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 ..
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...
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!
