199M float, ~30% short interest. Earnings tomorrow. Started position at $0.56 for a potential squeeze. Fisker's electric vehicles are being delivered, yet very mixed press (buggy software issues, etc). Potential de-list and/or split in the future, so caution is definitely warranted.
There is a major short squeeze about to be crippled at $1.50 - $2.00 range after announcements that Fisker raised $3.5 million last month to stay afloat from private investors. The TESLA engineering genius Henrik Fisker is back with a vengeance.. Legendary car-designer Henrik Fisker is one of those deeply imaginative thinkers. An automotive pioneer and tech...
FSR has been mentioned as a bankruptcy candidate. It has been on a super trend down on reports that it does not have enough cash reserves to meet operating expenses and production quotas. However, any review of the chart in the past quarter shows that it is capable of counter trends where it suddenly gains 10 to 20% in market cap in a short period only to...
The electric vehicle industry has been a hotbed of innovation and competition, but for Fisker ( NYSE:FSR ), the journey has been fraught with challenges. As the company's stock plummeted more than 54% in after-hours trading, investors are left grappling with uncertainty about Fisker's future and its ability to weather the storm. Reports of Fisker ( NYSE:FSR )...
Fisker Inc. ( NYSE:FSR ), the embattled electric vehicle (EV) maker, is reportedly in talks with Nissan Motor Co. in a bid to secure a much-needed lifeline amidst liquidity challenges threatening its survival. The discussions come amid a backdrop of mounting pressure on Fisker ( NYSE:FSR ), marked by production issues, technical glitches, and disappointing...
FSR on the 15 minute chart in previous price action fell from a triple top on January 30th and then put in a double bottom Friday morning 2/2 and rose to finish out the day with a strong engulfing green candle. Nearby above are targets at 0.835, 0. 873 and 0. 915 based on the Fibonacci levels and also bearish high-volume nodes on the bearish-only volume...
Technical Analysis: Buying Zone for a Speculator! No reversal volume yet, and no previous higher levels have been regained... All my technical analysis is still telling me to wait... however, my slightly 'irrational' emotions are urging me to take a position here and now, haha. Planning to invest 30% of the desired capital in $FSR... another 40% once we enter...
Fisker is down by 50% this year. It is not a bargain but it is a candidate of a short squeeze. Remain in the sidelines.
Stop buying the dip. You won't be rewarded. It has been exactly 85 days, 58 market opening sessions, that the stock has been continuously plummeting, non-stop, with an 82% decline, without once regaining any previous high. When I mention levels, I mean a previous peak. Start buying when one of my levels: short attack or imbalance, is regained. No need to rush....
Cars are being produced and delivered. 550M inventory and 520M cash on hand as of their last Q financial report. 522M marketcap. 2024 will be a big year for Fisker in my opinion. Produced by $MGA. Can't wait for the Alska EV pickup! Own your own trades. Do not take this as any financial advice. I have a long position.
FSR has formed the cup of the cup and handle pattern and is now starting the downturn formation of the handle. Price action should continue down to the 50% retracement of the uptrend of the cup. It should then reverse and trend upward to twice the height of the cup/ AO /MACD / RSI confirm the downtrend. I will target this with the $7.50 strike put...
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...
NYSE:FSR FSR is uptrending on the one-hour chart. It is in the bottom quarter of the channel and relative strength is mid-range. It is at the multisession VWAP after a small pullback down into the bottom of the channel and seems to be at a long entry. At the last earnings, FSR exceeded analyst's expectations. FSR's website and marketing suggest a bit of a...
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 ...
$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,...
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 $37,499, before any state and local incentives At that price level, no one so far, even Tesla, can match that price in the premium EV landscape. Bank of America has a 24usd price target for it! Looking forward to read your opinion...
Fisker ($FSR) looks primed to break the $23.60 resistance. If it does, then $32 and above is on the table. Watch for a breakout and a retest. If it hold, let's go long and #bank!