Long
Updated

Buy $HYLN - NRPicks Feb 07

582
Hyliion Holdings Corp. (HYLN) is a company that designs, develops and sells electrified powertrain solutions for the commercial transportation industry. Provides battery management systems for hybrid and fully electric applications.

Electric car manufacturers belong to an industry with a lot of potential, which has benefited from UK measures to reduce carbon emissions and Joe Biden's decrees regarding the Paris agreement.

HLYN comes from a 73% recoil from its highest point in September 2020, reaching its lowest level since June 2020.

Technical:

Average RSI levels 40.93
10% below your MA 50
2-month support at $15.47
Trade closed: target reached
11 feb

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