Fisker Short Term We look to Buy at 8.06 (stop at 7.61) We look to buy dips. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Although the anticipated move higher is corrective, it does offer ample risk/reward today. There is scope for mild selling at the open but losses should be limited. Our profit...
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...
at the LA auto show Henrik Fisker revealed Ocean Sport, 250 miles of range, single-motor front wheel drive, that will start at $37,499, before any state and local incentives At that price level, no one so far, even Tesla, can match that price in the premium EV landscape. Bank of America has a 24usd price target for it! Looking forward to read your opinion...
Hi, this is my new update for FSR. Yesterday we got a good news and the stock rallied 18% and then it closed up only +5%, but don't be sad if we look at the last time we got a good news, the same thing happened (Ellipse 1). I expect the shorts are going to cover in next week, because the chart tells us that we have reached the bottom with 3 factors: 1.) A double...
Going Long with another buy position placed for $8.00