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...
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
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.
Trade Call for JOBY Entry $5.03 down to $4.37 Target $10.60 Support $4.10 (*Not Trading Advice)