PSNY. Accumulation zone in the red rectangle?
The stock dropped more than -10% after the financial results were announced. Typically, it takes the stock more than 30 days to recover its price.
1. Will institutional investors be ready to defend the price in this zone?
2. Will Elon and
TSLA
put further pressure on other manufacturers with their price war?
3. The green rectangles, resistance, will be potential targets if the stock regains strength.
4. All investors are waiting for Polestar 4 and 3 to go into production. These 2 models will be a challenge for the company's future over the next 12-18 months.
1. Will institutional investors be ready to defend the price in this zone?
2. Will Elon and
TSLA
put further pressure on other manufacturers with their price war? 3. The green rectangles, resistance, will be potential targets if the stock regains strength.
4. All investors are waiting for Polestar 4 and 3 to go into production. These 2 models will be a challenge for the company's future over the next 12-18 months.