Technical Analysis: Buying Zone for a Speculator! No reversal volume yet, and no previous higher levels have been regained...
All my technical analysis is still telling me to wait... however, my slightly 'irrational' emotions are urging me to take a position here and now, haha.
Planning to invest 30% of the desired capital in FSR... another 40% once we enter the 0.93 zone...
If the price explodes upward, at least I'll already be in position. If the price falls further, I can DCA (Dollar-Cost Average) on the initial 30% already invested here.
I don't like the look of the current chart at all; however, the EV speculative bubble will return, much like the current semiconductor bubble. By 2030, most cars will be clean energy vehicles. By 2035, the first EVs using only recycled cobalt will roll out of Northvolt's factories in Sweden. In short, all of this to say, EVs are the future.
Fisker will hit $13 this year!!! I have no doubt,Fisker is so undervalued for being an EV company ,a pretty dam good one too,I think the dropped price was a planned attack to load the F up before sky rocking to over $13 this year !!
fx0101
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@SeerArt, yeah i feel so too. I don't have price target but it should do pretty well. I drove Fisker Ocean recently and it's a really good car. Their market cap compared to competitors is very low.