LCID CHART INTO EARNINGS TRENDS AND TARGETSIF it's bullish, here are your upper price targets.
Sharp trends leading down into a STRONG area of support.
All of which is timing out into earnings.
I would say, if the stock is in the buy zone pre earnings, it's probably a pretty solid buy where a chance of a successful trade suddenly shifts heavily in your favor.
I tried to label everything best I could on the chart.
Be careful, as I think whatever bullish move is coming, will retrace.
Sell trend is likely your exit.
Risk increases as price targets increase.
Good luck!!
Vroom
EXXON. EXOFF. EXXON. EXOFF. THE CLAPPER. The most important thing on the chart is the steep rejection trend that is also trending upwards. It is leading into another rejection trend, which should see some resistance, but with a potential move along the steep trend into the rejection and finally into a breakout, we could see the price around 118. There is potential to keep climbing from this point, and the top number I see is marked.
Earnings on the 26th is marked.
Short term indicators are showing bullish.
Price can keep pushing upwards.
When it falls, it could be fairly quick.
There are some really nice lines of support on the lower end.
Still undecided how this plays out, and I'll need more info before making a move.
Still, chart is worth watching.
VRM Vroom 2X Upside PotentialIf you haven`t bought VRM here:
Now VRM, Vroom, with its recent gap at the $4.50 - $5.10 level, presents an intriguing opportunity for investors.
Historical data indicates that gaps tend to fill 80% of the time, making this gap a potential target for short-term traders and investors.
The gap acts as a magnet, drawing attention to that price area. As bullish sentiment grows, the likelihood of the gap filling increases, potentially driving the stock price higher.
My price target is $5.10.
Looking forward to read your opinion about it.
VROOM Next PlayThe chart predicts vroom has a further downside. Mostly a steep 20-30% donfall in 2-3 days. The EMA is causing a lot of resistance.
Wait for the entry. This is not the bottom.
VRM Vroom Options Ahead of EarningsLooking at the VRM Vroom options chain, i would buy the $1 strike price Calls with
2022-11-18 expiration date for about
$0.10 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
NIO TRADE SETUPNIO flagged as an alert for me, so I wanted to get this chart out as a possible trade setup. It's looking like right under $9 would be a decent buy. I really like the possible movement between $9 to $14.
Obviously this move isn't likely to occur overnight so expect resistance on the way up.
Also, we need to be aware of the downside which is a price gap.
Stop loss zone is labeled.
VRM Vroom Option Calls to Buy ahead of EarningsVRM earnings after the bell!
Looking at the VRM Vroom Inc. options chain, i would buy the $3 strike price calls with
2022-9-16 expiration date for about
$0.43 premium.
My ultima price target is for VRM to fill the gap at $4.5 - $5.13!
I`m extremely bullish on Vroom.
Looking forward to read your opinion about it.
Vroom attempting a breakout.This is a stock and company that might pull off a reversal.
Analyst price target;
3.43 (100.58%)
VRM gap to fillVroom, Inc. (VRM) is getting closer and closer to a short squeeze in my opinion.
The gap to fill is $4.58 - $5.15, you know that they usually do!
This is also my price target for VRM this year, $4.60.
Looking forward to read your opinion about it.
VRM Vroom -98.17% from all time high! And it`s not a crypto!Vroom operates as an e-commerce used automotive retailer in the United States.
The stock is down 98.17% from all time high, so if you bought at the top for 100K, you now had less than 2K. And when you think cryptos are volatile!
But there are some good news coming: 5/10/2022 Wedbush Reiterated the Rating for VRM to Outperform, while Robert W. Baird put a price target of $8 for it.
All major institutions have higher averages on it, like Vanguard, $39 or Blackrock, $41.
And have you seen the incentives for the new CEO? 400K shares if the stock trades at 7.5 for more than 20 days, another 400K if it trades at 15 and another 400K if it trades at $21 in the next 3 years.
i think it`s a matter of time until we see VRM at $5 - $7!
Looking forward to read your opinion about it.
VRM up 60% in the pre-market! Exceeded Q1 Guidance!If you haven`t bought the dip when you saw the calls in the options chain:
Then you should know that VRM Exceeded Q1 Guidance Across All Key Financial Metrics!
19,473 ecommerce units sold, +26% vs 2021
Ecommerce revenue of $675.4 million,+60% vs 2021
Ecommerce gross profit of $34.3 million, +8% vs 2021
quarterly loss of $0.71 per share vs a loss of $1.03 estimated. an earnings surprise of 31.07%!
Total revenues of $923.78 million!
Market Cap of only 186.39Mil
They have a new CEO! Have you seen his incentives? 1.2mil shares for performance in the next 3 years: 400k if the stock is trading at $7.5 for 20 days, 400k if it trades at $15 and another 400k for $21.
