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Tiger_Style

Root Insurtech has an interesting proposition

Long
Root, Inc. (NASDAQ:ROOT)  
Tiger_Style Updated   
NASDAQ:ROOT   Root, Inc.
Trend Analysis
1
0
trendanalysis
But so far has failed to gain momentum.... Still, I am starting to slowly accumulate this beaten down name... Its still in the downward channel, but it could be showing some signs of life again. If it can start to move into and stay in the upward channel I'll take a larger position. The fundamental side is interesting in that they offer insurance to a new younger type of client and are challenging norms in InsurTech.
Comment:
Lower volumes and a meandering price, still has not formed a bottom, and I entered this trade just a bit early. I am glad I was patient and didnt buy when it was around $22, that would have been a lot of downside to endure. I have a small position which I would like to add to as this rounds up and starts to gain some momentum. Until then I'll keep an eye on it.
Comment:
yuck city. Just ugghhh
snapshot
Comment:
perhaps $4 might be a better entry for a longer term hold.
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