SammyT
commented on a stock · Dec 30, 2021 13:46
check my thoughts?
The green lines show the new level of support. The gold shows the interval trajectory. With volume tomorrow and no omicron or weird news, this will get pumped again tomorrow with a new support floor. With volume. It will pump until the volume is dropping and apes decide they have enough $$.
$Cenntro Electric (NAKD.US)$
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DrC 504 : What are your thoughts on price points?
SammyT OP : I am not sure. I got in recently at 6.50. I think it will either gain 20% a day for 3 days or more, or it will grow rapidly like IPOs do followed by a sell off maybe around 30$ back to maybe 8$, then grow to it's true market value. which is hard to know till their first combined earnings report. This is alllllll speculation......
DrC 504 SammyT OP : Got you
Kendra Vandy SammyT OP : Well thought out, logical, and realistic… kudos for being so knowledgeable! :) I do TA daily on several assets and the support/resistance analysis seems to say support is at 5.00$ on the bottom, $5.70 stands as current support, and resistance at $6.65, however, it’s not strong resistance. It appears to be testing the 200 day MA.
SammyT OP Kendra Vandy : Awww. thank you! entering commercial EV is a very interesting move and during global shortages and massive demand this will be interesting to see their earnings!
Top Reviewer : which won't happen for a while since most of us got screwed in the split. hundreds of thousands of us got stuck at a 9-10$ average after that.
SammyT OP Kendra Vandy : it's hitting support right at the 250MA. u called it!