Maximus20000

Fisker $FSR : Buying zone for a speculator?

Long
BATS:FSR   None
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 TSLA NYSE:FSR LCID RIVN PSNY is like buying AAPL MSFT in 1999. I'm not joking. Don't listen to the skeptics and have confidence.
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