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AwesomeAvani
Jun 8, 2023 11:35 PM

FFIE-- EV Penny Stock on NASDAQ longs to go higher Long

Faraday Future Intelligent Electric Inc.NASDAQ

Description

FFIE is the past several trading sessions had a 60% uptrend over 3 days followed by a 50%

standard Fibonnaci retracement. FFIE may be getting sympathy interest from the surge of TSLA.

The relative volatility indicator shows the spikes of volatility associated with the price

movement. FFIE is sitting midway between supply and demand zones. I will watch it for

a resurgence of the uptrend knowing that it may be dramatic but quick. I see this as an

excellent opportunity to daytrade a volatile penny stock for a quick significant reward. I am

assured in the long setup by the zero-lag MACD showing a line cross under the histogram

Trade active

FFIE quietly accumulating and moving higher ( MULN not so much) no trade change for now.
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