Feb. 28 at 3:52 PM
$PSNY — Polestar Automotive ⚡🚗
20% single day. Descending wedge broken. This isn’t noise.
The chart and the fundamentals are finally telling the same story.
📊 RSI 66 — room to run
📊 MFI 83 — smart money flowing in HARD
📊 OBV confirming — accumulation is real
📊 ADX 16 and rising — trend just getting started
📊 Wedge measured move: 67% upside toward
$38–
$40
The fundamental case:
✅ Record 60,119 cars sold in 2025 — up 34% YoY
✅ Largest model offensive in company history — 4 new models by 2028
✅
$700M+ fresh capital secured — runway to execute
✅ 30% retail network expansion planned for 2026
✅ Polestar 5 deliveries start summer 2026
This is a high-risk, high-reward EV turnaround. Cash burn and dilution are real — size accordingly.
Key levels:
🟢 Hold above
$22.33 — bulls stay in control
🎯 Targets:
$24.40 →
$29.00 →
$38–
$40
🔴 Lose
$20.00 on a close — momentum stalls
Not financial advice. DYOR. Position sizing always first. 🎯
#PSNY #Polestar #EV #TechnicalAnalysis #Breakout #ElectricVehicles
