Analyzing the options chain and the chart patterns of JOBY Aviation prior to the earnings report this week,
I would consider purchasing the 7usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $0.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Joby Aviation ( NYSE:JOBY ), a pioneering air-taxi company based in California, has unveiled plans to launch regular air-taxi services in Dubai by 2026. This ambitious endeavor marks a significant leap forward in the evolution of urban mobility, positioning the United Arab Emirates (UAE) at the forefront of cutting-edge transportation technology.
The agreement...
According to my lines JOBY is attempting a breakout today. The rectangle box is where I bought. Added 25% to my position yesterday at the closing bell. The horizontal grey lines are my targets. But hey, everything can and will change these days in the market.
JOBY has broke below monthly level, but seem to have found support around 6/6.25 daily level. Will look for JOBY to possibly make run and push above upper resistance prior to Earnings in 13 days.
If daily support at 6 fails, will likely take stop loss.
Need 48 EMA to hold support and would like to see volume pick up to push away from $7.60
Bull Flag channel trend lines remain intact.
Trend reversal confirm if push above $8.66 and use 48 EMA as stop loss ($7.80)
13 EMA failed to support. EMAs (13,48) are starting to curl. Based on Fibs, will watch $7.60 for support, along with 48 EMA providing support. Still not seeing the desired volume for the 48 EMA to hold.
There is a Mini Bull Flag forming inside a of a bigger Bull Flag forming which both trend lines remain intact.
13 EMA failed to support. EMAs (13,48) are starting to curl. $8.66 failed support. Based on Fibs, will watch $7.60/$6.54 for support, along with 48 EMA providing support.
There is a nice Bull Flag forming as well and if trend line breaks to upside on good volume, we could possibly see a strong move back up.
Rejection 3x days in a row at $11.29. Expect retracement to $8.19 before push back to test $11.29. If $11.29 breaks could see SWB:16S
Volume and Moving Averages are all positive
One of the most promising aviation companies out there intends to drastically commercialize air taxis. As things stand, Joby Aviation, Inc. (NYSE: JOBY) is set to start commercial passenger operations in 2025, which is significant since its JAS 4-1 eVTOL air taxi could become the first FAA-approved electric vertical takeoff and landing (eVTOL) aircraft for...
Some stocks, I've never heard of before, but I come across people talking about them on Twitter, so I decide to take a look at them and keep an open mind.
That is the case with JOBY, and I know nothing about this company, nor about its financials... nor do I care about that.
So long as the markets are being maintained by institutions and haven't been hot...
I think this is a great company and may be a good stonk for buy and hold.
Check it out, JOBY.
Potential a bottom has been found recently. I am happy to see a strong rebound, in the case major indexes suffer more downside in the near term, this chart is in a good position to form a higher low.
JOBY is at a critical support area - it also is at support with the 100sma line. We also have a bullish Doji candle but be cautioned because this a very volatile stock.
