*investment opportunity*
On the above monthly chart 7 years of price action resistance comes to an end following an oversold condition (orange column) with price action breakout. There now exists a number of reasons to be bullish on AYRO, they include:
1) Regular bullish divergence. Price action made lower lows as the oscillators made higher highs - very...
Still, with Covid-19 cases fading and gradually declining, the possibility of a recovery is real. So if you really want to play, AYRO could be your ticket.
NASDAQ:AYRO has a lot of potential as an American Company focussing on a niche. Now everything starts opening up post Corona era, it should be able to sign contracts and start delivering their EVs.
Also at February 11th they had entered into definitive agreements with several institutional and accredited investors for the purchase and sale of 4,400,001 shares of...
Possible reversal in trading channel
Enry at long signal or breakthrough entry point
especially if MACD breaks zero
goal is target 1
watch for reversal if going for target 2
NASDAQ:AYRO
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