RMO
Really Bullish going Long on RMORMO Had Q1 good earnings report beat all expectations possible falling wedge formation brake out. If it brakes going long on this one!
It's Just my opinion welcome to comment.
RMO. Add to watchlist.RMO had a giant performance today. This stock has been getting absolutely stripped for parts lately. Interesting to see if the sellers come in to knock it back down. If they don't, get in!
When it comes to picking my stocks I'm a cheap _______ so I won't take it unless it comes back to the level of the breakout. Too many stocks out there not to take perfect setups.
Sometimes this type of buying is met with the hammer, sometimes it's met with rabid buying crowds. If it doesn't get knocked down soon, look for it to be a good bet going forward.
I will be watching.
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Tradingview cut me off at 20 minutes but I got the info in!
RMO: Nice bullish correction in progress!RMO has been picking up some steam. Made what looks like an impulse, and now it is correcting. I'm very bullish on this! Will this develop into a flat, or just a simple zag?
RMO: Starting the next impulse?This one looks good. It's looking like we're going to break out of the channel instead of making a new low. I've started my position already. I'm a little down on it but today was great. Got me back to not feeling so bad. lol
If it stays in the channel I'd like to buy some more. Long term hold for me. I feel like this one has more fundamental strengths going for it, versus QS. I guess time will tell.
What's your favorite Li-Ion play?
Huge returns 2021+If you are looking for a good medium to long term hold that could 3x your investment in the next 5 years, consider RMO.
Yes, it's in a down trending channel.
Next support is close to $14 and note that by March they are redeeming all their warrants, so it is in the companies interest to not see the price skyrocket, in order to attract long term investors.
For a swing trade: enter in the $14-15 range, with SL at $12.
Profit target 1 $18
Profit target 2 $23
My personal strategy (long term): entering now at 15.2. Will dollar cost if dips to 12.
Why I like it: company is growing (lot of new hires). Their tech is a market leader in EV batteries space, with a few clients in discussion. Google "Romeo Power Thermal Management System" and you'll see why they're considered to be ahead of most new entrants in the space.
Good luck!
Keep follow after ACCUMULATION at rmoRMO JUST Gain energy in my opinion
follow for Wyckoff metod
my opinion good luck
Continuation trade short 5/16/2019I managed to trade this short twice already and should still be in this trade. There is not much volume right now on the pair but thats partly why I like it. Less manipulated.
This is a continuation of analysis done two weeks ago and this week. Re entering short on current retrace up.
What do you think about CADCHF? Any fundamental reasons I am wrong or right? Lemme know