Top premarket gainer may distribute moreprofit taking and short entries have driven this top premarket gainer off of its highs. ai cluster and overlapping market structure suggest this discount level can lead to another distributive long eave
CYN trade ideas
$CYNCyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company is developing Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and aggregating/analyzing data; and Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to enhance algorithms and models, and provides a simulation framework to ensure that data collected in the field can be applied to validating new releases. Cyngn Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
CYN BULISH SETUP ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖
IMPORTANT INFORMATION:📌
- ORDER FLOW :
* LSB: breaker retest
* PROJECTED TP :
* PROJECTED SL:
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Breakout in Cyngn Inc...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Target 1 achieved in Cyngn Inc. Gain of 115% Target 2 is ON.This is follow-up on Cyngn Inc. Can check link to related ideas.
Target 1 achieved. Gain of more than 115%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Trend channel mode! cyn stuck in this tight trend channel, look for a break past top trendline resistance. once we have breakout confirmation and 6.3 breaks, price target is 7.4-8 short term.
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