FSR - What Happens Next?
Hi, this is my new update for Fisker. From 2.Mars until now, FSR has fallen over 60% and I think we have reached the bottom. We have now tested the support level around $10.30-10.50, the RSI is under 30 and that means FSR is oversold and that is a good sign and now the RSI is getting ready to test the support 24, once we test it then we are going to make a double bottom in RSI chart and it is time to takeoff and I expect we are going to make a bottom head and shoulders and that indicates we have reached the bottom. The first resistance we have to test is between $11.85-12.20, once we break it, the next one is around $15. So be patient ;)
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