Phoenix Motor Inc. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles. The company offers buses and trucks. It focuses on developing light and medium duty commercial electric vehicles for various service and government fleet markets, including city fleets, campuses, municipalities, and transit agencies; and serves...
$PEV RSI oversold and it could bounce from the lower trendline ($2.20-2.28 range) Resistance lines stated in chart. Volume is very low.. maybe it's a good swing trade with small amount!
$PEV Bullish Pennant formation in daily TF... hold very nice above recent resistance which act now as a support🔥 Watching from a breakout from the upper line of the Pennant.
$PEV is a recent EV IPO with only 2.1M float.. I called it when it was under $2.9 Chart looks bullish🔥 ... Cup & Handle formation in Daily TF. PT on chart.
New EV IPO (from June this year) and very low float (only 2mil) Seems like $PEV found a bottom support at 2.5-2.6 after a straight decline 70% from the IPO price.. It has to break the $3 resistance to run..