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umaidsiddiqui786
Jul 26, 2021 3:20 AM

Price reaching demand zone for VRM Long

Vroom, Inc.NASDAQ

Description

Although earnings is right around the corner, price is getting ready to enter demand zone, could be an ample opportunity to long. Although, I strongly recommend waiting until after earnings to enter the trade. Demand where the buyers are at, supply where the sellers are. I plan to long few options positions.
Comments
umaidsiddiqui786
.
SatoshiXXX
what about stop loss?
umaidsiddiqui786
@SatoshiXXX, bearish below the green zone, risk management at your own risk, this did not play out well, the original premise failed, need to see how Vrm does in the future.
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