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Huishan
2021-05-25

[Surprised]

Lordstown Motors Shares Slam Into Resistance

Shares of Lordstown Motors Corp. (NASDAQ: RIDE) look weak. They failed to get through the resistance at $11 and have been trending lower since.

Lordstown Motors Shares Slam Into Resistance

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(NASDAQ: RIDE) look weak. They failed to get through the resistance at $11 and have been trending lower since.","content":"<html><body><p>Shares of <strong>Lordstown Motors Corp</strong>. (NASDAQ:RIDE) look weak. They failed to get through the resistance at $11 and have been trending lower since.</p>\n<p>The charts of <strong>Tesla, Inc.</strong> (NASDAQ:TSLA) and <strong>NIO Inc.</strong> (NYSE:NIO) look similar. Companies in the same industry frequently have similar appearances on a chart and that’s the case here.</p>\n<p>But there’s a crucial difference. Tesla and Nio broke their respective resistance levels while Lodstown Motors did not. This may indicate future weakness for Lordstown.</p>\n<p><em>See Also: Lordstown Motors Shares Fall On Lowered Unit Guidance, Need For Capital</em></p>\n<p>Lordstown Motors on Monday afternoon reported an earnings loss of 72 cents per share, which was lower than the loss of 16 cents it reported in the same quarter last year.</p>\n<p>The company also announced its goal of beginning production in September 2021 remains on track, however, it noted the Lordstown Endurance production in 2021 will be limited to 50% of the company's prior expectations at best.</p>\n<p><img src=\"https://www.benzinga.com/files/u344550/ride_1.png\"/></p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lordstown Motors Shares Slam Into Resistance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLordstown Motors Shares Slam Into Resistance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-25 21:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Shares of <strong>Lordstown Motors Corp</strong>. (NASDAQ:RIDE) look weak. They failed to get through the resistance at $11 and have been trending lower since.</p>\n<p>The charts of <strong>Tesla, Inc.</strong> (NASDAQ:TSLA) and <strong>NIO Inc.</strong> (NYSE:NIO) look similar. Companies in the same industry frequently have similar appearances on a chart and that’s the case here.</p>\n<p>But there’s a crucial difference. Tesla and Nio broke their respective resistance levels while Lodstown Motors did not. This may indicate future weakness for Lordstown.</p>\n<p><em>See Also: Lordstown Motors Shares Fall On Lowered Unit Guidance, Need For Capital</em></p>\n<p>Lordstown Motors on Monday afternoon reported an earnings loss of 72 cents per share, which was lower than the loss of 16 cents it reported in the same quarter last year.</p>\n<p>The company also announced its goal of beginning production in September 2021 remains on track, however, it noted the Lordstown Endurance production in 2021 will be limited to 50% of the company's prior expectations at best.</p>\n<p><img src=\"https://www.benzinga.com/files/u344550/ride_1.png\"/></p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/earnings/21/05/21275932/lordstown-motors-shares-slam-into-resistance","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138160489","content_text":"Shares of Lordstown Motors Corp. (NASDAQ:RIDE) look weak. They failed to get through the resistance at $11 and have been trending lower since.\nThe charts of Tesla, Inc. (NASDAQ:TSLA) and NIO Inc. (NYSE:NIO) look similar. Companies in the same industry frequently have similar appearances on a chart and that’s the case here.\nBut there’s a crucial difference. Tesla and Nio broke their respective resistance levels while Lodstown Motors did not. This may indicate future weakness for Lordstown.\nSee Also: Lordstown Motors Shares Fall On Lowered Unit Guidance, Need For Capital\nLordstown Motors on Monday afternoon reported an earnings loss of 72 cents per share, which was lower than the loss of 16 cents it reported in the same quarter last year.\nThe company also announced its goal of beginning production in September 2021 remains on track, however, it noted the Lordstown Endurance production in 2021 will be limited to 50% of the company's prior expectations at best.","news_type":1},"isVote":1,"tweetType":1,"viewCount":543,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":11,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}