I believe this could be a Premium idea, but let's wait and see how it unfolds: In March, INVZ saw some unusual out-of-the-money calls valued at over $1 million with a $2.5 strike price, expiring on April 19th. Upon reviewing the chart, it resembles a double bottom pattern, suggesting a potential price target of $2.85 if a reversal occurs. Recently, OUST, a...
Analyzing the options chain and the chart patterns of INVZ Innoviz Technologies prior to the earnings report this week, I would consider purchasing the $3.50 strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $0.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Hey Traders, We've taken a look at NASDAQ:INVZ today. The absolute classic set up here on NASDAQ:INVZ , the stock is changing direction after a very long downtrend. The stock broke a bearish trendline and our thought is that we will see the stock come down a little bit to check again the trendline and that will give us an entry point. Target if we see a...
invz seems like its in this longterm downtrend channel, most likely sees a small drop down to 2-2.37 before a potential rally back to trend resistance and higher. like and follow for more! 💘