GOEV -Canoo reverses while TSLA slumps into earnings LONG

AwesomeAvani Updated   
BATS:GOEV   Canoo Inc.
GOEV was in the $ 4.50 to $5.50 range 1-2 months ago and on the 60 minute chart appears to

be in a round bottom or doble bottom reversal concurrently with TSLA continuing to fall on

the expectation of an earnings miss. GOEV's last earnings was a beat. It burned about half the

cash that the analysts forecasted. The relative trend index indicator suggests a trend up is

developing. A red flag is that volume is at or below the running mean. My plan is to watch

GOEV for a rise in trading volumes before entertaining a long trade here. The Price Volume

product Trend is helpful in that regard. While it currently has a positive slope it is minimal.

I will watch for something a bit steeper. I am expecting the Price Momentum Oscillator will

soon cross the horizontal zero and provide another entry signal.
Trade active:
GOEV has a good week. Full position over the weekend.

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