DESCRIPTION: In the chart above I have included an in depth MACRO ANALYSIS of PSNY. IMPORTANT: - With late Novembers PRICE ACTION rejection at around 8 POINTS this led me to consider that despite our current uptrend the CEILING of the PREVIOUS DOWNTREND CHANNEL IS STILL VERY MUCH IN PLAY. - RESISTANCE THAT WAS SEEN AT 8 POINTS WAS EXACTLY WHERE THE...
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...
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 above I have provided an update for my previously published idea that was a lot more bullish on PSNY. 1. $4.60 to $4.80 gap has been filled. 2. Price action should be squeezed between bottom trend line and supply pocket at $5.00. 3. Crucial for us to get on top of $5.50 to get on a more steady trend. 4. STAY ALERT FOR 50K CARS DELIVERED BY END OF...
In the chart I have done my own analysis for where I believe $PSNY can fall into or climb into a new supply and demand pocket.
The price hit my entry level and moved lower. Max DD, 0% Maximum return : 13%
Bullish above 8.26 with the break of a great resistance. Bearish below 7.8 with test on the 21h
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.
psny stock,psny stock news,psny stock price,psny stock price prediction,psny stock analysis,psny stock update,polestar stock,polestar psny stock,psny polestar stock,psny,polestar stock analysis,psny stock forecast,psny stock technical analysis,psny price prediction,psny stock prediction,psny stock predictions,polestar psny,ggpi stock,psny stock merger,psny stock...
I made this below comment on GGPI yesterday so I decided to carry it over here since GGPI is no longer a ticker. For my personal outlook on this stock, I am looking to capture at least a 5% trade on this tomorrow. I have marked where my personal thoughts are on support and where I would like to enter if the right volume shows up and technicals line up as well. If...