PSNY ( Polestar) has dropped to its lows after an earnings report which shown it still has no cash flow but at least the losses are less than projected by the analysts. On the chart zoomed out, price is in megaphone pattern which demonstrates increasing volatility. Price is at the bottom support trendline and one standard deviation below the anchored VWAP. ...
MULN is a nine-penny stock that is high volatile with a wide ATR. On the 15-minute chart, price is currently sitting above the support zone shown by the Luxalgo indicator. Upside to the resistance zone is nearly 40% which this stock can do in 1-2 days. Just in the past two days MULN formed a double top at 12 cents near to the VQAP + 2 then tended...
NKLA is trying to make an all time low. Fundamentally, the last earnings were okay. Some members of the board are retiring soon. Technically, the relative selling volume is much higher than the moving 50 day average. The zero lag MACD shows no bullish divergence suggesting that that there is no impending reversal. The indicators K/D lines have not...
TSLA up trended well from a double bottom to close out 2022 to a head and shoulders pattern through February and is now in a downtrend. Within that downtrend, there have been some small pullbacks. The MACD indicator suggests with the lines crossing under the histogram, that a pullback will soon occur. I see this an opportunity to buy put options with ...
FSR has formed the cup of the cup and handle pattern and is now starting the downturn formation of the handle. Price action should continue down to the 50% retracement of the uptrend of the cup. It should then reverse and trend upward to twice the height of the cup/ AO /MACD / RSI confirm the downtrend. I will target this with the $7.50 strike put...
TSLA has had a long down trend from macro factors including China , a recession as well as a unique situation tying it to Twitter and Musk liquidating large blocks of stock. From the technical side of things a recent triple bottom has evolved to a flat top triangle pattern. Both of these are bullish suggesting a reversal is real. The setup is for a breakout...
Despite all the news. Is this time to break out? Interesting fibs. The stars are aligning. It's a beautiful thing. I usually would not be bullish at a high. Trade it what it is.
The first Fisker Ocean rolled off the assembly line at Magna on Nov. 17, in line with expectations. Being on time is a rare feat for EV start-ups. Fisker expects to build and ship 42,000 Ocean SUVs in 2022. That's the next test for the company and the stock.
Fib drawn from Swing High to Potential Support. Resistance levels and possible (not sure of probability) idea. BTW keep scrolling to the left on the daily support (blue line). : )
We are looking for a small downward move on JSE:FSR based off of the formation of a bearish engulfing candle on Friday. The short has been triggered and the target is at the R62 level.
NYSE:FSR On the 4H chart with trendlines drawn FSR is trending up out of the triangle. The RSI with Ichimoku indicator shows the confirmatory increasing relative strength in a move from under to over the cloud. All in all, this appears to be a swing long set up with a near upside of 20 % or about $12 .
FSR could follow TSLA in a current up trend, especially with general market support. Fundamentally, the recent earnings report was favorable. GM's report of plans for a competing vehicle in the low-cost electric Equinox could be fundamentally adverse. FSR is in a descending triangle with an overall price decrease of $2 so any breakout could yield an up trend...
This DAILY CHART shows the ratio of the TSLA price to the F price to generate signals to buy and sell Ford and Tesla by exchanging stock one for the other upon a signal. Eton Musk who is not a stupid or poor guy just the other day sold $6 TSLA stock at the local pivot high. He is an insider; others will follow his lead. S horting TSLA or buying near term put...
Fisker Short Term We look to Buy at 8.06 (stop at 7.61) We look to buy dips. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Although the anticipated move higher is corrective, it does offer ample risk/reward today. There is scope for mild selling at the open but losses should be limited. Our profit...
NYSE:NIO NIO is thriving despite a faltering Chinese economy. It has good recent earnings and is competing well with TSLA and other Chinese EV's like XPEV In the meanwhile it is making inroads in Europe, especially Scandanavia They say buy low ( weakness) and sell high ( strength(. NIO is weak right now as the chart shows. with price below the cloud now...
NASDAQ:TSLA TSLA is now retesting a breakdown below an ascending channel I intend to short this with the bear ETF TSL for a 1.5X leverage that way I can buy several shares and tier out of the position sequentially on progress Once a downtrend becomes established a pull option for a few weeks expiration. ( always watching the TWTR saga and also any signs of...
NYSE:FSR FSR is uptrending on the one-hour chart. It is in the bottom quarter of the channel and relative strength is mid-range. It is at the multisession VWAP after a small pullback down into the bottom of the channel and seems to be at a long entry. At the last earnings, FSR exceeded analyst's expectations. FSR's website and marketing suggest a bit of a...