Long
Correlation study of EV makers!
When I compare the EV maker stocks, I noticed 2 companies have different behavior in comparison to others and interestingly the have positive correlation to each other while having negative correlation with other EV makers!
These two companies are Fisker (FSR) and Canoo (GOEV). While most EV makers experienced more than 30% price correction in the last 3 weeks, FSR (28.50) is almost 90% above the last 3 weeks close(15.40)!
The important point is everything happens 2-4 weeks sooner in FSR in comparison to Canoo (GOEV). 2-4 wks delayed time cycle!
We should wait and see if such a move is going to happen in GOEV as well, or it is going to follow the EV makers group!
These two companies are Fisker (FSR) and Canoo (GOEV). While most EV makers experienced more than 30% price correction in the last 3 weeks, FSR (28.50) is almost 90% above the last 3 weeks close(15.40)!
The important point is everything happens 2-4 weeks sooner in FSR in comparison to Canoo (GOEV). 2-4 wks delayed time cycle!
We should wait and see if such a move is going to happen in GOEV as well, or it is going to follow the EV makers group!
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.