SOLO has been waitingI expect bullish however we need positive news. My first target is between 3.50-4.00.
−123.699MUSD
6.812MUSD
113.393M
About Electrameccanica Vehicles Corp. Ltd.
Sector
Industry
CEO
Susan E. Docherty
Website
Headquarters
Burnaby
Employees (FY)
105
Founded
2015
ISIN
CA2848492054
Electrameccanica Vehicles Corp. engages in the development and manufacture of electric vehicles. It operates through the Electric Vehicles and Custom Build Vehicles segments. The Electric Vehicles segment develops and manufactures electric vehicles for mass markets. The Custom Build Vehicles segment offers custom-built vehicles. The company was founded by Jerry Kroll and Henry R. Reisner on February 16, 2015 and is headquartered in Burnaby, Canada.
$2 by ChristmasWhat is going on with SOLO?
There doesn't seem anything negative coming out from this company. They're delivering vehicles and expanding. They aren't generating much revenue, but have no debt either.
Anyone have any thoughts on why it's tanking?
Long term I'm LONG solo but it's not looking promisi
target 6$..it may go down until 3.4
and up until 6$ to complete the symmetrical tringle.
stop loses 3$ .
I am not your financial advisor.
My prediction on $SOLO for the upcoming moveI believe that $SOLO gave good signs for an up movement. this chart is for learning purposes to track my work. Please take your finance advice from an expert guy.
EV's - SOLOThere's been some buzz around EV's lately, thinking they gain some traction soon. I took a swing trade position in SOLO earlier this year and got caught on the move down, Sold it now looking to rebuild position and retry this one. Accumulating shares in here.
ADDED to $SOLO NEW Target 8.06 for 51.22% $SOLO Target 8.06 for 51.22%
Or next add at 2.97
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels…
I start every position with .5 - 1% of my account
SOLO LongDowntrend Wedge Breakout + Small consolidation
WR Crossed -80
OBV>OBV34
Entry 4.3
Stop 3.6
Target 10
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan wit
$SOLO LT As of now SOLO looks like it's waiting for strong support but gradually approaching the wave 3 target. A more bullish shift towards the EV sector could result in more dramatic price changes but conservatively the $5 range is the PT. Keep risk tight and there's a decent short term opportunity.
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