With these targets in mind, is this an 1usd stock?
their rival, CVNA, 105,185 units sold, up by 14% from Q1 of 2021, Market Cap 6.88Bil vs VRM 19,473 ecommerce units sold, up 26% versus prior year, Market Cap 149.11Mil. if we do a simple math, the Mk cap of VRM should be 1.27Bil. if it doubles from here shouldn`t be that big of the deal. In fact, to be comparable with Carvana, they should trade 8.51X higher, at $9.19.
My price target is $3 by the end of this month!
Looking forward to read your opinion about it!
VRM another 20.5K Calls in the Options Chain !!After a block o 35K calls on April 21, today VRM has another 20.5K calls expiring on the same date, May 20, same strike price, $2.5.
They paid a premium of over $200K for the calls.
The chart is full of bullish divergences and the stock is undervalued.
I think the earnings (in 4 days) will deliver a surprise and the stock will bounce to $3!
The stock is now $1.42, a rare buy opportunity in my opinion!
Looking forward to read your opinion about it.
VRM Massive Falling Wedge on Bullish DivergenceI haven`t seen a chart pattern more bullish than this: Falling Wedge combined with Rising Volume, Bullish Divergence and Strong Analyst Raring.
I think we might see a spike to the $5.95 resistance this month!
Looking forward to read your opinion about it.
VRM Vroom ready for an Epic Squeeze!Have you seen so many bullish divergencies on a daily chart before? Neither do i!
A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low, demonstrating that bears are losing power, and that bulls are ready to control the market again.
A bullish divergence marks the end of a downtrend typically.
What should we expect from the May 9th earnings?
- revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY!
- a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance for $300 Mil.
Soon after the news above was released, on 2/3/2022, Bank of America set a price target for VRM of $30.00
So how come it is trading at $1.66???
Well, 29.48% of the share float is Shorted!
Big institutional owners like Vanguard, Blackrock , Morgan Stanley , JPMorgan Chase have average entries at $40!
And many of them had recently averaged down their investment, like Goldman Sachs which reported on 2/17/2022 an increase of 104.5% in their ownership in VRM , respectively 1,753,977 shares worth $18.93Mil for a total of 1.281% of the company. Their average is now $22.55.
So if they are happy with a 22 average, how come we don`t we buy it at $1.66?
VRM has a Price to book ratio of 0.24 now.
A P/B ratio less than 1 means that the stock is trading at less than its book value, it`s way undervalued!
the Price to Sales ratio is only 0.07! By comparison, its rival, CVNA (Carvana), has a P/S of 1.16.
Based on Q4 Financials, If they liquidated the inventory, cash in on all receivables and pay off the
$600M senior note, each shareholder will receive approximatively $6.5 per share.
If we look at the daily timeframe , VRM formed a falling wedge pattern which is extremely bullish as you know, on an oversold area, 25 on the RSI .
Institutional ownership in VRM is high, 92.19%
52 Week Range 1.58 - 48.80
Market Cap of only $235.47Mil! Can be a buyout at this point!
2021 Revenue: $3.18Bil
All things considered, fundamental and technical analysis , my short term price target for VRM is $5.95, i think it`s trading so low because it`s heavily shorted by the hedge funds, to have a better average on their entry.
Looking forward to read your opinion about it!
VRM all time low | Q1 Earnings on May 9What should we expect from the earnings?
- revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY!
- a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance for $300 Mil.
Soon after the news above was released, on 2/3/2022, Bank of America set a price target for VRM of $30.00
So how come it is trading at $1.66???
Well, 29.48% of the share float is Shorted!
Big institutional owners like Vanguard, Blackrock , Morgan Stanley , JPMorgan Chase have average entries at $40!
And many of them had recently averaged down their investment, like Goldman Sachs which reported on 2/17/2022 an increase of 104.5% in their ownership in VRM , respectively 1,753,977 shares worth $18.93Mil for a total of 1.281% of the company. Their average is now $22.55.
So if they are happy with a 22 average, how come we don`t we buy it at $1.66?
VRM has a Price to book ratio of 0.24 now.
A P/B ratio less than 1 means that the stock is trading at less than its book value, it`s way undervalued!
the Price to Sales ratio is only 0.07! By comparison, its rival, CVNA (Carvana), has a P/S of 1.16.
Based on Q4 Financials, If they liquidated the inventory, cash in on all receivables and pay off the
$600M senior note, each shareholder will receive approximatively $6.5 per share.
If we look at the daily timeframe , VRM formed a falling wedge pattern which is extremely bullish as you know, on an oversold area, 25 on the RSI .
Institutional ownership in VRM is high, 92.19%
52 Week Range 1.58 - 48.80
Market Cap of only $235.47Mil! Can be a buyout at this point!
