Long
RIDE Inverted H&S? - intraweek
Updated
NOT FINANCIAL ADVICE - OWNER OF TOO MANY SHARES @ $12.72 PER SHARE
Short-term target (next week or so) of low $13 range (based on horizontal support). Appears to be an Inverted-H&S but on such a low timeframe it's not very likely.
Aside from amazing fundamentals and probably the best chance of any current EV startups to provide the answer to BOTH fleet service vehicles and private consumers alike, the upward channel provides some additional hope in terms of current technicals.
(Head & Shoulders Pattern)
thepatternsite.com/hsb.html
Short-term target (next week or so) of low $13 range (based on horizontal support). Appears to be an Inverted-H&S but on such a low timeframe it's not very likely.
Aside from amazing fundamentals and probably the best chance of any current EV startups to provide the answer to BOTH fleet service vehicles and private consumers alike, the upward channel provides some additional hope in terms of current technicals.
(Head & Shoulders Pattern)
thepatternsite.com/hsb.html
Note
Inverted H&S produced the dreaded throwback but we are technically still within the slightly ascending channel shown by grey parallel lines.Note
Looking good for a Monday open, the newest official beta was given a soft unveiling after market close today... And it's got a number that looks like 40.lordstownmotors.com/pages/beta-counter
Trade closed: stop reached
Sometimes fundamentally promising news doesn't outweigh the negative sentiment... Or the 50%+ short interest.
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