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Psny

PSNY - I like the stockGood Morning Traders, Today I am sharing NASDAQ:PSNY an EV play from VW I like and am back in prior to sharing. 📈 Price Action and Confluence on PSNY Based on recent price action and confluence signals, my system is indicating a re-entry on Polestar Automotive Holding UK PLC (PSNY). I like the stock, and I think it can give good short term and long term gains. 🚗 About Polestar Polestar, the Swedish premium electric performance car brand, has been making waves in the EV industry. With their recent expansion into the North American market and access to Tesla's Supercharger network, Polestar is positioning itself as a strong contender in the electric vehicle space. Their commitment to innovation and sustainability is truly commendable. 🌍 Industry Trends The electric vehicle industry is booming, with increasing demand for sustainable transportation solutions. Polestar's strategic partnerships and continuous advancements in EV technology make it an exciting stock to watch1. Share thoughts in the comments! ❤️
NASDAQ:PSNYLong
by EliteIndicatorSys
2
Long-Term Outlook: Polestar's Potential on the 3-Day CandlesticLong-Term Outlook PSNY: Polestar's Potential on the 3-Day Candlestick Chart Looking at the 3-day candlestick chart, we can observe some promising signs for the long term. While the price action may seem gradual, it reflects a steady build-up that could lead to significant growth in the years ahead. For those following Polestar, this chart provides a clearer picture of the broader trends and potential shifts in momentum. As always, patience is key. If the fundamentals align as expected, we could see a strong upward movement by 2026. For now, stay focused on the bigger picture and keep an eye on any key market shifts.
NASDAQ:PSNYLong
by Maximus20000
Believing in Polestar: Resilience and Opportunities in the USA Don't forget, Trump is unlikely to target Polestar's business as it works to establish Spaces across the USA. This expansion translates to jobs, taxes, spare parts, maintenance, and more. The South Carolina factory is also expected to reach its full production capacity sooner or later. Stay confident in this project. I understand how tough it can be, especially when you see stocks like NVDA, AMZN, or even TSLA climbing higher with each passing day. Our hope lies in the fact that if NVDA can gain SGX:40B -$50B in market cap in a single day, or TSLA and AMZN can do the same, then a modest increase for PSNY of $500M, SEED_TVCODER77_ETHBTCDATA:1B , or SEED_TVCODER77_ETHBTCDATA:2B is just pocket change for Wall Street algorithms. In conclusion? Stay strong PSNY fam'!
NASDAQ:PSNYLong
by Maximus20000
NIO - Wave 5 In Wave 1 Or ANIO stock has completed the first 5 waves of the current corrective wave and is currently trading in wave 5 of wave 1, confirming the strength of the medium-term trend. However, we believe it is approaching a corrective wave in the short term, so caution is advised regarding the levels mentioned in the report for traders. As for long- and medium-term investors, there is still an opportunity to continue the upward waves after completing the internal structure of the expected corrective wave following the completion of the first wave.
NYSE:NIO
by Fares-egy
PSNY - Adjusting the short-term vision onlyThe stock closed last week with a clear reversal candle, showing weakness in the technical indicators after achieving 95% of the target for the current first wave. We expect the stock to aim for a deep correction in wave 2 or a , and if it holds above the 61% Fibonacci level around the 1.10 - 1.00 area, it will continue its bullish wave in the medium term. In the short term, there is a shift towards a bearish outlook, while positivity remains on the medium-term horizon, Hence, we see the current rebound as an opportunity to close speculative positions, while maintaining investment positions unchanged.
