What is up everybody? This is trey's trades coming back for another stock analysis, video here on the family, we take a look at different stocks in the market and give a technical analysis as well as buy, hold or sell opinions on these. Given stocks i'd like to preface by saying that i am not a financial advisor nor expert, i'm just some random dude on youtube, so take what i say with a grain of salt with that being said, let's get into the video now. The topic for today is eevee plays, and i would just talk about ticker symbol, nio neo incorporated. However, i do think that all ev plays are going to be seeing a lot of upside in the near future, and let me tell you a little bit of why so i'd like to begin by saying neo day is coming up, and this is going to be A huge catalyst not only for neo but for all ev stocks, because if you pay attention to all evie plays, they seem to coincide with each other.

On price movement, neo xp, ev x, paying solo ide x, lee auto. All these companies seem to follow the same general trend as neo, and i want you guys to get ahead of the game, because neo day is on january, 9th 2021 and a lot of people are not going to get in on this hype until a couple days Before and you can see a lot more of a profit margin than people who wait until january fourth, fifth sixth, to get into these plays so, let's take a look at neil and his 30-day chart. Neo has a high price point of about fifty eight dollars and eighty one cents and is currently sitting at forty six dollars and eighty seven cents. We have a low here in the last thirty days sitting at thirty nine dollars and fifty two cents.

And let me tell you, oh, i stand corrected. We have one more low point here sitting at about 38.50 and let me tell you: i do not think that we are going to touch that price target again for a very long time. If ever this 486.87 seems to be a pretty safe entry point, and let me tell you why, if you look over the last five days for neil, you are seeing a pretty gradual increase in share valuation and with this price increase, you are not seeing very many Huge sell-offs these are, there are not people that are coming in here to pump and dump you're, seeing fairly equal levels of you know, volume for every single one of these every one of these days, and that is a good sign for the long-term growth of a Stock now i should start by saying that this is not going to be a day or swing trade deal. I think that you are going to want to get into this play for a long term swing if you're going to get into this trade you're going to be looking at probably a month, two months, three months, if you'd like to see some different dip, some solid Upside and in the very long term, two three four years from now you could be seeing you know this.

This 46.87 price target reach 150. 200. 250. A lot of analysts are giving price targets in the long term of 200 to 300 dollars for neal, and that is something that you should really pay attention to.

So what is my opinion on the entry and exit point for neal well for a short-term investor? This 46.87 price range seems like a very safe entry point. However, if you are nervous about getting in at this point, i do think we have a very uh an entry point here as a res support level sitting at forty four dollars and seven cents. However, this is not a very solid support level and i do not think we're going to be touching. This, however, take what i say with a grain of salt, because i am not a financial advisor nor expert, but i do not think we're going to be touching.

This 44 dollar price range again for some time. If ever i think the chinese delisting threats, if you see something pop up on the news on this, you know that's the beauty of a stop loss. You can set a five percent, trailing stop loss on on your position in the stock and you're going to save whatever profits you have. So i do think this 46 dollar price target is a very solid entry point and i think that you will be seeing sometime in the next.

You know two to three weeks we're going to be testing this all-time high sitting at 58 and 34 cents. I think that is a very realistic possibility and if day goes well, you could see this thing go up. 10, 20, 30 in a single day now something to keep in mind also is that is going to be in the overbought territory. So if you are considering swinging, this deal pay very close attention to that january 9th day because, as the old saying goes, you want to buy the hype and sell the news.

So when the news comes out, you are going to see that very steep overbought territory. For the price action, however, as is the nature of the stock market, there will be a correction and the stock price will go back down and correct itself to a proper valuation. So that is how i am going to be playing this. I am going to be looking for this 58.34 resistance line and if we can bump through this, you may be seeing you know a priced uh price valuation on neo at 60.

63.65. There is a lot of upside in the short term for the company. Some other companies to pay attention to that will be affected by the neoday would be xpev solo and lee auto and another one that may see some increase as well as idex. I will make another video on this in the very near future, talking more about this stock in depth, but that has a lot of volatility if it gets some hype and movement behind it.

So that is something that you might want to keep on your radar. So that is what i have for this video. Let me know what you think in the comments down below. If you enjoyed the video, please like this video, if you did not dislike it, either way you are helping out the youtube algorithm, and i would greatly appreciate it if you'd like to see more content like this, please subscribe to the channel, i'd like to get to 50 subscribers by the end of the week.

Otherwise that is all i have for you today. So thank you for coming to the channel and i'll see you guys next time, peace.