FREYR Battery Technical Analysis

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FREY

We are late to go Long.

Major Trend is Horizontal.
There is a possibility to start a bullish trend, but we are waiting for further signal such as the breakout of the 11 USD Resistance.
It might be a long position only based on the fundamental analysis - News Below

The battery maker’s stock soared more than 10% after posted fourth-quarter results. “We expect 2023 to be a truly exciting and transformative year for FREYR and our 24M licensing partners as we move into live battery production,” CEO Tom Jensen said in a statement.