FSR follows TSLA / NIO in uptrend

2023年5月24日

For the month of May on the 15-minute chart Fisker is up 27% while the general market QQQ

is up merely 4%. FSR riding an ascending parallel channel tested the channel yesterday. This

was met with high relative buying volume. (Fundamentally, TSLA and NIO are rising as well

as EV stocks gain some momentum ) The Better RSI indicator is oscillating between oversold

and overbought providing reasonable entries. The volume profile shows the highest volume

support from $ 61.0 to 6.65. The uptrend started at 5.10 and the POC line which is the likely

Fib 0.5 level on a future retracement combined in context suggest a target of 7.10 for the

current uptrend. I find this to be suitable for a long trade setup also factoring in a stop loss

at 6.55 just below the parallel channel.

2023年5月31日

交易开始

FSR recovering from a pullback which was an opportunity to add to the position.