Mulai
SpinTrades

Oversold, possible reversal and reentry of broadening formation

Pembelian
Vroom, Inc. (NASDAQ:VRM)  
SpinTrades Diupdate   
NASDAQ:VRM   Vroom, Inc.
Chart Patterns Fibonacci Support and Resistance IPO vehicle vehicles transportation reversal
1
0
chartpattern fibonacci supportandresistance ipo vehicle vehicles transportation reversal
Vroom fell back on market weakness but is very oversold on the SlowStoch. Fib levels provided which have acted as support throughout its short trading history. While the fib marker in purple may provide strong entry, seeing this re-enter and base in the broadening formation would confirm h higher highs (or at least higher lows) are in store.
Trading ditutup: stop tercapai:
No position, if you had entered this trade entry would have gotten you as high as 54.44 after entry at 52.67, but it was not able to close within the channel and was rejected. Subsequently it broke through the entry and stop loss fib and looks headed to retest the one below at 44.91. May be a worthwhile short at this point.
Komentar:
The short idea played out and then made a major reversal and gap up on a price upgrade. Nice move. We will see if it can reclaim the broadening formation and revisit.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.