Approaching a key level of 50MA
Please note this is just an idea, invest at your own risk.
Aeva is currently in a downtrend, however it is currently touching the 50MA.
Looking at the trend lines, it looks like selling pressure will step in and keep pushing prices lower following the trend. Further, looking at volume, the amount of buying on the previous closing day might indicate a reversal towards lower prices as well.
However, a strong support at around 9,72 and the 50MA level, could bring enough confidence for a reversal of trend, and head higher. If that's the case, I would consider buying opportunities over 10,72 / 11 price level.
Keep attention to key levels of support and trend, so as to decide how to play this stock.
Happy to get feedback on my idea.
Aeva is currently in a downtrend, however it is currently touching the 50MA.
Looking at the trend lines, it looks like selling pressure will step in and keep pushing prices lower following the trend. Further, looking at volume, the amount of buying on the previous closing day might indicate a reversal towards lower prices as well.
However, a strong support at around 9,72 and the 50MA level, could bring enough confidence for a reversal of trend, and head higher. If that's the case, I would consider buying opportunities over 10,72 / 11 price level.
Keep attention to key levels of support and trend, so as to decide how to play this stock.
Happy to get feedback on my idea.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.