Hello, everyone! We're seeing promising signals for $ROOT. If its price maintains above our key monthly indicator, we anticipate an uptrend. A very bullish trend will be confirmed when the daily indicator rises above the monthly one. Should this happen, we'll be on the lookout for the weekly indicator to follow suit. Our first price target (PT) is set at $76,...
ROOT is an app-based insurance company offering home, auto, and renters’ insurance in all 50 states. With a market capitalization of just $156MM, it is below the small-cap threshold making this a micro-cap stock. In other words, it's small. But it wasn’t always. The company was worth roughly $6 billion when it IPO’d in 2020 - roughly 400X larger than its current...
Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website. Its direct distribution channels also cover digital, media, and referral...
root car insurance has been in a slouch but has been up and coming for quite a while now just entered on 50percent retrace looking to lock in 200 % gains. This is strictly my opinion and not at all financial advice goodluck to all!!
The yellow lines on chart connect closing prices on a line graph. I like the stochastic here for a turn up. Take profits when RSI-14 moves up to 50 or price moves up to dashed line. There will be a pullback, and at that time you will choose whether to hold some for a move higher, or sell all and buy again after a pullback. If this company is to succeed, then...
More of an educational quickie this one. ROOT is another name that endlessly traps longs, never gets above significant fibs and just goes down and down some more. But these circled upside pops can be quite good for shorting and an easy ride down. The gap up shows weakness and on a chart like this there is a very good chance price will collapse back down after...
I've taken this trade with commons only. Got some at $4.80. Earnings may trigger 20% up/down. Take the trade if trend line is broken. I am planning to cut the trade after earnings. #DYOR ~CHEERS
ROOT breackout is confirmed, retest of old resistance to become support is possible. Bullish divergence in RSI. Good luck to everyone :). Sam
With Root's past performance, it is clearly in the bear trend. It is normal to assume Root's ER gap down.
Look at that chart! Isn`t it beautiful? ROOT, Root Inc. Cl A has the highest amount of FLOAT SHORTED in the market right now: 46.48% The Average Volume is high, 8,099,037usd. This should be a short squeeze candidate. My price target is the 6.63usd resistance short term and 12.8usd in case of a short squeeze. I look forward to read your opinion about it.
NASDAQ:ROOT It looks bullish , I expect sideways and then bounce up to hit the targets TP1: 6 TP2: 6.5 Call options 12/17/2021 Strike 5$ Timeframe 2 weeks *This is my idea and could be wrong 100%
ROOT breaking supply trendline within a longer term channel. An event like this could call for a retest of the channel heartline (red dashed line). The longer it takes, the lower the price target will be. An eventual breakout of the heartline can call for a test of the supply trendline of the channel.
Breakout of massive falling wedge, with triple classic bullish divergence on 1D. Stop-loss underneath recent lows.
Saw this pop up on the squeeze metrics or a similar site. RSI divergence is nice and over $5.5 she can run. Not suitable for my clients since there is not report or at least there was not one last time I checked. I bought some at 5.09 for fun. Let us see what she can do! GLL!
i think we are ready to break down trend and flip to the upside.
1. Indicators: RSI, MACD, and KDJ is well setup for a run. 2. Price and Volume just looks like the hulk wanna break out. HOWEVER 1. financially pessimistic numbers and weak earning power 2. the past price performance is with doubt it will ever perform 3. the general "BIG TREND" is a downtrend, the consolidation started Aug 13 might just be a correction of the...
But so far has failed to gain momentum.... Still, I am starting to slowly accumulate this beaten down name... Its still in the downward channel, but it could be showing some signs of life again. If it can start to move into and stay in the upward channel I'll take a larger position. The fundamental side is interesting in that they offer insurance to a new younger...
First published chart on recent position taken in $ROOT. Will continue to refine overtime. Believe this could break out soon due to market dynamics and momentum. Manage your own risk. Not financial advice.