$SOND extremely bullish setup. PT's are labelled based on chart patterns.
- MMU (measured move up/ ABC)
- Bull flag breakout imminent and the PT breaks the neckline of the inverse head and shoulders.
- A break of the neckline of the inverse H&S gives us the PT based on Thomas Bulkowski's statistical work.
It is also important to note that the MACD crossed to the upside on the daily and the RSI is still not oversold. No bearish divergences in the momentum indicators. THIS IS EXTREMELY BULLISH.
SOND trade ideas
SONDER - ACCUMULATION LONG 1,3-1,4 Range: target 3,13-5,20 USDHello Trading Viewers,
This is one hiddem gem: SONDER. INC ( SOND) quoting in Nasdaq.
Is maybe the best company related to operating serviced and tourist apartments in the world. They are doing an excellent job finding great locations in Europe and US to operate its ultradigital model.
My recommendation is to accumulate in this range of 1,30-1,40 and hold this stock till the new developments (Hotels and Tourist Aparments) Sonder is acquiring the operating management will begin to rule after refurbishment and some capex.
So think this about a mid-long term investment.
Tons of gaps to be filled upside, but honestly also this company at these prices can be subject to a M&A deal for ultrapowerful forward EBITDA with resilient Pipeline.
Best regards,
P-Dealer