Considering the movement in the Auto sector and the major revolution going on in the EV industry, it is very likely that this stock can perform well in the next 6 months to 2 years.
1. the "Inverse Head & Shoulders" pattern has a clear breakout on the monthly charts.
2. The volumes are also increasing.
3. Target could be the all-time high price in a period of 6 months to 2 years.
Stop loss - below the current swing low on the monthly chart.
Disclaimer: This is for educational purposes only; kindly consult your financial advisor before investing. -> Not a recommendation
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