LONG-TERM: Massive falling wedge, triple classic bullish divergence, double bottom. (not financial advice)
Taking cue from Centreline of Modified Pitchfork,Current Red candle (Closing below will be stoploss).1st Target 13.4
According to the daily chart, FSR may need a pullback after failing to keep above SMA50 at 11.45, before starting a new uptrend in few week time. It may reach to 17-18s in July / August. You can see a similarity between waves A1B1 and A2B2. My idea can be completely wrong, please do your DD before entering a trade.
LONG-TERM: Bullish shark (smaller BD wave), Classic Bullish Divergence Developing, Tweezer Bottom Around All Time Low Retest, Testing Channel Breakout. (not financial advice)
Fisker - Short Term - We look to Sell at 13.09 (stop at 14.17) Preferred trade is to sell into rallies. Previous resistance located at 13.00. The sideways consolidation continued although the market managed to post a significant high at 12.69. There is scope for mild buying at the open but gains should be limited. Our profit targets will be 10.22 and 9.55 ...
LONG-TERM: Close to a bullish alt bat, bounce off historical demand line, classic bullish divergence, downsloping channel, got very oversold, bullish engulfing candle. (not financial advice)
After Fisker putting in a Triple Bottom, I'm expecting more upside from here.
Well, the name says it all no buyer in sight but doji at the bottom can some times signal a buy so watching for sure.
NYSE:FSR , Daily If FSR bounce up from the Support Line (Green Trend Line) then it will Reach the Green Targets. However, if its break that Support Line (Green Trend Line) it will reach the Red Targets. I am going to wait to see how the stock react then I will decide if I go long or short. ---------------------Disclaimer ---------------------- I am not a...
$FSR as it can be seen on the chart is at a support line which if it holds it will increase the chance to start a new rally. The other supporting conditions are oversold MoneyFlow or any momentum oscillator, a divergence between the price and the momentum oscillators for the last few days. If the support line does not hold, we should drop to the $12-$13 area,...
hi traders, we are buy Fisker ... but be careful it can look for a low price and a rally ... Good luck
as in chart FSR expected to close current wave at the entry range then go to the shown targets. $FSR #FSR
MID-TERM: 4hr and daily hidden bullish divergence, dragon pattern, just above the 200 MA on the daily. (not financial advice)
Using Aspen Trading Support & Resistance Levels for our analysis, we can see that FSR has bounced at least three times from the support level of 19.01. This level represents a strong support for Fisker. It is now close to resistance level of 22.17 and a move beyond this level will be a solid move to the upside. Another tailwind is the higher oil prices and...