Fisker Inc. (NYSE: NYSE:FSR ), a company that has shown remarkable resilience and positive momentum in the face of challenging market conditions. Despite a turbulent year that saw a significant decline in stock value, recent developments and impressive 2023 delivery figures suggest that Fisker is on a path to recovery and growth.
Breaking the Falling...
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...
Fisker - Short Term - We look to Sell at 13.09 (stop at 14.17)
Preferred trade is to sell into rallies. Previous resistance located at 13.00. The sideways consolidation continued although the market managed to post a significant high at 12.69. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 10.22 and 9.55
...
#NIO $NIO I expect to see one more push to around 50$ before completing the correction which is expected around 21 to 13 $
It is all a personal opinion do your own DD
good luck and happy hunting!
Using Aspen Trading Support & Resistance Levels for our analysis, we can see that FSR has bounced at least three times from the support level of 19.01. This level represents a strong support for Fisker.
It is now close to resistance level of 22.17 and a move beyond this level will be a solid move to the upside.
Another tailwind is the higher oil prices and...
at the LA auto show Henrik Fisker revealed Ocean Sport, 250 miles of range, single-motor front wheel drive, that will start at $37,499, before any state and local incentives
At that price level, no one so far, even Tesla, can match that price in the premium EV landscape.
Bank of America has a 24usd price target for it!
Looking forward to read your opinion...
FSR is in uptrend. Stock started trading above 50 EMA recently. Golden cross in mid June. Stock will test next resistance level $21.70. Appears to be cup and handle pattern breakout towards next target $28-29 in long run. EV stocks are trending and this one will get benefit of it. Support is between $17-18.
Alright, this one’s a little interesting. Here, it seems like we have ourselves a bullish falling wedge pattern, but we actually got a massive rejection on the initial breakout. Since the rejection, it actually hopped back into its original pattern, consolidated for a bit, and then began to break to the downside. Currently, we have a very minuscule green candle...
Hi, this is my new update for FSR. Yesterday we got a good news and the stock rallied 18% and then it closed up only +5%, but don't be sad if we look at the last time we got a good news, the same thing happened (Ellipse 1). I expect the shorts are going to cover in next week, because the chart tells us that we have reached the bottom with 3 factors: 1.) A double...
Hi, this is my new update for Fisker. From 2.Mars until now, FSR has fallen over 60% and I think we have reached the bottom. We have now tested the support level around $10.30-10.50, the RSI is under 30 and that means FSR is oversold and that is a good sign and now the RSI is getting ready to test the support 24, once we test it then we are going to make a double...
$FSR Goldman can sack it, they released a sell rating this morning to 10 citing overcrowding and unrealistic Q4 Targets. This is flat out wrong. Hoping to a see this gap filled in spite of them as there are more buy ratings than sell. Most in the $30s and $40s.
