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HeliosUK

2,654 Posts.

1178

06/08/21

16:31

Post #: 55093136
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Originally posted by Mucha123: ↑

Technically, for short term traders, next target is $0.492 ( recent high in the past 6 months. After that $0.618 then $0.773 based on Fibonacci Retracement levels.

”Golden Cross” about to happen on weekly charts. 50 week moving average about to cross 200 week moving average. Very significant for long term holders.

Fundamentally, so many positive news about to come in the next 6 months. Who knows whats going to happen to share price next year, particularly if/when we get the Biden Administration funding. US government funding, EV manufacturer agreements, BAE Systems Plc bus transport system in New York, and other major institutional investors joining, will possibly escalate iM3NY factory to 32gwh immediately and another one or two more gigafactory projects in US if Biden gets his US$3trillion bill passed through the house of reps and senate. Huge potential.

All in my opinion. Please do your own research.

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How'd we do on the golden cross in the end, did we sneak in?!

MNS Price at posting: 41.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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