$LEV Long - This Lion is going to roar backLion electric has just broke it's downtrend and could continue to rise due to electric vehicle buzz around such stocks. Technically it looks good here, crossing 21d EMA and 50D MA. MACD has improved and RSI is indicating uptrend.
Lionelectric
"NGA" merging with Lion Electric. huge growth potential!NYSE:NGA This SPAC will soon merge with lion electric. Lion Electric is the only manufacturer that makes e-schoolbuses and is providing them to schools right now. with the new Biden plan(500k e-schoolbuses) Lion electric will definitely be a huge winner, since the demand for e-schoolbuses will be huge in 2021 and in the following years. they also make other commercial evs such as trucks. they recently had a deal with AMAZON and have orders coming from many clients in canada and north america. After the merger the ticker symbol will change to LEV and now in terms of technicals its a great time to buy.(fib level)(strong support)(consistent uptrend).
CAN'T SPELL GAINS WITHOUT NGAWho amongst us likes the color red? If you're color blind don't answer. I know I don't, so I READ into NGA's chart a little more. This thing is so solid the words liquid and gas literally are not in its vocabulary. And I know what you're thinking, oh wow another EV company, NKLA did so well. Well let me put those fears to rest much like Nikola Tesla himself was put to rest many years ago.
It's ELECTRIC.
Don't be SHOCKED to see $20 soon.
I literally reCOIL at anyone who doubts its potential energy.
tl;dr buy buy buy (no backstreet boys)
