FFIE is a penny stock of interest as it is also in the EV sector. Earnings are coming. In the past
two days it jumped 82%. The stock is trading 99.9% ( no exaggeration ) down from its all-time
high. On the 15-minute chart, price has jumped above its EMA cloud which inflected upward.
A massive volume inflow peaked the price action in keeping with Wychoff's...
Price played out nicely as analyzed last week, giving us a -10.14% move to the downside. From here, no changes to my expectations, I'm expecting a continuation to the downside following the bearish order flow. With most of the bearish impulse showing high volume, I'd expect the recent highs to hold.
Price played out nicely as analyzed last week, giving us a -8.34% move to the downside. Price is currently redistributing, and I'm expecting a continuation to the downside if price breaks the low at 0.1600 with increased volume.
Price is at an all-time-low scenario, with 0.155 at the lowest point. Volume was high at that level and price rallied from there. From here, price recently took buy-side liquidity at 0.2050, and I'm expecting the next target for price is to at least fill the FVG at 0.165.
FFIE is part of the EV Sector but marches to its own drum and cadre of
investors and traders ( speculators). On the 15-minute chart the MACD
has signaled an entry with the green dot. Price is sitting on the support
of the intermediate term anchored mean VWAP lines. The low and high
time frame RS lines have bounced off the lows and are in good mid-range.
Today, we will conduct a technical analysis on Faraday Future Intelligent Electric Inc. (FFIE) based on the provided 4-hour chart. Let's explore the key indicators and patterns to identify potential trading opportunities.
1. Crossover Signals: The +DI (Positive Directional Indicator) has crossed above the -DI (Negative Directional Indicator),...
FFIE is an EV pneey stock below $ 1.00 and so has delisting risk.
The 30 minute chart shows the rationale for the long trade with 300% upside.
The risk here is of a delisting which would send FFIE into the OTC market
where it could explode. This penny stock trades millions of shares per day
and trading volume has heavily increased as the price goes...
FFIE is the past several trading sessions had a 60% uptrend over 3 days followed by a 50%
standard Fibonnaci retracement. FFIE may be getting sympathy interest from the surge of TSLA.
The relative volatility indicator shows the spikes of volatility associated with the price
movement. FFIE is sitting midway between supply and demand zones. I will watch it...
As EV fever sweeps the nation, another player may soon enter the game. Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) is one step closer to the market. Its first production FF91 vehicle came off the line on April 15th, marking its start of production (SOP). Recently, FFIE stock experienced a 53% run over the course of 3 days after FFIE appointed Rich...
$FFIE is granting cash bonus, equity incentive to all active employees upon the commencement of production of FF 91 Futurist on or prior to 31 Mar 23 and the start of delivery of FF 91 Futurist on or prior to 30 Apr 23.
Watch out for the March deadline.
FFIE has been destroyed and shorted the past year as they ran into funding issues for the production of their new car. Now that we have clear funding and a production date, I expect our gaps to fill. Many larger institutions sold out of positions last year with the pressure of the declining stock and took losses. I expect our gaps in the low 2's to FILL.
The average FFIE stock price target is 10.00 with a high estimate of 10.00 and a low estimate of 0.25
Institutional Holdings: 58.36M
% Owned: 19.31%
Shares Outstanding: 450.26M
HIGH RS $3.5
un balance $0.48
low support $0.25
Price has played out as expected. Right now, price has taken out the bullish POI at 2.81. I'm expecting price to target the lows at 1.65 next. We could see a potential up move to fill the fair value gap at 3.10 subsequently.
In another scenario, we could see price consolidating here due to the large volatility we see over the past few days.