According to my lines JOBY is attempting a breakout today. The rectangle box is where I bought. Added 25% to my position yesterday at the closing bell. The horizontal grey lines are my targets. But hey, everything can and will change these days in the market.
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so far so good, will update when needed in my opinion, could possibly be a long term hold this stock
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Added some resistance lines. Always be careful, price could revisit the thick blue line.
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After almost two weeks of hitting the first orange resistance line, JOBY broke it yesterday. Price went a bit bonkers and shot straight to the second resistance line as I had drawn in my previous update.
Now the first orange resistance line should act as support. First orange resitance line now has become support line. If it breaks to the downside and stays below, please take care!
For those paying attention to the support and resistance line drawn on the RSI, price bounced off the support line on dec 12th as well as the resistance line that was allready broken on dec 1st.