The Fidelity Electric Vehicle and Future Transportation ETF is probably an ETF that would interest many members.
It was started at the end of 2021, so still a very fresh ETF and we can see clearly that a potential Cup and Handle formation is forming here.
EV's are at a tentative stage right now, they have been beaten up and are due a turn around over the next few weeks, so the impulse wave can still be saved here......if $TSLA loses its support and comes down to its 200 Day MA at $208, then this will likely come down to follow the red B wave and come as low as $14.66.
Bull case is triggered above $21.36.