Long
CANOO only to 12 max for now
why?
In the absence of good news (sells or contract)
Management and leadership failure (no sells or any contract) and probably internal dispute due to ego and $$$
No hype, the EV hype is over by Jan as I've argued before
No volume; in addition to small investors are been trapped
If we get lucky, the rebound can go back to 12 max for now.
And yet, I really like CANOO concept... And yet, I learned that I should not be too attached to any stock
Therefore, I assume we entered into capitulation territory in terms of investment psychology.
In the absence of good news (sells or contract)
Management and leadership failure (no sells or any contract) and probably internal dispute due to ego and $$$
No hype, the EV hype is over by Jan as I've argued before
No volume; in addition to small investors are been trapped
If we get lucky, the rebound can go back to 12 max for now.
And yet, I really like CANOO concept... And yet, I learned that I should not be too attached to any stock
Therefore, I assume we entered into capitulation territory in terms of investment psychology.
Note
So now the resistance is at 12
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.