amateur_trad3r

Fisker is waiting for a big move

Long
NYSE:FSR   Fisker Inc.
Close to the oversold point in the stochastic.

MACD below 0 with reversal signals (bullish).

35% below its all-time high in November.

Since December it has fluctuated between 61.8% and 50% of the Fibo.

Its 55 EMA is flat (it can't hold like this for long).

It may be preparing to start a trend.

It has resistance at $18 and $21 ($20 can be a good target).

It has future potential.

"Fisker Inc. is an electric vehicle manufacturer founded by Henrik Fisker, launched in 2016 and based in California. Fisker Inc. is a relaunch of the Fisker brand, which previously manufactured the Fisker Karma under Fisker Automotive (founded in 2007). In addition to designing and developing electric vehicles, Fisker Inc. has registered patents for solid-state batteries for use in automobiles, consumer electronics, and other industries."

FSR
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