- Adding to watchlist for Tuesday morning. - Just past earnings, which seemed good, but investors reacted to a change coming to CEO. - Seems like it wants to test that volume shelf on the Daily as well. - Oversold on RSI. I red opening down to the volume shelf on Tuesday, and then a bounce to green would be a nice entry. Bet it recovers that large red candle...
This guy head faked us a couple weeks back. All good, been looking for a re-entry. Earnings coming soon. Anything above $6.90 and could this finally breakout to the upside? Watching tomorrow.
Rationale Volume Shelf, Large demand in the 7 zone Coil pattern Buyout rumors Other similar lidar companies like LAZR are in an upward trajectory Peculiar -Options contracts go up to $19 for Feb, but not for March Options value & flow is above average Secondary offering back in December Thanks to the market wide pullback on friday. This $MVIS play I played...
This hadn't popped up on my scans, but it is: 1: Sitting on 20ma after decent pullback 2: Sitting on volume shelf 3: Just added by ARKK after hours. This could fly tomorrow. Might be worth staying up late (1:30am my time) to try to get s good position. I don't think this will be a R3G type of start out the gate. I see a Gap & Go possibility.