Vroom, Inc. operates an e-commerce platform for buying and selling of new and used cars in the United States. It also offers financing solutions. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York.
This is down after hours due to earnings. I think its time to buy. Huge weekly volume and bullish reversal weekly candle.
Hello Friends! VRM has been on a downtrend for a while. Now it’s oversold on the daily, weekly, and monthly. It’s been consolidating in the $7 to $8 zone. A move past $8.18 with volume might setup a nice move to $9.77 and then $11.64. Be careful with this trade, especially when their earnings is around the corner (Feb. 28). As always thanks for your follows,...
Vroom, Inc. operates an e-commerce platform for buying and selling of new and used cars in the United States. It also offers financing solutions. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York
VRM is one of those great pandemic idea that has rode right off a cliff. Can it go lower, absolutely. All the way to $0. I expect to see many bankruptcies over the coming years. We need to have them to get out of this ridiculous bubble. Be careful on all of those pandemic ideas going forward. Solid cash flow, margin strength, history of going through real...
VRM formed a bullish Crab pattern and under buy zone right now. Needs to keep above stop loss and show signs of reversal before getting in. Notice the increased volume levels recently.
VRM 1D chart bullish up to 6 monthes ////// ////// ////// ////// //////
NASDAQ:VRM VRM We may see the bottom if rebound can go up to $27-32 with 3Months.
NASDAQ:VRM VRM Looking good at $15 level We may see it run to 17-18 by next week. Stop loss 14
Daily close over resistance here, looking strong for a huge breakout tomorrow potentially. Personally, my calls are at breakeven but I've been holding since $20.05. Spikes in volatility cause massive contract price increases. 11/19 exp for volatility, 12/17 for safety.
NASDAQ:VRM VRM AB=CD Ready to run PT $28. May take up to 3 Months.
Vroom is forming the potential patterns for a reversal. Two weeks ago, we had a weekly hammer bottom, generally a reversal signal The next two weeks, we've seen higher lows and higher highs indicating continuation from here is possible.
Looking to buy between zone #1 and #2. Oversold on all timeframes. Playing this position long from the weekly timeframe. Stops set at $18.
I'm not too sure if this is accumulation or redistribution. If the price could break above the initial support of the sellers climax (SC) with some decent volume; I will be more convinced that we are in the final phases of accumulation. Lets just see what happens.
VRM: You wanna see a close above 29.60 for confirmation that price will push back up to 36+
She’s not there yet, but if Monday this can flush hard down to the ATLs, I think it should offer a decent bounce. Keep in mind, I would prefer it to just slam down there. If it just has a constant grind lower then I would most likely scrap the idea unless I saw some definitive higher lows being put in and giving me the ability to have clear risk. If it were to...