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DP559
Feb 13, 2021 8:58 PM

$GOEV TREND REVERSAL? 4hr chart Long

Canoo Inc.NASDAQ

Description

Whats up guys,

Lets take a look at GOEV.

-As you can see, price is trending up.

-Price action looks like its consolidating in the $16 area of support.

-Price needs to get back above the 9d and 21 day moving avg.

-The OBV looks slightly bearish as you can see its moving to the downside, however
the MACD looks like it ticking up and RSI is about neutral.

. Break out of the pennant around $19 can possibly see price visiting the targets above.

Let me know what you think in the comments!

Cheers!

-DP
Comments
Chartguru1
Apple news could send this one higher...chart looks great. Kudos. Their Skateboard technology is the great x factor
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