2021 Revenue: $3.18Bil
All things considered, fundamental and technical analysis, my short term price target for VRM is $5.95, i think it`s trading so low because it`s heavily shorted by the hedge funds, to have a better average on their entry.
Looking forward to read your opinion about it!
VRM 35K calls block expiring soon! Extremely Bullish !!Yesterday i was amazed to see a block of 35K calls worth of $525K on VRM expiring May 20.
And i will explain to you why they might be extremely profitable!
Since its highs, VRM lost 97.76% of its value and it`s not a crypto, by the way, it`s a company that makes billions of dollars.
The calls are related to the first Quarter earnings on May 9, so they expire 11 days after the results.
What should we expect from the earnings?
- revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY!
- a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance for $300 Mil.
Soon after the news above was released, on 2/3/2022, Bank of America set a price target for VRM of $30.00
So how come it is trading at $1.62???
Well, 27.11% of the share float is Shorted!
Big institutional owners like Vanguard, Blackrock, Morgan Stanley, JPMorgan Chase have average entries at $40!
And many of them had recently averaged down their investment, like Goldman Sachs which reported on 2/17/2022 an increase of 104.5% in their ownership in VRM, respectively 1,753,977 shares worth $18.93Mil for a total of 1.281% of the company. Their average is now $22.55.
So if they are happy with a 22 average, how come we don`t we buy it at $1.62?
VRM has a Price to book ratio of 0.24 now.
A P/B ratio less than 1 means that the stock is trading at less than its book value, it`s way undervalued!
the Price to Sales ratio is only 0.07! By comparison, its rival, CVNA (Carvana), has a P/S of 1.16.
Based on Q4 Financials, If they liquidated the inventory, cash in on all receivables and pay off the
$600M senior note, each shareholder will receive approximatively $6.5 per share.
If we look at the daily timeframe, VRM formed a falling wedge pattern which is extremely bullish as you know, on an oversold area, 25 on the RSI.
Institutional ownership in VRM is high, 92.19%
52 Week Range 1.58 - 48.80
Market Cap of only $235.47Mil! Can be a buyout at this point!
2021 Revenue: $3.18Bil
All things considered, fundamental and technical analysis, i think that the 35K calls will be in the money, extremely profitable, by the time of expiration.
My short term price target for VRM is $5.5, i think it`s trading so low because it`s heavily shorted by the hedge funds, to have a better average on their entry.
Looking forward to read your opinion about it!
Vroom, Inc. (VRM) at all time low ahead of earningsIf you thought cryptos are volatile and you can lose all your money, look at VRM Vroom.
52 Week Range 1.85 - 48.80.
Blackrock`s average entry: $41.
Bank of America price target: $30.
Year over year growth: 130.3%
And the stock is trading at 2usd, yesterday hitting all time low.
Few months ago Vroom bought the Auto Lender UACC For $300Mil and now the total market cap of VRM is 276Mil!
I know institutions are trying to average down as much as they can, but there isn`t anyone there to buy this company?
P/B of only 0.28!!
P/B ratio of less than 1 means that the stock is trading at less than its book value, it`s way undervalued!
I have a Strong Buy rating for this one, and a price target of $8.10 by the end of May (after the earnings), hopefully they`ll keep the strong growth and reduce the aberrant margins.
VRM 11X upside potential according to Bank of AmericaI`m back with a premium signal in my opinion!
Vroom, former Auto America, operates end-to-end ecommerce platform for buying, selling, transporting, reconditioning, pricing, financing, registering, and delivering vehicles in the United States.
On 2/3/2022 Bank of America Lowered the Price Target for Vroom, Inc. (VRM) from $65.00 to $30.00!
The stock is now $2.79!!!
12K calls expiring April 14 with a strike price of $5 for VRM!
BlackRock invested $193Mil in VRM at an average price of $41!!!
95.87% institutional ownership!
$350K insider buys this month!
3.18Bil revenue last year, Market Cap of only 382.57Mil!
I think a 3X from here is inevitable!
What is your opinion about it?
Vroom (NASDAQ: $VRM) Ready To Rocket & Next Stop The 🌙?Vroom, Inc. operates as an e-commerce used automotive retailer in the United States. It operates end-to-end ecommerce platform for buying, selling, transporting, reconditioning, pricing, financing, registering, and delivering vehicles. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York.
All set to hit 4.50?This could hit 4.50 as long as the overall market is bullish. $3 is critical and needs to hold for it to go up to my target. Enjoy the ride.
Vroom (NASDAQ: $VRM) Looking Like A Deal Here 🚗Vroom, Inc. operates an e-commerce platform for buying and selling of new and used cars in the United States. It also offers financing solutions. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York.