This stock is in a strong uptrend, indicating a short term appreciation. However, it can also be a good opportunity for the long term, as it is a new asset and a promising company.
Looking at the RSI and the trend in channel;
I projected the support and resistance to get and idea of the TP.
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Este stock está em um forte tendência de alta, indicando...
MTTR:
I see a potential bull flag, and a symmetrical triangle within the bull flag which allows for a good entry to whichever direction it decides to break. If the sym. triangle breaks higher, target the 1:1 fib extension at 17.69, if it breaks lower, target bottom of channel at $13.30, either way you can book profit from the wide swings.
Today Matterport previously GHVI changed its ticker to MTTR and had a decent open with about 1.5 million volume up until it was debuted on CNBC by the anchor Josh Brown. Then we saw a huge pump up from that area and about 3-4 million volume traded after he said he wants to buy after earnings happen. He is bullish on Matterport but also wanted to wait for earnings...
