Stock to watch: Electrameccanica Vehicles Corp (NASDAQ: SOLO)
NASDAQ:SOLO
The asset has been in 40+ days of consolidation in the range. And as it is in an uptrend (also for MACD Crossover indicator) I'm expecting a decent breakout.
The buy zone is between 0 and 0,236 Fib
Targets: up to 2 Fib (or even further)
Invalidation: closing below November's gap.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
The asset has been in 40+ days of consolidation in the range. And as it is in an uptrend (also for MACD Crossover indicator) I'm expecting a decent breakout.
The buy zone is between 0 and 0,236 Fib
Targets: up to 2 Fib (or even further)
Invalidation: closing below November's gap.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
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