IboProtrader

Shift Technologies on the verge of a bullish breakout

Long
NASDAQ:SFT   None
Shift Technologies $SFT is similar to $CVNA and $VRM, but it has greater potential as of course somewhat more risk since it is the smallest of all. With the massive run of $CVNA and great potential of $VRM and $SFT it is expected the hot used car market boosts the sales of both companies and makes up for the stock pricing lag. Today, the QE2 will determine whether the outstanding resistance around 9.30 for $SFT can be broken or not; if so, it will open the door for higher prices in the coming days and weeks. $SFT has some really great growth potential when checking the stats. DYODD, not trading advice!

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