NASDAQ:PSNY
by Fares-egy
1
Worldwide misunderstanding for Polestar 😄Trading at 87.5% below our estimate of its fair value Revenue is forecast to grow 35.64% per year Trading at good value compared to peers and industry Risk: Negative shareholders equity Has less than 1 year of cash runway Currently unprofitable and not forecast to become profitable over the next 3 years Volatile share price over the past 3 months Polestar has tried everything. Collaboration with Renault to "sublet" production plants (future plant in South Korea). Breakaway from Volvo. Lower prices for Polestar 3 and 4 cars. But nothing worked. The stock continues to sleep, brain-dead. The shorts keep piling up, day after day after day... As a huge investor in this stock, I myself look away. I start buying a China ETF, Porsche, European stocks like Nestlé or Swatch or Zalando or Kering... no one in my entourage can hear about Polestar anymore haha
NASDAQ:PSNYLong
by Maximus20000
3
Polestar | Bullish Engulfing Pattern Signals Potential ReversalThe provided candlestick chart shows a promising bullish engulfing pattern in the last two candlesticks. This pattern is a strong indicator of a potential reversal from the recent downtrend, signaling that buyers are stepping back into the market with vigor. Given that the stock was recently trading at its lowest point of $1.6 and has now rebounded to $2.05, this bullish engulfing pattern could be an early sign of sustained upward momentum. Option 1: The stock may follow the steps outlined on the chart (1,2,3,4,5), indicating a gradual and steady rise after overcoming the initial resistance. Option 2: There’s a possibility that the stock might skip step 2 and break through the resistance immediately due to strong buying pressure. Option 3: If support is broken, we could witness a continuation of the downtrend. Investors should keep an eye on key support levels to mitigate risks. Please note that this is not a financial advice and it’s important to do your own research before making any investment decisions. News: NASDAQ:PSNY continues its close collaboration with NASDAQ:GOOGL at CES 2024 in Las Vegas. The latest innovations for cars equipped with NASDAQ:GOOGL integration are about to be implemented on NASDAQ:PSNY models, introducing new features also available on Polestar 2. These innovations are currently on display at Google’s Android booth at CES, with particular reference to Polestar 3. techgameworld.com
NASDAQ:PSNYLong
by ericsocrat
2
Fisker $FSR : Buying zone for a speculator?Technical Analysis: Buying Zone for a Speculator! No reversal volume yet, and no previous higher levels have been regained... All my technical analysis is still telling me to wait... however, my slightly 'irrational' emotions are urging me to take a position here and now, haha. Planning to invest 30% of the desired capital in $FSR... another 40% once we enter the 0.93 zone... If the price explodes upward, at least I'll already be in position. If the price falls further, I can DCA (Dollar-Cost Average) on the initial 30% already invested here. I don't like the look of the current chart at all; however, the EV speculative bubble will return, much like the current semiconductor bubble. By 2030, most cars will be clean energy vehicles. By 2035, the first EVs using only recycled cobalt will roll out of Northvolt's factories in Sweden. In short, all of this to say, EVs are the future. Buying today in NASDAQ:TSLA NYSE:FSR NASDAQ:LCID NASDAQ:RIVN NASDAQ:PSNY is like buying NASDAQ:AAPL NASDAQ:MSFT in 1999. I'm not joking. Don't listen to the skeptics and have confidence.
FLong
by Maximus20000
2
Polestar PSNY: Buy the bottom of the bottom of the bottom.Buy the bottom of the bottom of the bottom. It's the only chance to catch the lowest point in Polestar's history. The purple trendline originates from the lowest points when the volume was at its highest, attempting to force the capitulation of all retail investors and a few hedge funds. If I weren't already fully invested in this stock, it's exactly at the points of the two orange arrows that I would buy in the most aggressive manner possible. At the point between the orange arrows and the purple trendline! And if this support doesn't hold? Don't worry... the stock will collapse like you've never seen before... so, since you're already in a tough spot, might as well give it a shot, haha!
NASDAQ:PSNYLong
by Maximus20000
1
Very bad news... If I wanted to be as pessimistic as possible..."Swedish EV maker Polestar misses target for 2023 deliveries" Polestar has not reached its delivery target for 2023. The brand delivered around 54,600 electric cars worldwide last year, falling short of the annual target, which was recently lowered to 60,000 electric cars. -40% is the drop that NASDAQ:PSNY experienced during the previous earnings announcement... Appointment in 22 days... Stock market is absurd... indices are soaring to the sky in orbit.. and the EV sector is collapsing like a house of cards. By the way, Volvo is accelerating its descent into a downward spiral... someone is likely to be fired if this continues. Stocks are plummeting after Polestar missed its annual sales target, and Volvo is temporarily halting production in Belgium due to the situation in the Red Sea. Geely trims its stake in Volvo Trucks, redeeming bondholders with shares worth over 7 billion SEK ($911 million), reducing ownership from 8.2% to 6.8%. The move aligns with Geely's communicated strategy, emphasizing a strategic, long-term investment in Volvo. This follows Geely's divestment in Daimler Truck Holding last year, sparking speculation about its influence at Volvo. Despite changes, Geely maintains a steady presence in the automotive landscape.
NASDAQ:PSNYShort
by Maximus20000
$PSNY Here we go... the stock is about to hit its all-time lowEarnings coming, Polestar 4 on the horizon, and then Polestar 3... 💎 🙌 The stock held the historical support... are we going to witness the same scenario as in May-June 2023? A rebound of +40%? Or has the electric bubble burst, and the stock is heading towards 1.80-1.70? The new strategy displayed on the screen has evidently triggered a short position at 2.11 and is currently in a short position. Will there be a profit-taking by short sellers and a rebound? We will see. By the way, each rectangle represents areas that are crossed quickly and effortlessly...
NASDAQ:PSNY
by Maximus20000
1