Long
HYLN, weekly slowly turning bullish
Hyliion recently joined the Russell 3000 and Russell 2000 indexes. Technically: this Weekly candle got clearly rejected by the white downtrend line last week. Squeezing within the small dotted uptrend channel. If HYLN manage to breakout upwards next week, then n the way up it will get rejected by several downtrend lines - blue, orange and green -. If no substantial news, around September it should be back slowly crawling back up towards 0.236 Fib. level, when also the earnings come out.
HYLN also makes a bull flag on the daily.
HYLN also makes a bull flag on the daily.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.