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BUY $HYLN - NRPicks Ene 17

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NYSE:HYLN   HYLIION HOLDINGS CORP
Hyliion Holdings Corp. (HYLN) is a company that designs, develops and sells electrified powertrain solutions for the commercial transportation industry. Provides battery management systems for hybrid and all-electric applications.

Hyliion's mission is to become the leading provider of electrified solutions powertrains and it is achieving some goals that benefit it in its mission as it recently completed a public order exercise that provided it with $ 142M in Revenue at the end of December.

During the past week, the company announced Sherri Baker as the new Chief Financial Officer who previously served as Senior Vice President and Chief Financial Officer for PGT Innovations. Responsible for financial strategy, budgeting and planning of the company, accounting, legal, IT, financial reports, among others. Therefore, investors expect it to generate a great contribution to the company.

Technical:

Levels Below Average RSI 38.84
Tech Support at $ 15.50
3% below MA 50
Possible Breakout at $ 18.04 (First Fibonacci Retracement )
Trade closed: target reached: Target reached to $19.60 intraday (Jan26'21)

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