Possible bullish wedge break, confluence with bullish divergence. Smart money flow index changing positive as of 6/17. TP1- $0.87 TP2 - $1.60 TP3 - $3.53 SL - $0.43
Lotz is finishing up a 5 wave ending diagonal with bullish divergence. Selling pressure has subsided and short interest is very low. Share price should be about $1.60 if it was reflected by company's cash on hand. As we can see that is where a very active price block is ($1.60-$2) which I believe we will be retesting by EOY. Chip shortage has greatly improved and...
These are levels that I'll be keeping an eye on when dealing with CarLotz, and I'll revise as price action progresses. I adapt to the change in money flow.