Long
VROOM go BOOM!
I really like the way this chart is developing. After finding support at $35.83 it made a healthy move higher and should continue to move in this direction. They are airing a commercial during the Super Bowl which should increase site/app traffic and the company reports early March.
The new and used car markets are still hot. With major autos like Ford and GM announcing production shortages due to chip shortages VROOM is a great stock to be in.
One to two week price target of $52 followed by one month price target of $68.32 with an earnings beat in March.
The new and used car markets are still hot. With major autos like Ford and GM announcing production shortages due to chip shortages VROOM is a great stock to be in.
One to two week price target of $52 followed by one month price target of $68.32 with an earnings beat in March.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.