Fisker $FSR Squeeze Imminent?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.
Fiskerstock
[FSRN] FISKER TO SATURNS MOON - FROM 6 CENTS TO $1.50 - $2.00There 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 innovator. Trust this is the most underrated stock in the market right now.
Potential to make $100,000 from each $1000 invested.
You're welcome, Roaring Puppy out.. OTC:FSRN
Follow for more uproars...
Reference:
Fisker Raises Additional Capital From Existing Investor; Funding Is $3.456 Million; Potential to Increase to $7.5 Million
Fisker also Adds Three New U.S. Dealer Partners, in California and New Jersey; Waives $2,438 D&H Fee in U.S. on MY2023 Extremes and Ultras
Fisker's Stock Plunges Amid Bankruptcy ConcernsThe 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 ) exploring bankruptcy have sent shockwaves through the market, intensifying concerns about the company's financial viability. With the Wall Street Journal revealing that Fisker ( NYSE:FSR ) has hired restructuring advisers, speculation about the company's fate has reached fever pitch.
Fisker's precarious financial situation was underscored in its fourth-quarter earnings report, where the company admitted to "substantial doubt" about its ability to continue operating. Despite efforts to secure additional funding and cut costs through layoffs, the specter of bankruptcy looms large over Fisker ( NYSE:FSR ).
The company's unique business model, which involves outsourcing manufacturing to Magna for its Ocean electric SUV, has raised eyebrows among industry observers. While Magna's track record in vehicle production is well-established, Fisker's heavy reliance on a single model and external manufacturing could pose challenges in the long run.
Moreover, Fisker's recent woes extend beyond financial troubles, as the company grapples with negative publicity surrounding its Ocean model. A scathing review from prominent YouTuber Marques Brownlee, branding the Ocean as "the Worst Car I've Ever Reviewed," has further dented Fisker's reputation and sent its stock plummeting.
With Fisker's ( NYSE:FSR ) stock trading at a fraction of its former value, questions abound about the company's prospects for recovery. Founder Henrik Fisker's previous venture, Fisker ( NYSE:FSR ) Automotive, ended in bankruptcy in 2013, adding a layer of skepticism to the current situation.
Despite these challenges, Fisker ( NYSE:FSR ) remains committed to delivering its Ocean SUV, with plans to ramp up deliveries in the coming year. However, the road ahead is fraught with uncertainty, and Fisker's ability to navigate these turbulent waters remains uncertain.
Fisker's Resilience and Promising Deliveries Signal a Strong BuyFisker Inc. (NYSE: NYSE:FSR ), a company that has shown remarkable resilience and positive momentum in the face of challenging market conditions. Despite a turbulent year that saw a significant decline in stock value, recent developments and impressive 2023 delivery figures suggest that Fisker is on a path to recovery and growth.
Breaking the Falling Trend:
Fisker A, the automotive company's stock, has recently broken the falling trend channel in the medium long term. While this initially signaled a stronger falling rate, the emergence of positive developments, especially in the delivery numbers, indicates a potential turnaround. Investors should consider the possibility of corrections in the short term, making it an opportune moment to enter the market.
Ascending Triangle and Continuation of the Current Trend:
NYSE:FSR reveals the formation of an Ascending Triangle, a bullish pattern indicating a potential continuation of the current upward trend. This pattern, coupled with the recent surge in stock value, suggests that Fisker is poised for further gains. Investors keen on riding the momentum of a growing trend should take note of this encouraging sign.
Impressive 2023 Delivery Figures:
One of the key catalysts driving Fisker's recent stock surge is the remarkable performance in vehicle deliveries. The company announced that it delivered 4,700 vehicles in 2023, marking its first year of making deliveries. Notably, the fourth quarter saw a staggering 300% increase in deliveries compared to the previous quarter. These robust figures reflect the company's ability to meet demand and capitalize on the growing interest in its products.
Global Expansion and Customer Loyalty Program:
Fisker's expansion into Canada and the U.K. further underscores its commitment to international growth. The company's strategic move to deliver vehicles in these markets signifies a broader customer base and increased market share. Additionally, the upgraded loyalty program aims to enhance the customer experience, offering existing and potential buyers enticing benefits such as charging credits, free tire replacements, and extended warranties.
Analyst Outlook and Potential Upside:
Despite Fisker's stock losing nearly 75% of its value over the year and being 93% off its all-time high, recent positive developments have caught the attention of analysts. With shares up 21.9% in the last week of 2023, Fisker's trajectory suggests a potential upside for investors. Analysts may view this as a strong buy opportunity, especially considering the company's efforts to address customer concerns and boost loyalty.
