EVII technicals are setting it up to run big – AGAIN
Aug 21st, 2009 by beststockreport
EVII technicals are setting it up to run big – AGAIN
Imagine a day when everything from scooters, bicycles, mopeds, motorcycles, cars and homes are successfully converted to ZERO-EMISSION, LITHIUM-POWERED vehicles and facilities. Well, we think that day could be closer than most people think.
Our latest stock idea—EV Innovations (EVII) is near the cutting edge of this awesome sector, and if you have taken it off your radar – YOU NEED TO BE WATCHING THIS ONE AGAIN VERY CLOSELY. EVII is in the development and marketing of electric powered vehicles and products primarily in the United States.
It is involved in developing the portable battery power pack technology and effecting vehicle conversions from conventional power systems to electric power systems. It also converts various large and small ATV’s, electric bicycles, and electric scooters. Take a look at how this amazing technology works…
So why do we like this company so much? Well, the better question is, “What’s not to love about it?”
* Electric Vehicles are the wave of the future. Scientists, analysts and automotive executives all agree that rising fuel costs and environmental concerns will cause sales of hybrid and electric cars, trucks and motorcycles to skyrocket.
* Electric Cars Will Protect the Environment. EVII’s Lithium battery-powered vehicles emit ZERO emissions—no greenhouse gases whatsoever.
* EVII has the Edge when it comes to Battery-Powered Vehicles. EVII has the experience, knowledge and proprietary technology and products necessary to burst out ahead of the pack when fully electric vehicles begin to take off big-time!
* EVII has the Technology and the Products to Become the Leader in the Worldwide Electric Car Market. The company’s Lithium battery-powered cars can reach speeds up to 80 to 170 MPH, accelerate from 0 to 60 in just a few seconds and travel up to 120-200 miles on a single charge. They require no maintenance and have fewer than 10% of the parts found in a traditional gas-powered car.
* Greener than Ethanol or Biofuels. EVII does not contribute to higher food prices in our grocery stores or looming food shortages that we currently see on the news, which is due to the use of corn and soybean oil for a fuel that is burned rather than used as food for the population.
* Government Incentives and Tax Credits. President Obama has made it clear that he will provide incentives and tax credits to those who buy products and services that employ alternative energy sources. Thus driving sales to those markets.
There has certainly been a lot of media buzz centered on electric powered vehicles and portable battery power pack technology.
Did you know that a very similar electric vehicle start-up company called “Tesla” (not publicly traded) recently had a $1B valuation?
With EVII’s market cap just under $40M right now, we think it is just a matter of time before this gap closes and EVII shareholders will be very happy
Read some of the comparisons between EVII and Tesla Click Here.
So what do we see the stock chart suggesting? Well, consider this…
* We’ve recently seen several upside volume spikes suggesting accumulation.
* A VERY POWERFUL “Golden-Cross” where the 13 day moving average has crossed back above BOTH the 50 and 200 day moving averages occurred JUST A FEW WEEKS AGO!
* The MACD is not only well above the “0” line (suggesting a “strong” bullish trend), but it has recently broken back above its previous high set in June—despite the fact that the price has not exceeded its previous high. This bullish divergence of the MACD making a higher high, but the price not YET confirming may suggest higher prices in the near-term.
While admittedly overbought, the stochastics can not only remain overbought—but can get even more overbought when the stock is in a “strong” uptrend —as the MACD is suggesting.
To view the chart click here
We strongly suggest you take a look at some of these video clips highlighting EVII’s promising technology and the future of transportation. We think you will find a ton of additional and useful information on the following two links.
http://video.google.com/videosearch?hl=en&client=firefox-a&rls=org.mozilla:en-US:official&hs=kSE&q=EV%20Innovations%20electric%20car&cts=1250004967655&um=1&ie=UTF-8&sa=N&tab=wv#
And…
http://www.1cast.com/l/172710
So find out everything you can on this company and add it to your radar right away. We think the both the fundamentals and technicals support higher prices moving forward and we want all our members to have the opportunity to profit.