In the absence of good news (sells or contract) Management and leadership failure (no sells or any contract) and probably internal dispute due to ego and $$$ No hype, the EV hype is over by Jan as I've argued before No volume; in addition to small investors are been trapped
If we get lucky, the rebound can go back to 12 max for now. And yet, I really like CANOO concept... And yet, I learned that I should not be too attached to any stock
Therefore, I assume we entered into capitulation territory in terms of investment psychology.