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Strategies & Market Trends : Charts for Breakout II

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To: Cogito Ergo Sum who wrote (7960)	6/3/2021 8:09:43 PM
From: Julius Wong	of 8531

Electric vehicle sector jolted by Reddit-fueled interest in highly-shorted stocks Jun. 03, 2021 9:44 AM ETFUV, GOEV... By: Clark Schultz, SA News Editor 42 Comments Select electric vehicle stocks are revving higher again as a risk-on trade wraps around the sector. EV stocks with a high level of short interest are gathering the most attention, with Workhorse Group ( WKHS +33.0%), Lordstown Motors ( RIDE +3.7%), Nikola ( NKLA -1.1%) and Canoo ( GOEV -2.4%) all moving up and down in early trading. For the second day in a row, Tesla ( TSLA -1.9%) is near the bottom of the EV movers list. A minor recall of 734 Model 3 cars produced in 2019 for China is the biggest development of the day so far. Keep an eye on Blink Charging ( BLNK -3.4%), QuantumScape ( QS -3.0%) and Arcimoto ( FUV +2.9%) as all three stocks are on the list of names with the highest percentage of short interest.

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