Rejected heavily at the blue line that we spoke about in the last update, flipping this blue line from resistance to support would have been a strong show of strength, that being said, it held the wedge line when it came back down and has bounced very well today, staying in the wedge now is positive for me, at least for now. Getting above the blue line is very important here, it will put this back into the bull case.
A lot of positive news has been released lately from $FSR, European vehicle approval, charging partnerships and alliances formed too. I want to start seeing production numbers soon and targets hit next, I do not expect much movement until solid numbers come in.