GANN DONT LIE. The candle looks like a bearish confirmation right now but has the ability to reject by 3/10 which is highly likely the price cant go a fibonacci level down (- dollars????? lol). This is literally the most undervalued asset in the universe anybody not grabbing this is crazy.
Bounce from 4ish was almost a 2X. awesome trade for me. bought back the dip hard and this spread looks massive especially combined with news catalysts new factory new product and market stabilizing. This movement could be major IMO.
Shares of Arcimoto $FUV have been getting attention from several social media influencers as they rise in this bullish wedge formation.
We are watching for a potential breakout as the wedge pattern plays out.
Arcimoto makes affordable, ultra efficient, small-footprint electric vehicles .
Arcimoto's outsize gains began in the days following its first-quarter...
Stay away from $FUV until it finds SOLID SUPPORT! Former resistance will likely flip into support in this particular trade idea, so that's where we will consider entry! Or you can SLOWLY ladder into a SHORT position here as well!
