IF it's bullish, here are your upper price targets. Sharp trends leading down into a STRONG area of support. All of which is timing out into earnings. I would say, if the stock is in the buy zone pre earnings, it's probably a pretty solid buy where a chance of a successful trade suddenly shifts heavily in your favor. I tried to label everything best I could on...
The most important thing on the chart is the steep rejection trend that is also trending upwards. It is leading into another rejection trend, which should see some resistance, but with a potential move along the steep trend into the rejection and finally into a breakout, we could see the price around 118. There is potential to keep climbing from this point, and...
If you haven`t bought VRM here: Now VRM, Vroom, with its recent gap at the $4.50 - $5.10 level, presents an intriguing opportunity for investors. Historical data indicates that gaps tend to fill 80% of the time, making this gap a potential target for short-term traders and investors. The gap acts as a magnet, drawing attention to that price area. As bullish...
The chart predicts vroom has a further downside. Mostly a steep 20-30% donfall in 2-3 days. The EMA is causing a lot of resistance. Wait for the entry. This is not the bottom.
Carvana is going down another 60% down. Short it it till 1.5 - 1 usd till it levels. Then only long..
Looking at the VRM Vroom options chain, i would buy the $1 strike price Calls with 2022-11-18 expiration date for about $0.10 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
It has reached my target about $10. I am buying it. Looks oversold. I would wait until FEB for it to bounce and then sell again, hopefully for a double bottom. Peace !!!
NIO flagged as an alert for me, so I wanted to get this chart out as a possible trade setup. It's looking like right under $9 would be a decent buy. I really like the possible movement between $9 to $14. Obviously this move isn't likely to occur overnight so expect resistance on the way up. Also, we need to be aware of the downside which is a price gap. Stop...
VRM earnings after the bell! Looking at the VRM Vroom Inc. options chain, i would buy the $3 strike price calls with 2022-9-16 expiration date for about $0.43 premium. My ultima price target is for VRM to fill the gap at $4.5 - $5.13! I`m extremely bullish on Vroom. Looking forward to read your opinion about it.
This is a stock and company that might pull off a reversal. Analyst price target; 3.43 (100.58%)
Vroom, Inc. (VRM) is getting closer and closer to a short squeeze in my opinion. The gap to fill is $4.58 - $5.15, you know that they usually do! This is also my price target for VRM this year, $4.60. Looking forward to read your opinion about it.
Vroom operates as an e-commerce used automotive retailer in the United States. The stock is down 98.17% from all time high, so if you bought at the top for 100K, you now had less than 2K. And when you think cryptos are volatile! But there are some good news coming: 5/10/2022 Wedbush Reiterated the Rating for VRM to Outperform, while Robert W. Baird put a price...
If you haven`t bought the dip when you saw the calls in the options chain: Then you should know that VRM Exceeded Q1 Guidance Across All Key Financial Metrics! 19,473 ecommerce units sold, +26% vs 2021 Ecommerce revenue of $675.4 million,+60% vs 2021 Ecommerce gross profit of $34.3 million, +8% vs 2021 quarterly loss of $0.71 per share vs a loss of $1.03...
After a block o 35K calls on April 21, today VRM has another 20.5K calls expiring on the same date, May 20, same strike price, $2.5. They paid a premium of over $200K for the calls. The chart is full of bullish divergences and the stock is undervalued. I think the earnings (in 4 days) will deliver a surprise and the stock will bounce to $3! The stock is now...
I haven`t seen a chart pattern more bullish than this: Falling Wedge combined with Rising Volume, Bullish Divergence and Strong Analyst Raring. I think we might see a spike to the $5.95 resistance this month! Looking forward to read your opinion about it.
Have you seen so many bullish divergencies on a daily chart before? Neither do i! A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low, demonstrating that bears are losing power, and that bulls are ready to control the market again. A bullish divergence marks the end of a downtrend typically. What should we...
What should we expect from the earnings? - revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY! - a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive...
Yesterday i was amazed to see a block of 35K calls worth of $525K on VRM expiring May 20. And i will explain to you why they might be extremely profitable! Since its highs, VRM lost 97.76% of its value and it`s not a crypto, by the way, it`s a company that makes billions of dollars. The calls are related to the first Quarter earnings on May 9, so they expire 11...