Going back to 21$ and possibly reversing to resistance level 24.20$ if we break the 24.20$ resistance with positive closure above it then the pattern highly likely succeeds and we go to 31$ level... also it’s sort of making wave 1 in Elliot’s waves analysis...however, keep in mind news has high impact to on those stocks at this level and technical analysis ..
Broke the downtrend and made a cup and a handle , is the downtrend over? Possible. my heart says yes, my brain says not yet... Just share ideas 💡
EVs are tanking for the second half of the year. When cciv Lucid deliver their first car in august; their stock will surge so do FSR, as people will start to jump into FSR to prepare e for another great opportunity. Though FSR possibly will touch the trend line before starting reversal. Success of CCIV lucid is very very very important for FSR.... as the trust of...
Price gapped up to 32$, possible retraction to fill the gap and form the right shoulder then, goes to 42$ ...
Saucer pattern +Morgan Stanley price target 40$- 90$ ... Saucer pattern target 32.70$ Then the bulls likely to push the price to Morgan Stanley price target 40$. Very promising!
Saucer pattern + Megan Stanley 40$-90$ First target 32.70$ then the bulls might push it to the 40$ as Morgan price target... very promising!
Double bottom was formed, the resistance became a support, profit take 5.44$, resistance at 5$.. not a pro in analysis but sharing personal view