$FFIE - Out from double bottom base, now forming a flag - Would prefer this to be tighter, but this is a strong momentum runner (+300% in 3 weeks) - Alert placed at Mon's high
Big gap down from the news that FFIE had a car manufacturing schedule last week. I see the gap filling within 2 weeks.
The average FFIE stock price target is 10.00 with a high estimate of 10.00 and a low estimate of 0.25 nstitutions: 102 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.
Price did play out decently well as analyzed last week. I expected the price to drop to the bullish POI at 2.81 without breaking higher. However, price broke the structure to the upside, grabbing more liquidity before dropping. The target for this bearish move is the bullish POI and we have to see what the price wants to do from there.
This stock is a play on EV. On Friday it was mentioned that they no longer need more funds to launch their FF91 EV. This stock has been a steady climber this past week and had an even nicer push from this recent news. The charts are still showing an incline trajectory. Only thing for me to be weary of on the technical setup is the RSI reaching an oversold zone if...
FFIE - Faraday Future Intelligent Electric Inc. Consumer Cyclical Auto Manufacturers USA - Stock has broken the resistance and reached the first target - High volume in stock - Crossed 200 EMA - Faraday said it would start delivery of its FF91 car in the third quarter this year and expects to make between 6,000 and 8,000 cars in 2023. - Next earnings date - 31 Aug 2022
Prediction I also believe with this parabolic rise we could see a parabolic drop, Watch price action , watch puts
Price is on an uptrend. Price took liquidity and stop hunted the highs at 5.97. Price is unable to close higher. Expect price to retrace down to bullish POI.
I am short on faraday future with a price target of $0.5 I was long since $1.87 in my last post about FFIE but i think it is time to sell now due to bears ahead.
FFIE - Faraday Future Intelligent Electric Inc. Consumer Cyclical Auto Manufacturers USA - High volume in stock - Crossed 200 EMA - Faraday said it would start delivery of its FF91 car in the third quarter this year and expects to make between 6,000 and 8,000 cars in 2023.
FFIE FFIE had its Dec. 2020 where it saw price make a parabolic move from 9.80 to topping out at 20.79. By March 2021, price came crashing all the way back down to 10.95 From there, price moves sideways all up to Aug. 2021 when price broke support. Price then pulled back to support turning it into resistance and started a downtrend. The death cross follow...
FFIE probing for lower price levels but shorter timeframes show stronger than average buying pressure pushing the close higher leaving a long tail. I'm thinking short term rally over the next few days with a profit target of $3.85 and a stop loss of $2.45 but will wait for confirmation tomorrow. - $3.85 to $3.90 to me looks like a new resistance level(old...
I recently uploaded my ideas about Faraday Future with a price target on $2,5, now that happened exactly as I expected, it is even cheaper, pending at $2 after a pricefall on more than 40% today. I would say this price target is the real market price and I think now is the time to buy it.
I am looking for a $2,5 target on Faraday Future, the price now is not bad at all.
My last pick of the year is FFIE. I believe Faraday Future has been severely oversold. I also topped my account with more Nanox Imaging and Virgin Galactic. The pattern and trendline speaks for itself, and I think it is towards peak resistance levels w/ the tax write-off sales and end of the year activity. That said, everything you do is at your own risk. Do your...
Faraday Future formed a bullish AB=CD pattern, volume is getting higher and MACD shows recovery and MFI at oversold.