This is a stock and company that might pull off a reversal. Analyst price target; 3.43 (100.58%)
Vroom is breaking out of the pendant.. The upside is infinite...🚀🚀🚀 long long long
Vroom, Inc. (VRM) is getting closer and closer to a short squeeze in my opinion. The gap to fill is $4.58 - $5.15, you know that they usually do! This is also my price target for VRM this year, $4.60. Looking forward to read your opinion about it.
$VRM - vroom stock spiked today. No major news. In addition, the automotive digital retailing company's website traffic appears to be flat or going down (SimilarWeb). You can short the volatility. -short the 7/15 or 8/19 call options 2.00 or 2.50 (~90% chance of profit) -go long on the 7/15 or 8/19 put options (~90% chance of profit)
This RSI price divergence will be corrected at some point - price target ???
Vroom may again come here to close the gap. Better wait till the bottom or some hints are shown in the pattern.
Vroom operates as an e-commerce used automotive retailer in the United States. The stock is down 98.17% from all time high, so if you bought at the top for 100K, you now had less than 2K. And when you think cryptos are volatile! But there are some good news coming: 5/10/2022 Wedbush Reiterated the Rating for VRM to Outperform, while Robert W. Baird put a price...
Vroom's stock has plummeted over the past year and that's a good choice. The company has an increase in revenues, a good balance sheet, but the losses are growing. The risk in this case, is proportional to the return. The stock remains deeply sorted ...
If you haven`t bought the dip when you saw the calls in the options chain: Then you should know that VRM Exceeded Q1 Guidance Across All Key Financial Metrics! 19,473 ecommerce units sold, +26% vs 2021 Ecommerce revenue of $675.4 million,+60% vs 2021 Ecommerce gross profit of $34.3 million, +8% vs 2021 quarterly loss of $0.71 per share vs a loss of $1.03...
After a block o 35K calls on April 21, today VRM has another 20.5K calls expiring on the same date, May 20, same strike price, $2.5. They paid a premium of over $200K for the calls. The chart is full of bullish divergences and the stock is undervalued. I think the earnings (in 4 days) will deliver a surprise and the stock will bounce to $3! The stock is now...
I haven`t seen a chart pattern more bullish than this: Falling Wedge combined with Rising Volume, Bullish Divergence and Strong Analyst Raring. I think we might see a spike to the $5.95 resistance this month! Looking forward to read your opinion about it.
Have you seen so many bullish divergencies on a daily chart before? Neither do i! A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low, demonstrating that bears are losing power, and that bulls are ready to control the market again. A bullish divergence marks the end of a downtrend typically. What should we...
What should we expect from the earnings? - revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY! - a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive...
Yesterday i was amazed to see a block of 35K calls worth of $525K on VRM expiring May 20. And i will explain to you why they might be extremely profitable! Since its highs, VRM lost 97.76% of its value and it`s not a crypto, by the way, it`s a company that makes billions of dollars. The calls are related to the first Quarter earnings on May 9, so they expire 11...
If you thought cryptos are volatile and you can lose all your money, look at VRM Vroom. 52 Week Range 1.85 - 48.80. Blackrock`s average entry: $41. Bank of America price target: $30. Year over year growth: 130.3% And the stock is trading at 2usd, yesterday hitting all time low. Few months ago Vroom bought the Auto Lender UACC For $300Mil and now the total market...
I`m back with a premium signal in my opinion! Vroom, former Auto America, operates end-to-end ecommerce platform for buying, selling, transporting, reconditioning, pricing, financing, registering, and delivering vehicles in the United States. On 2/3/2022 Bank of America Lowered the Price Target for Vroom, Inc. (VRM) from $65.00 to $30.00! The stock is now...
Vroom, Inc. operates as an e-commerce used automotive retailer in the United States. It operates end-to-end ecommerce platform for buying, selling, transporting, reconditioning, pricing, financing, registering, and delivering vehicles. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was...
This could hit 4.50 as long as the overall market is bullish. $3 is critical and needs to hold for it to go up to my target. Enjoy the ride.