The chart paired with the news makes me believe price may break down further.
31 million share float. 20% short at time of post. book value quote $2.55 mkt cap 205m Rekor Systems Inc is a United States-based company. It is engaged in providing real-time roadway intelligence through AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data. The firm uses artificial...
solid fundamentals, chart has gone parabolic recently
What a break out. This GEM has been on a major run lately, only to drop off a cliff, as it may seem. But, the fact that the fall was held support by the 0.786 fib retrace level, has got me going. With a perfect retrace to that fib level, usually will come a bounce, if not a relief rally. IF the price can move up from here and turn 19.28 to support, I will be...
These charts are starting to get absolutely atrocious to look at. I'm loving every minute of it. A wise person once told me that insanity is doing the same thing over-and-over again and expecting different results. They didn't mean it as a compliment. I'm glad they gave me that advice.
$REKR performs very good among all its e-car peers. If the price could get stuck within the range of $19 - $21 for the next one to two weeks, I plan to buy a lot of them. IN details, I will buy one portion each time the price approach $19 (assuming that the price does not dip hard and break my expected trend, of course), and will do this for at most 3 times. No...
Ascending Triangle, awaiting confirmation (55%) Pros: Descending volume during formation Volume at break out PPS above 50MA and 200MA R/R ratio above 5 ATR ascending RS above 0 and ascending 200MA ascending 250RSI above 50 and ascending Target: PT = 30.25$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do you own...
Rekor Systems makes vehicle ID and skip tracing technology that is used by public safety, cities, states and private enterprise to ID and process transactions for motorists. I think the value case is here and we have the added benefit of an aggressive growth company. Two of the standouts from their quarterly call was the co-branded insurance portal function...
Ok, this stock is very promising. This will go to around 3.50, when it does watch it very carefully because it might swing from there to $10, if the market looks like shit I would sell it at the trendline I drew. If market is bullish, hold your bags, even though im presenting the weekly, watch the daily for your exit.
Rekor Systems, Inc. is a holding company, which engages in the provision of products and services to both government and private sector clients, with an emphasis on public safety, risk management, and workforce solutions. It also offers staffing services primarily in the aerospace and aviation industries. The company was founded by James K. McCarthy on February 6,...
Classic Butterfly BUY Pattern Formed in rekor systems 4 Hour chart. Good BUY Opportunity available now.
One of the biggest problems newbie traders face is FOMO - the fear of missing out. Case in point is $REKR. Now, we get in at $1.20 and rode it all the way to $5.50 a share. We saw the resistance at $5.50 and new that was where to exit. On Stocktwits, a lot of traders are chasing $REKR looking for the next move. In all honesty, the move has already happened. We...
$REKR has popped up on our radar after 2 days of climbing the chart on nice volume. The stock is now trading above its 20, 50 and 200 day moving averages. Looking at the chart, we see that there is a gap that needs to be closed between $1.72 and $1.85. Judging by its history, we believe the stock can do it and then some. What's been pumping the stock lately has...