Thumper
Active Member
My best guess is an expectation that many Fisker reservees will order an S. It is the only thing new recently.
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Broke the 35
My only guess is 3 phase charging has finally sunk in.
How high did it get? It was back down to $34.99 when I checked a few minute ago. Does this mean a new 52 week high, or does it have to be above $35 at the end of the day?
Appears there is a new ceiling now. Bye bye $35.
Wikipedia said:The reason for a price rise following a cup and handle formation is largely unknown. Likely because many traders know about this signal and buy when they see it forming thus artificially creating the bullish uptrend.
Looking at the last few months, there's a clear "cup", but you have to squint awfully hard to see some sort of "handle".Hears a link to the concept expalanation. Cup and Handle Definition | Investopedia