Hello Friends! VRM has been on a downtrend for a while. Now it’s oversold on the daily, weekly, and monthly. It’s been consolidating in the $7 to $8 zone. A move past $8.18 with volume might setup a nice move to $9.77 and then $11.64. Be careful with this trade, especially when their earnings is around the corner (Feb. 28). As always thanks for your follows,...
Vroom, Inc. operates an e-commerce platform for buying and selling of new and used cars in the United States. It also offers financing solutions. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York
VRM: You wanna see a close above 29.60 for confirmation that price will push back up to 36+
In a surging crypto market, some assets will always perform better than others. Projects with a strong chance of gaining user adoption and lasting in the long-term offer give the best chances of healthy returns. There are many projects, in fact, catering to different requirements and varying in terms of safety and security, convenience, accessibility, and so on....
NASDAQ:VRM Possible Scenario: LONG Evidence: Price Action TP1: 46$ TP2: 49$ Call options, Strike 50$, 06/18/21 * This is my idea and could be wrong 100%.
This week was really historical, isn’t it? Milestone for cryptocurrencies - traditional financial instruments, stock shares, mixed with a new area - crypto . Coinbase, the big U.S. cryptocurrency exchange, started trading shares on Nasdaq this Wednesday. The valuation of Coinbase is between $50 billion and $100 billion - larger than major stock exchanges such as...
Bitcoin has grown more than 100% since the beginning of 2021 (at the time of writing). Recently the price hit a new high of over $60,000. The question is, what does the future hold for BTC? Bitcoin has a market cap of $1,103,674,128,271, and the circulating supply is currently at 18,670,806 BTC out of the maximum supply of 21 million. $64,470,007,038 worth of BTC...
Vroom is a e-commerce platform for buying, selling and trading-in used cars online. Earnings date on earnings whisper says Feb 17th , while tradingview says Feb 11. 1200 March $45 calls were bought Feb 5th at $6.7. The Feb put call ratio is .20 , short interest is 6.9% . Finviz.com has a $55 price target. I think we get a higher low on daily, then back up next week.
I can predict 2 possible moves in VRM, lets see
#CAR #CVNA Possible breakout triangle with bullish divergences forming, 4hrs momentum squeeze release that can lead to multi weeks bull run. See chart. Used car online retailers sales have greatly increased during the 2020. This may run up until earnings scheduled for 12th November. They also rolled their international platform for other...
This is not a recommendation and is practice for me. Looks like a downward wedge has formed in the past month. Price is trading within the wedge formation. I anticipate a breakout of this trend by next week and see a price target of $54-$56. Uptrend going into earnings should start at least 1 month out from 11/12. Like this and comment if you agree or see anything...
$VRM Possible C&H Developing Monitor for a strong move through $51.75 resistance Near term target: $57.50-$60.00 range Note: Not investment advice.