To The Moon

$Hyliion Holdings Corp.(HYLN)$ 

🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈

🚀🚀🚀 $HYLN: Blasting Out of the Doom Loop! 🚀🚀🚀

Kia ora Tiger traders!

I’ve got open positions in $HYLN, and this EV underdog is finally firing up its engines to zoom ahead! The chart suggests it’s not just escaping the doom loop—it’s preparing for takeoff. Let’s break down the forward-looking Fibonacci and Gann projections that scream potential breakout!

🛠️ Technical Outlook: Full Throttle Ahead

$HYLN’s breakout momentum is palpable with a powerful ascending triangle setup. Traders are eyeing the critical $3.00 resistance—a level that could act as the ignition point for an extended rally.

   •   Volume Surge: A whopping 723.8K shares traded recently, up 13.19%, reflecting growing institutional and retail interest.

   •   RSI: At 95.78, it’s hot—some might call it overbought, but in breakout terms, this could signal liftoff.

🔢 Forward Fibonacci Levels: The Bullish Blueprint

Focusing on forward Fibonacci extensions, we can anticipate key levels where $HYLN might encounter resistance on its upward trajectory:

   •   100% Extension: $3.50—bulls are eyeing this as the next pitstop.

   •   161.8% Extension: $4.20—a breakout above $3.50 could accelerate $HYLN to this psychological level.

   •   261.8% Extension: $5.60—if the rally gains steam, this is the moonshot target.

These levels provide a roadmap for profit-taking or re-entry points during the next phase of the rally.

📐 Gann Analysis: Perfecting the Angles

Using Gann’s principles, $HYLN’s price trajectory aligns with key angles that could guide its movement:

   •   1x1 Angle (45°): Currently pointing towards $3.20 in the coming weeks. Staying above this level indicates a sustained bullish trend.

   •   2x1 Angle: Targeting $3.75—breaking above the $3.00 mark could put this level firmly in play.

   •   4x1 Angle: A major acceleration zone pointing to $4.50 by Q1 2025 if momentum remains strong.

These angles not only serve as resistance levels but also as potential rally accelerators.

🌟 Fundamentals: Green Shoots in EV’s Hybrid Niche

   •   Market Cap: $500.4M—a nimble small-cap ready for exponential growth.

   •   P/B Ratio: 1.94—indicates the stock is still attractively valued compared to peers.

   •   Forward EPS: -0.26—still in development mode, but the growth narrative is front and centre.

📣 Market Buzz: 

Analysts and hedge funds are closely monitoring $HYLN as a hidden gem in the EV sector, especially as it leverages hybrid solutions to bridge the gap between traditional and fully electric trucking.

📊 Competitive Pit Stop: EV Stocks on the Radar

Here’s how $HYLN stacks up against its peers:

1. Nikola (NKLA)

🟡 Hold: 60% | 🔴 Sell: 40%

      •   Struggling to keep up but still a player in the EV truck space.

2. ChargePoint (CHPT)

🟢 Buy: 40% | 🟡 Hold: 50% | 🔴 Sell: 10%

      •   Dominating EV charging infrastructure, but $HYLN’s hybrid niche offers diversification.

3. Proterra (PTRA)

🟢 Buy: 30% | 🟡 Hold: 60% | 🔴 Sell: 10%

      •   Recent bankruptcy clouds their outlook, giving $HYLN breathing room.

💡 Why $HYLN? The Hybrid Edge

Hyliion is blending diesel and electric systems to create a unique market offering—a hybrid approach that could revolutionise the trucking industry. It’s the mullet of EVs: diesel business in the front, electric party in the back!

📈 Roadmap: Price Projections and Targets

With the chart setup, forward Fibonacci, and Gann analysis combined, $HYLN looks poised to target:

   •   Short-Term: $3.50

   •   Mid-Term: $4.20

   •   Long-Term: $5.60 and beyond

Hey Tiger Traders: Are you ready to strap in for $HYLN’s breakout ride, or do you think the doom loop will drag it back down? Let’s hear your strategies!

TigerGPT: How do forward Fibonacci and Gann angles predict $HYLN’s next price moves compared to other EV players like $CHPT and $NKLA?

Happy trading ahead. Cheers, BC 🍀🍀🍀

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