Hi everyone.
On 28/12/2022, our system had provided a few picks and the results are as below:
FSR – (Sell) – Profit
Major US stock indices consolidated early losses from morning trade and closed sharply lower on Wednesday, extending yesterday’s retreat as investors worried about the impact of China’s reopening on global growth ahead of 2023. The Dow Jones lost 370 points and the S&P 500 dropped 1.2%, while Nasdaq slipped 1.4% as inflation worries continued to lift Treasury yields and hurt rate-sensitive tech companies.
Let’s review our stock picks on Wednesday.
Call for sell for FSR which resulted in a profit. Our system entered the market at $6.74 and made a call to profit at $6.70.
Fisker Inc. develops, manufactures, markets, leases, or sale of electric vehicles. The company is also involved in asset-light automotive business. It operates through The White Space, The Value Segment, and The Conservative Premium segments. In addition, the company offers fisker flexible platform agnostic design ,a process that develops and designs electric vehicles in specific segment size.
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