Looking at the GOEV Canoo options chain, i would buy the $5 strike price calls with
2022-9-2 expiration date for about
$0.18 premium.
Looking forward to read your opinion about it.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
GOEV just broke its ascending triangle from below, I expect a big move down filling the gap to 2.37, or even worse, all the way down to 2.05 (fall from the height of the back of the ascending triangle). I can't short on my broker so I'm just out for now, GLTA
We are potentially forming an ascending triangle for GOEV , if it's the case, I expect another run to 5.00 very soon, then a small pull back maybe to the ascending trendline of the triangle, and hopefully a break out of the purple triangle with the back of the triangle as price target around 7.00$ in the near future. GL
Canoo Inc. (NASDAQ: GOEV) is an emerging EV manufacturer aiming to revolutionize the industry by developing advanced multi-purpose platforms and digital ecosystems. GOEV’s vehicles are unique from other EVs as the company designed its vehicles to have maximum interior space on a smaller exterior footprint. After the company secured a deal with Walmart, GOEV stock...
not investment advice .Hi everyone . im just sharing my opinion and i want to learn your so please leave a comment on this ,for me is good for short time ,we will sea in a few days .You can say whatever you like about this at comment .Im telling again "is not investment advice"
Canoo
Consumer Cyclical
Auto Manufacturers
USA
Canoo is a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States.
- High volume in stock
- Crossed 100 and closing in on 200 EMA
- Next earnings date - 15 Aug 2022
HISTORY REPEATS ITSELF
Im approaching this from a purely technical perspective
The good news seems to have caused an overbought scenario
which has resulted in the formation of a clean divergence in price if more hype
neutralises this divergence well good for them but for now its not looking so good
from expirience startup stocks that tank this far are screwed...
As you can see GOEV just broke out of its falling wedge , I see a potential move up to 4.18$ which would be the height of the back of the falling wedge
The previous C&H did not play out and handle broke down. The price has reached to the bottom of the rectangle where it has bounced off 5 times before. Market don't like pre revenue companies currently.
So there is no telling if this support can hold.
Can we bounce from the support? Who knows.
If the support holds, we could see it revisiting upper trend line...
Trendline support, has a sun up 7% a couple of days ago, then a dump. However, the MACD is still on the bullish side, and we should see a bounce if it holds this level.
Hello Price Action Traders! GOEV just made a another retest in this strong support level. What we will be waiting is the appearance of a strong bullish candle before we enter a position (e.g. Engulfing candle, Inside bar candle, etc.)
This will be a nice bounce in the upside after the appearance of a strong bullish candle
P.S. As price action trader I'm not...
Price Action is in an upward trend confirmed w/ Linear Channel.
Price action is above the 200 EMA (LONG)
Healthy Pullback Retracement to a solid support in a buy zone area. I recommend buying on break of the black line which is resistance.
Please provide any feedback
Previous triangle breakout target reached and price has retraced and resting on support around $9.25.
Now it looks like we have a rounding bottom or saucer with the rim around $12.10ish.
Rounding bottoms are typical reversal pattern, when the price breaks above the rim which is $12.10ish the stock can run to $18.
Can it happen? Who knows.
Target 1 - $12
Target 2...
Canoo, Inc. manufactures electric vehicles. It designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses. The company was founded in August 2018 and is headquartered in Torrance, CA.
NASDAQ
