$Tesla (TSLA.US)$ Among U.S. automakers with a growing slate of EVs , $General Motors (GM.US)$ and $Ford Motor (F.US)$ each rose 0.5%. Recent IPO $Lucid Group (LCID.US)$ fell 3%.
Tesla's China-based rivals $NIO Inc (NIO.US)$ declined 1.5%, $XPeng (XPEV.US)$ dipped 2.5% and $Li Auto (LI.US)$ ended the day mostly flat.
Tesla's China-based rivals $NIO Inc (NIO.US)$ declined 1.5%, $XPeng (XPEV.US)$ dipped 2.5% and $Li Auto (LI.US)$ ended the day mostly flat.
1
$Advanced Micro Devices (AMD.US)$ has been building a bullish flag pattern on the Daily or 1 Hour chart based the run that began July 19th of this year. It's been testing resistance at the top of the flag for the past two trading days, but it has not broken out yet. If we get a breakout of this pattern to the upside for the continuation, we could see the beginning of a $35+ run toward the ATH based on the measured move of the pole. AMD can be a fast mover, so it has the ability to reach the ATH level by the end of Oct.