Another double bottom in the making?Polestar clearly needs a catalyst. Then the next double bottom will likely come to fruition. MACD also shows positive signs on the 4h chart.
PSNYW trade ideas
PSNY is in an accumulation phase with compressed volatility. - Since April 2024, the stock has experienced a sharp decline followed by consolidation.
- Since December 2024, PSNY has been moving in a sideways range between around $1.05 and $1.20.
- The 50-day moving average (in blue) is around $1.10, indicating price stabilization.
- A slight increase in volume has been visible in recent weeks, indicating renewed interest.
- However, there are no significant peaks to suggest an imminent breakout.
- The MACD line is slightly above the signal line, indicating weak bullish pressure.
- The histogram is almost neutral, suggesting a balance between buyers and sellers.
r/PSNY_Polestar_SPAC - Analysis of the PSNY chart. PSNY is in an accumulation phase with compressed volatility.
Polestar Automotive Holding UKChart is talking about near future Target prices
1st price target = Almost 6.000 $
I belive it will open branches in new countries soon , and developing unique technologies soon .
PSNY - MACD trying to cross on the daily. First positive signal**MACD is trying to cross on the daily... first positive signal.** ✅
**Second positive signal: the 50-day moving average is about to flip bullish.** 📈
Even these damn daily candles are green! 🔥🚀
PSNY - I like the stockGood Morning Traders,
Today I am sharing NASDAQ:PSNY an EV play from VW I like and am back in prior to sharing.
📈 Price Action and Confluence on PSNY
Based on recent price action and confluence signals, my system is indicating a re-entry on Polestar Automotive Holding UK PLC (PSNY). I like the stock, and I think it can give good short term and long term gains.
🚗 About Polestar
Polestar, the Swedish premium electric performance car brand, has been making waves in the EV industry. With their recent expansion into the North American market and access to Tesla's Supercharger network, Polestar is positioning itself as a strong contender in the electric vehicle space. Their commitment to innovation and sustainability is truly commendable.
🌍 Industry Trends
The electric vehicle industry is booming, with increasing demand for sustainable transportation solutions. Polestar's strategic partnerships and continuous advancements in EV technology make it an exciting stock to watch1.
Share thoughts in the comments! ❤️
Inverse Head and Shoulders on PSNY?Inverse Head and Shoulders on PSNY? 🚀
Is PSNY finally gearing up to move? The stock’s been like a "stablecoin" lately 😂.
Rumors suggest Polestar 3 and 4 sales are over 1,000 vehicles!?! Haha, super bullish!
PSNY Longdaily, Trendline break + re-test
Long 1.08
Stop 0.55
Target 2.9
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Long-Term Outlook: Polestar's Potential on the 3-Day CandlesticLong-Term Outlook PSNY: Polestar's Potential on the 3-Day Candlestick Chart
Looking at the 3-day candlestick chart, we can observe some promising signs for the long term. While the price action may seem gradual, it reflects a steady build-up that could lead to significant growth in the years ahead. For those following Polestar, this chart provides a clearer picture of the broader trends and potential shifts in momentum. As always, patience is key. If the fundamentals align as expected, we could see a strong upward movement by 2026. For now, stay focused on the bigger picture and keep an eye on any key market shifts.
Believing in Polestar: Resilience and Opportunities in the USA Don't forget, Trump is unlikely to target Polestar's business as it works to establish Spaces across the USA. This expansion translates to jobs, taxes, spare parts, maintenance, and more. The South Carolina factory is also expected to reach its full production capacity sooner or later. Stay confident in this project. I understand how tough it can be, especially when you see stocks like NVDA, AMZN, or even TSLA climbing higher with each passing day.
Our hope lies in the fact that if NVDA can gain SGX:40B -$50B in market cap in a single day, or TSLA and AMZN can do the same, then a modest increase for PSNY of $500M, SEED_TVCODER77_ETHBTCDATA:1B , or SEED_TVCODER77_ETHBTCDATA:2B is just pocket change for Wall Street algorithms.
In conclusion? Stay strong PSNY fam'!
Here’s what could happen with PSNY if we overlay the chart with Here’s what could happen with PSNY if we overlay the chart with AMD... this is just an archive over time that I’m posting here... just for science and remembrance... LOL.
I’ll post a more serious strategy later...
PSNY - Adjusting the short-term vision onlyThe stock closed last week with a clear reversal candle, showing weakness in the technical indicators after achieving 95% of the target for the current first wave. We expect the stock to aim for a deep correction in wave 2 or a , and if it holds above the 61% Fibonacci level around the 1.10 - 1.00 area, it will continue its bullish wave in the medium term. In the short term, there is a shift towards a bearish outlook, while positivity remains on the medium-term horizon,
Hence, we see the current rebound as an opportunity to close speculative positions, while maintaining investment positions unchanged.
