Lots going on with HYLN, the stock bottomed near support in the $15 area, the double bottom is showing a bullish divergence, and it broke the down trend line. Although the RSI has not yet broken 50, it is showing strong early bullish signs.
Lots going on with HYLN, the stock bottomed near support in the $15 area, the double bottom is showing a bullish divergence, and it broke the down trend line. Although the RSI has not yet broken 50, it is showing strong early bullish signs.
With only 2 weeks of trading, we have seen YQ more than double immediately then correct more than 75% of the advance. With the moving averages turning and the RSI crossing 50 today we may be back in the bullish mode.