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$Faraday Future Intelligent Electric Inc.(FFIE)$
Price played out nicely as analyzed last week, giving us a -10.14% move to the downside. From here, no changes to my expectations, I'm expecting a continuation to the downside following the bearish order flow. With most of the bearish impulse showing high volume, I'd expect the recent highs to hold.
Price did not play out as analyzed last week. However, my original expectations still holds. Price could potentially be making a bullish retracement into the bearish order block at 27.11 before making its way to take out the equal lows at 23.31 as the target.
Price consolidated since my last analysis. No changes to my original expectations, I'm expecting a bearish retracement to fill the fair value gap at $126.71 next, given the over-extended bullish price action recently.
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