1
EVGO stock price has escaped from the consolidation phase at the demand zone.
2
EVGO shares are trying to remain above 20 and 50-EMA to surge above 100 and 200-days daily moving averages.
3
Evgo Inc. (NASDAQ: EVGO) stock has gained around 10.98% in a week.
EVGO stock price is currently facing sustainability issues after its breakout from the consolidation phase and is trying to sustain at upper threshold. EVGO shares need to revert from the upper trendline of the consolidation phase in order to recover over the daily time frame chart. However, sellers may approach to pull EVGO back inside the horizontal range-bound area.
EVgo, a prominent network of DC fast charging stations for electric vehicles in the United States, boasts over 850 charging points as of August 2022. These charging stations are strategically situated across 34 states and offer compatibility with all leading automobile manufacturers.
EVGO stock price was at $4.75 an
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