Polestar…..some numbersHaving posted a review on Polestar recently the price has increased so l thought I’d share some numbers to put this in context.
Company. Market cap $ billion. Revenue $ billion
Rivian. 13.30 4.43
Lucid. 8.74. 0.595
Polestar 3.47. 2.37.
These numbers obviously don’t tell the full story but on the face of it make Polestar look like a bargain compared to the other two companies.
Having just refreshed and improved the model 2 and just launched their model 3&4, revenue is bound to increase.
All of their new models have received very positive reviews from the motoring press from the research that I have done.
A big problem that has now gone away is that the company had received a non-compliance notice from the Nasdaq as the share price was under $1.00. Effectively had it remained under that price they would have been kicked out of the Nasdaq.
Daily rsi is in overbought territory at 75.52 so it may pull back from here, who knows
Cantor Fitzgerald has a $3.00 price target.
I think the price will go higher in the months and years ahead
PSNY - Buying Power and BreakoutsPolestar (PSNY) has faced significant financial challenges, with a continuous need to raise funds in recent periods, which led to its equity reaching negative values before securing new financing in September 2024. This funding deal helped restore some investor confidence, but the company remains in a high-risk phase.
Polestar's stock has been trading in a downward trend over the medium term, though analysts have noted the formation of a positive technical pattern that helped the stock reach certain targets. Despite this, there has been notable buying activity and improvement in technical indicators. Based on this, the stock is expected to target the strong resistance zone between $2 and $2.15. A temporary profit-taking phase may follow, after which the stock could test the upper bound of its price channel, with the potential to reach levels between $2.60 and $2.80. It might even aim for the key resistance level at $3.10 to $3.20.
The stock should be closely watched at these levels, as they could represent a strong opportunity to close open positions, given the continued selling pressure in the long term. If clear bullish waves emerge in the current movement, this could build confidence in a full trend reversal.
Rapid share price recovery Polestars share price has been on a tear for the past month, rising from under a dollar to $1.60 as l write with the pre market indicating further gains today.
The company has started to produce their cars in S.Korea and the USA so will not be subject to European and US tariffs, with an increasing lineup of new models coming out soon I think the company will be a huge winner in the coming years.
The company has consistently delivered on their promises over the past few years and although still loss making have the security of being owned by Chinese auto giant Geely.
Stunning high quality cars that in my opinion leave Tesla’s dated design way behind.
Difficult to find an entry point as the share price has increased rapidly over the past month so May pull back in the short term.
Cantor Fitzgerald has a $3.00 price target. Long term buy with huge potential.
PSNY - For Shareholders OnlyThe stock is facing financial difficulties. There might be news we are unaware of, but technically, it is attempting to form a positive double-bottom pattern for a rebound. However, due to the company's poor financial situation, we do not recommend this stock.
PSNY, it's happening again... 4h resistance... breakout or ... ?Polestar, let's go, come on, you can do it...
break through this resistance
PSNY - Polestar Automotive UK: $1.00 target!Trading at 92.9% below our estimate of its fair value
Revenue is forecast to grow 37.57% per year
Highly volatile share price over the past 3 months
Negative shareholders equity
Has less than 1 year of cash runway
Currently unprofitable and not forecast to become profitable over the next 3 years
Psny over dollarAt green top sell 30 to 50%. If it passes green I will use chandelier indicator which I have not used yet. I will add it when I have time. This is based on another person's technique. Do not trade this just sharing this with some friends.
$PSNY Looks Promising! STRONG BUY - CFRA UPGRADE TARGET $2.OOOSun is Shining....
I don't know about $2.000, but I know that in one day It had grown a lot.
Polestar 3 SUV just is being delivered.
A High Class E Car!
Swedish, so it can be that BAD!
Let's Go Little High Class Tesla
$PSNY it's not TESLA but...It looks like an good investment.
Cars look good and once the electronic parts are better.
it will Fly.
Its from Sweden, so they wont sleep till they have superior quality!
$PSNY it's not TESLA but...It looks like an good investment.
Cars look good and once the electronic parts are better.
it will Fly.
Its from Sweden, so they wont sleep till they have superior quality!
Riding PSNY to top of channel. Maybe the nightmare for PSNY bag holders is finally over? Thesis is original DTL from 2022 provides the support/ catalyst to run up to top of channel, and who knows, maybe even breakthrough? Stops are below lows, and long entry is 81 cents when a higher high on 15 min TF is breached.