Fisker's recent turnaround, robust delivery numbers, global expansion, and customer-centric initiatives make it a compelling choice for investors seeking a potential winner in the stock market. While acknowledging the challenges faced in 2023, the company's resilience and strategic moves position it favorably for future growth. Investors looking to capitalize on a promising opportunity in the automotive sector should consider Fisker Inc. as a strong buy, anticipating a continued upward trajectory in the coming months.
FSR at support? 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 targets will be 9.42 and 10.51
Resistance: 11.40 / 15.00 / 19.00
Support: 8.00 / 6.00 / 5.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Fisker: Sell the Top of the Range 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
Resistance: 13.00 / 15.00 / 19.00
Support: 10.00 / 8.00 / 5.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
FISKER at an important support, ready for another rally?$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, which has been a very strong support area even when there was heavy selling pressure on small caps particularly SPACs, and unbearably on most of the EV start-ups. So this area would present a very good entry point considering the risk and reward.
Today, $FSR has a 4.65B market cap, which if we compare it to $LCID at 60.78B it is way cheaper. The only big difference is that Lucid has started to put cars on the street while $FSR is set to do so in November 2022. The first Fisker car is a crossover SUV called Ocean, which has a superior design and very competitive pricing revealed by the company in the LA car show back in November. I am expecting a huge run when it happens and most likely when we get closer to the production.
Fundamentally, the company is doing well. Since it is still in its early stages it is considered risky, but given the lowered risk of production execution and having a top-tier design by the CEO himself this company had a lot of potentials for growth. EV stocks are expected to do very well in the coming few years as electrification is increasing exponentially. I am considering $FSR a good potential multi-bagger for the next few years, nevertheless, a lot depends on the execution of course. This is not financial advice, DYODD!
Fisker (FSR) is a strong play for electric vehiclesUsing 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 global focus on the green and sustainable energy for electric vehicles.
There is huge upside potential in the long run for this company as we have seen with TSLA.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
FSR Fisker Ocean ‘world’s most sustainable vehicle’ 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 about the car. It looks quite impressive in my opinion.
FSR Struggling to break $14.50 supportFIsker is one of my favorite EV companies as its one of the rare US EV companies with a firm plan for mass manufacturing. Outsourcing their manufacturing allows FSR to operate an "asset-lite" business model which enables cost savings that are passed onto customers in the form of highly competitive pricing, which will help secure robust sales as global EV adoption continues to accelerate. Trading at just 2x projected 2023 revenue I think now is a good time to add to FSR.
Fisker-Reverse Head and Shoulder, bullish trend repeating againForming reverse head and shoulder
followed by
forming again reverse head and shoulder with bullish trend with consolidation.
Anticipated news is helping to form this chart. remember the market factors is unpredictable so always keep money for dollar cost averaging.
my price target is 32 dollars till 2021 December.
this is not a financial advice. it is just the idea.
I am using my 10 years of expertise of education and stock trading to form this chart. Good Luck.
Please Like the idea if you agree...So others can also know about your thoughts...
FSR - Are You Ready? 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 bottom structure 2.) Double bottom in RSI chart 3.) A double bottom in MACD. So I think we are going to make a beautiful head and shoulders structure in the coming weeks. First we have to break the trendline then the next thing we have to do is to break the resistance $11.80-12.20, then we are ready for $15. So be patient and don't PANIC, good things take time ;)
FSR - What Happens Next? Hi, this is my new update for Fisker. From 2.Mars until now, FSR has fallen over 60% and I think we have reached the bottom. We have now tested the support level around $10.30-10.50, the RSI is under 30 and that means FSR is oversold and that is a good sign and now the RSI is getting ready to test the support 24, once we test it then we are going to make a double bottom in RSI chart and it is time to takeoff and I expect we are going to make a bottom head and shoulders and that indicates we have reached the bottom. The first resistance we have to test is between $11.85-12.20, once we break it, the next one is around $15. So be patient ;)
Patience My Fello FSKR FriendsThoughts on this analysis. Looking at support and resistance zones, this analysis is a forecast if the bearish trend continues. Any thoughts, suggestions, or constructive criticisms are appreciated as this is my first analysis.
$FSR Goldmans Sachs Releases Bias To Save Trade Desk! UPDATE! $FSR Goldman can sack it, they released a sell rating this morning to 10 citing overcrowding and unrealistic Q4 Targets. This is flat out wrong. Hoping to a see this gap filled in spite of them as there are more buy ratings than sell. Most in the $30s and $40s.
$FSR Bullish Wedge Forming On The 1 Day 1 Year Chart$FSR Bullish Wedge Forming On The 1 Day 1 Year Chart. Possible further downward momentum prior to the next leg up.
$FSR Bullish Pivot. Uptrend ConfirmationOn December 02, 2020 Fisker retraced down exactly as expected nearly to the penny! On December 04, 2020 $FSR confirmed reversal uptrend and is now on a bullish uptrend in new trend channel.
