iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

Charging ahead for $ECTY

Do you know there are five different models (economical, no Teslar here) of EV from five different manufacturers? Take a look at this link.

There are:

  • FIAT 500e
  • NISSAN LEAF
  • FORD FOCUS EV
  • MITSUBISHI 1-MiEV ES/SE
  • HONDA FIT EV

Besides the above models, there are going to be more models coming soon.  Did you know that BMW will have its $40K i3 model coming to the US next year?

So, with more and more economical EVs coming into the streets, what do you think will happen to the infrastructure for EV?

I know! I know!  More charging stations!

Right you are!

Folks, you cannot avoid this trend.  EVs are coming!

Do you know that Trader Joe’s has the BLINK charging station from $ECTY in their parking lots?

Now, let’s take a look at the daily chart of $ECTY below:

ecty_daily

Did you see the bounce?

Below is the weekly chart:

ecty_weekly

Did you see the support where the bounce is taking place?

Needless to day, I added more today for the inevitable bounce.

My  2 cents.

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