RIDE about to go on a joyride?
NOT FINANCIAL ADVICE
RIDE looks like a nice technical play atm. Massive falling wedge with plenty of gaps to fill, PTs listed above. I'd like to see RIDE fill out the gap ~ 10.55 first, before entering any calls. Good entry here for shares here, if you are fine with averaging down shares. Fundamentally, RIDE isn't looking too great with a large bear attack on the ticker, however charts indicate that RIDE is ready to excel. Also, talk of potential good news coming out in the coming weeks. DO NOT GO IN TOO HEAVY, RISKY PLAY
RIDE looks like a nice technical play atm. Massive falling wedge with plenty of gaps to fill, PTs listed above. I'd like to see RIDE fill out the gap ~ 10.55 first, before entering any calls. Good entry here for shares here, if you are fine with averaging down shares. Fundamentally, RIDE isn't looking too great with a large bear attack on the ticker, however charts indicate that RIDE is ready to excel. Also, talk of potential good news coming out in the coming weeks. DO NOT GO IN TOO HEAVY, RISKY PLAY
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