Maximus20000

Maximus20000

PSNY Stock Forecast: Second Quarter 2023 Results and Recent Developments Delivered 27,841 vehicles by June, aiming for 60–70k deliveries in 2023: Polestar delivered nearly 28,000 vehicles by June and has ambitious plans to deliver between 60,000 to 70,000 vehicles in the entire year of 2023. Q2 saw 15,765 vehicle deliveries, a 36% YoY increase: In the second...

Maximus20000

Falling Wedge Pattern for PSNY chart, Polestar In this chart analysis, it's evident that there's a potential buying opportunity if we manage to reclaim the indicated level (previous gap after Earnings). This could take 30 to 45 days, as institutional investors are not very interested in buying this stock. However, it's crucial to exercise caution and patience,...

Maximus20000

The stock dropped more than -10% after the financial results were announced. Typically, it takes the stock more than 30 days to recover its price. 1. Will institutional investors be ready to defend the price in this zone? 2. Will Elon and NASDAQ:TSLA put further pressure on other manufacturers with their price war? 3. The green rectangles, resistance, will be...

Maximus20000

Stock Following Disappointing Earnings. Polestar second-quarter loss widens as it ramps up EV deliveries Polestar lost $304 million in the second quarter, on revenue of $685 million. EV deliveries were up 36% from a year ago. The company is still on track to build 60,000 to 70,000 EVs in 2023, with two new models coming in the next...

Maximus20000

Navigating Low Volume, Volatility, and Long-Term Downtrend Ahead of Earnings