Hyliion Holdings is back

amateur_trad3r Updated   
NYSE:HYLN   Hyliion Holdings Corp.
After falling since September last year, it seems to have reached a bottom in January, starting a recovery.

I visualize 3 possible targets in different time frames: $ 24-25, $ 30, and $ 40.

Its main institutional holders include Bank of America, Morgan Stanley, Wells Fargo and Goldman Sachs, mmm.

Its on-balance volume seems to have reached a support level in December, now they are injecting capital into it, sooner or later this will be reflected in the price.

Hold the line, the price is near a support level, it may be the end of a corrective wave, if it falls below $15 I would consider something else, but the bull thesis is on.

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