen today— a news-driven bid got new longs to grab what they could, and forced shorts to cover higher. One won, the other one lost. We’re not making any kind of big picture argument and are by no means fundamentally bullish— the shorts will likely have a big pay day some time soon. But further legs higher on overextended names has been one of our favorite setups here at Raging Bull. Here’re two names that haven’t moved much yet, but exhibit the same exact emotional biases: Plug Power (PLUG): - We don’t like to brag, but this Electric Power Supplier was our long idea here in All-Access about 2 weeks ago, back at $16. - Our thesis was exactly as stated above— a highly shorted name (currently 22%) still in an uptrend. It remains valid to this day. A lot of people are in a bad spot here. With money flowing into squeezers, PLUG won’t even need a catalyst, although it might very well come up with one. - The trade plan is to buy strength above and against $19 with a possible squeeze out to $29.5 and higher. PLUG was continuing to run yesterday, so Ben Sturgill used this as an opportunity to sell into strength. He sold half of his PLUG position at $24.01 for an 80%+ win on this stock play.* [Learn how to see what other EV stock just popped up on his dark pools watchlist.]( Kensington Capital Acquisition (KCAC): - KCAC is an EV SPAC— and much like PLUG, this won’t be the first time we bring it up. - It’s different in one regard— the short interest isn’t as high or as important here. This is purely a sector play. If there’s another money flow into the EVs— and it surely seems like now could be the start of a second round— this name will move much higher. - We’re right at the downtrend reversal point right now— a potentially spectacular spot to get long. - The trade plan is as follows: Long dips above $11.50 and add aggressively on strength above $15. Should it catch on— the price target of $25 is not out of the question. Even if you had known TESLA would be worth $388.98B today, chances are you could never have been a seed investor in it. Angel investing used to be reserved for the ultra rich. And you would have needed rare connections to people of high net worth to get in pre-IPO. However, our Boardroom team offers exactly that— a rich network of connections and an investing opportunity in what they think is the next big EV company. It’s called Volcon— and according to its CEO, Andy Leisner, there’s a strong reason to invest now... “[Volcon] fully plans to IPO by Q3 of 2021.” Why else did our Boardroom team make their biggest investment ever at $250,000? This company has everything The Boardroom looks for in an Early-Stage Company: ✅ A fast growing niche (14.6% CAGR) in the white-hot EV Market ✅ A product with cutting-edge technology and an unmatched user experience ✅ An experienced founding team with IPOs under their belts… But in order to fully understand the exclusivity and rarity of this type of investment, [you need to see it for yourself.]( [Watch]( [Will This Beaten Down Sector Break Out?]( By JC Parets of Chart Hunter [article preview]( --------------------------------------------------------------- [AMA: How Much Does News Play Into Price Action?]( By Kyle Dennis of Biotech Breakouts [article preview]( --------------------------------------------------------------- [What I Did When JKS Gapped Up At the Open]( By Nate Bear of Weekly Money Multiplier [article preview]( --------------------------------------------------------------- [How to Make 100% Returns Trading Volatility]( By Dave Lukas of Options Profit Planner [article preview]( --------------------------------------------------------------- RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails]( DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. 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