POLESTAR (PSNY) - LONGTERM BUYING OPPORTUNITY, RISK:REWARD 1:10Polestar (PSNY) has been in a long term downtrend since its launch on the NASDAQ, the EV sector has seen some excitement however adoption to EV vehicles has been a slow trend worldwide compared to the hype when first introduced. At current, EV sector participants are in the beginning phases of mass
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−0.75 USD
−2.05 B USD
2.03 B USD
2.06 B
About Polestar Automotive Holding UK Limited
Sector
Industry
CEO
Michael Lohscheller
Website
Headquarters
Gothenburg
Founded
2021
FIGI
BBG0147QHGX5
Polestar Automotive Holding UK Plc is the Swedish electric performance car brand that engages in the research, development, marketing, commercialization, and sales of battery electric vehicles and related technology solutions. It offers Polestar 2 (PS2), a premium fast-back sedan, the Polestar 3 (PS3), a luxury aero sport-utility vehicle, the Polestar 4 (PS4), a premium sport utility vehicle, the Polestar 5 (PS5), a luxury sport grand-touring sedan, and the Polestar 6 (PS6), a luxury roadster. The company was founded on September 15, 2021 and is headquartered in Gothenburg, Sweden.
PSNY is in an accumulation phase with compressed volatility. - Since April 2024, the stock has experienced a sharp decline followed by consolidation.
- Since December 2024, PSNY has been moving in a sideways range between around $1.05 and $1.20.
- The 50-day moving average (in blue) is around $1.10, indicating price stabilization.
- A slight increase in v
PSNY - I like the stockGood Morning Traders,
Today I am sharing NASDAQ:PSNY an EV play from VW I like and am back in prior to sharing.
📈 Price Action and Confluence on PSNY
Based on recent price action and confluence signals, my system is indicating a re-entry on Polestar Automotive Holding UK PLC (PSNY). I like th
Long-Term Outlook: Polestar's Potential on the 3-Day CandlesticLong-Term Outlook PSNY: Polestar's Potential on the 3-Day Candlestick Chart
Looking at the 3-day candlestick chart, we can observe some promising signs for the long term. While the price action may seem gradual, it reflects a steady build-up that could lead to significant growth in the years ahead.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.