TradingView
dannymannyboy
Nov 16, 2020 7:49 PM

Inverse H&S? Long

Hyliion Holdings Corp.NYSE

Description

It's been all downhill on HYLN except for this recent bounce and hold. This right shoulder is holding a little longer on the right before the break but it has been holding and that is positive. We are looking at a bullish reversal candle today and if momentum carries us we could be testing those recent highs this week.

Comment

Nailed it. Huge bullish day. Good news/bad news. We broke that $25.34 resistance 4x today. Bad news - we sold off below each time. We finished one cent below. Overnight and premarket will determine this. Hope volume continues in bulls favour.
More