Bullish on $GOEV
EV company that’s been trading within a triangle this year and has industry potential to skyrocket. Volume has been accumulating, and there is a large cash flow for OTM calls. The RSI is soon its way up while the MACD is about to reverse, which are bullish signs. If there is good news, this can break above the triangle and make new resistance. The ideal entry is above 16.77 to hold that Fib line with a target price of 17.5, then 18, and so on. I’d suggest a short term trade here as it may bounce off resistance, and Implied Volatility has no clear direction.
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