Hello! Friends, -This would be a great Buy Opportunity, IF NASDAQ:SFT breaks up the Daily Resistance line at $7.97 (with a WHOLE DAILY Candle) !!
SFT has bullish divergence on BlueWave. SFT is oversold on the stochastic RSI SFT is also resting on the support line. The market is very volatile right now, I would watch this stock on the side lines
This is a perfect time for a company like Shift to thrive. Yes, price action looks like shit BUT this is a growth long term play. Must have on your watchlist if you are not a buyer yet
here is SHIFT TECHNOLOGIES INC 1 day chart. so, keep in mind this is a 750 Million market cap stock (less than 1 Billion), and, as tradingview panel says, it has 3 employees. going over it, analyzing the chart, this one looks kinda good. we have a golden cross, as MA 20 is crossing upwards MA 50, and the price is above it, but yet we have the newly formed MA...
the trend is selling, the volume is rising, so it is confirming the trend, plus we had a "pull up". I do not consider SFT a good stock now, based on the chart. I used the weekly chart since the daily was more confusing, as u can see here anyway, I did not look into the fundamentals.