Looking more bullish than it did back in Jan before it popped.
Megaphone in the RSI that coincided the last two runs is also now forming.
Key resistance around 3.20.
If 3.20 fails to break soon, RSI support line may need to be tested to trigger buyers.
Weekly price is showing an inverse head and shoulders pattern with the neckline around 6.80.
RSI divergence and KST very bullish. 12 week EMA currently holding as support.
RSI probably needs to be pushed down a little lower yet before buyers step in (~26 region worked in the past). A descending wedge bullish reversal pattern is forming in the price action. I will be watching for a break of the resistance line with heavy volume . I drew a trend line in the RSI that acted as resistance but has now bounced once as support and will test...
Expect some big moves on $SOLO soon. A Bullish pennant is forming on the 15min chart. A decisive break above $4.50 will open the gates to low the $7s. A break below $4 would bring it back down to possibly $2's.
Shorting through $5.00. If you account for all the options and warrants, this company would have a market cap of
net identifiable assets of $500k (rounded)
Net tangible book value of $16 million (rounded)
Fully Dilated float of 57 million, which results in the company being worth 1/2 billion
Wanted to post this at $5.00. they were providing bid support to...
Electrameccanica Vehicles Corp is a Canada-based company engaged in automobiles and multi-utility vehicles business sector. The Company is dedicated to the design and manufacture of electric vehicles. The Company operates in two reportable business segments in Canada, Electric Vehicles and Custom build vehicles. Electric Vehicles segment includes development and manufacture of electric vehicles for mass markets. Custom build vehicles segment includes development and manufacture of high-end custom built vehicles. The Company has designed and built all-electric SOLO, a single-seater electric vehicle. It has also designed the Tofino, electric two seater roadster set.
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SOLO
![SOLO/4+TSLA/260+KNDI/8: Believe this is a bottom for electric [SOLO/4+TSLA/260+KNDI/8]](https://s3.tradingview.com/s/SHkYhJfP_mid.png "Believe this is a bottom for electric [SOLO/4+TSLA/260+KNDI/8]")
