Vroom (NASDAQ: $VRM) Beaten Down & Ready To Break Higher! 🥊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
Vroom
Shift Technologies on the verge of a bullish breakoutShift Technologies $SFT is similar to $CVNA and $VRM, but it has greater potential as of course somewhat more risk since it is the smallest of all. With the massive run of $CVNA and great potential of $VRM and $SFT it is expected the hot used car market boosts the sales of both companies and makes up for the stock pricing lag. Today, the QE2 will determine whether the outstanding resistance around 9.30 for $SFT can be broken or not; if so, it will open the door for higher prices in the coming days and weeks. $SFT has some really great growth potential when checking the stats. DYODD, not trading advice!
$VRM Long - Pre-Earnings melt-up?Summer IPO that faded out and long overdue for a rebound given the rally. Retail is bored with it and HF have been accumulating, particularly some top performing ones. Earnings in early February.
Equal legs target $68 if above $30-32. Strong historical volume at these levels and declining volume/bullish consolidation over the past few months, while everything else has been rallying.
$VRM VROOM VROOM BULLISH REVERSAL restart those engines!#CAR #CVNA Possible breakout triangle with bullish divergences forming, 4hrs momentum squeeze release that can lead to multi weeks bull run. See chart. Used car online retailers sales have greatly increased during the 2020. This may run up until earnings scheduled for 12th November. They also rolled their international platform for other countries.
PT1:53.7$
PT2:56.7$
PT3:61.0$
Stop loss if it breaks downwards triangle.
