Robertus

Hyliion Medium Term Possible Target

Long
NYSE:HYLN   HYLIION HOLDINGS CORP
368 views
5

"Hyliion Holdings Corp. designs, develops, and sells electrified powertrain solutions for the commercial transportation industry. It provides battery management systems for hybrid and fully electric vehicle applications. The company was founded in 2018 and is based in Cedar Park, Texas", CI

From the TA, stand point there is a gap around $22 that has to be filled, and somehow aligns with the analyst targets.

From the fundamentals perspective, it seems more of a bet, they claim they have the most efficient trucks in the market, compared to Tesla for example.

It's not yet profitable, and faces lots of competition, but their competitive advantage does not seems impossible to be offset by their competitors. Still the market for power efficient vehicles seems to be trending and growing, I believe there is a place for Hyliion.

When the industry for electric vehicles consolidates, perhaps Hyliion could be one of those companies that gets acquired by their bigger competitors, or rise to the stars by itself. Its a 2.6 billion market cap company with negative cash flows, and lots to prove, that is why it's more of a long term bet.

We'll see.

Just an opinion.

What do you think about Hyliion?

Cheers!


Comment: Uff, lots of resistance around $17.64, for the moment the price is still in a tight range. Patience.
Comment: Price is trying to breakout it needs to surpass $19 to get out of the range.
Comment: there is some sort of inverted head and shoulders. We'll see
Comment: nice breakout, it needs to keep going. That range acts as a magnet, the farther away the better.
Comment: Fake breakout. Needs to break with more volume.
Comment: Analyst targets lowered to $19.67 on average. Lots of FUD going on with this one.
Still, the news are just traps, and tight ranges are difficult to break. Personally I still believe is a good bet. So we'll see.
Comment: Found support for thew third time
Comment: support confirmation
“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
Trader Since 2016. Industrial Engineer, minors Economics/History at U of Michigan, MBA IPADE. Master in Finance EGADE. Chef. Entrepreneur

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out