In the chart above I have provided a textbook example of what might be unfolding for PSNY. 1. Previously confirmed Supply & Demand channels remain intact. 2. Recent move to the upside can be confirming that a new HIGHER LOW which in turn confirms the floor for current trend. 3. Important for price action to stay above 5.50 to avoid an early retest of lower...
In the chart above I have provided a macro analysis of TESLA by providing a visual on confirmed channels, past and current trend & RSI patterns. Points: 1. Channels show a deviation of 60 points currently placing us in the second to last channel that holds between 60 - 20 for DEMAND & SUPPLY . 2. Current channel is in fact risky to buy into considering we are...
Points: - LCID is showing a Deviation of 6 Points placing current price action in new channel. - Current channel = Supply Zone at $10 & Demand Zone at $4 . - Down 89.19% in past 405 days. - RSI Average at an all time low. IMO : I would consider LCID to be a reasonable buy at $4. Opening a position at these prices with appropriate risk management skills...
PSNY is more likely to have strong resistance by 200 SMA . and gonna hit 2$ -3$ before the next bull run. Not financial advice, make your own research.
Polestar (NASDAQ:PSNY) has established its reputation as an EV manufacturer, however its entrance into the EV market via a SPAC earlier this year resulted in a slow decline for PSNY stock. The company’s Q3 results temporarily buoyed the stock thanks to its first profit as a public company and management’s confirmation that it is on track for 50,000 deliveries by...
In the chart I have provided an analysis on the following points: 1. Confirmed Supply & Demand Pockets (Total of 2). 2. If side movement continues past February 28th chart would be invalidated. 3. Break above $20 would confirm break of downward trend & place us in supply territory for Fibonacci.
Looking at the PSNY Polestar Automotive Holding options chain, i would buy the $5 strike price Calls with 2022-11-18 expiration date for about $0.23 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
I am ultimately bullish long term, but rather bearish until we see some sort of pullback after this STOOOOPID AH run up. Tutes own A TON of the float, we have some serious FOMO going on atm. Cash out all equities, and options, still holding warrants. Will reposition myself when I see fit.
The only info needed. It's going, better jump on for the ride .