Thread by @malteseinvest

Analysis: #NASDAQ $SOLO

Case 367 #Electrameccanica Vehicles Corp.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#SOLO 1/4

Chart 1
Weekly Chart: Last month witnessed the close above 2 year #trendline resistance and the reclaiming of the #SMA 50. A close above the #Fib. 0.328 at 6.66 targets 10.00/49 and a close above the latter for 12.77. The major #resistance .....

SOLO 2/4

..... zone is 14.28 - 15.12 is not very formidable but expect an initial failure - the long term objective is 20.07/10.

SOLO 3/4

Chart 2
Daily Chart: The main SMAs are supporting the up move and positive #momentum is starting to build.

The #Strategy is printed on the image.

$SOLO 4/4