Cars are being produced and delivered. 550M inventory and 520M cash on hand as of their last Q financial report. 522M marketcap. 2024 will be a big year for Fisker in my opinion. Produced by $MGA. Can't wait for the Alska EV pickup! Own your own trades. Do not take this as any financial advice. I have a long position.
FSR is an EV company that has shown promise with its vehicle, the Fisker Ocean as well as its partnership with Magna (MGA). FSR stopped nearly to the penny at the 200-day moving average. Stoch RSI and MACD look to be bottoming out and FSR is trading below its VWAP.
FSR will be included in the Russell 3000 index on June 28th. There has not yet been significant volume indicating that the mutual funds and ETF's that are mandated to track the index have most likely not made their buys yet. When they do make their buys, this should result in a large inflow in a short period of time pushing the price higher. The IWV, an iShares...
Looking to buy into Magna as an EV play with reputation and track record. Big break out on some news. Looking for it to retest the previous ATH and would like that to fail and hopefully I can get in at the low 80s. Same with others, I’m not in a rush to get into this. RSI showing over bought. I should be able to get some sort of discount here.