In few days, 50 SMA will cross 100 SMA upwards. The reckoning day is coming.
Very less likely .....
It seems like it is being supported at SMA 50 and heading towards SMA 200. The perfect storm is coming.
Hm.... We miss you here.
A break out happens when SMA 200 is up there alone and the rest of the SMAs are all entangled at the bottom. So the war around SMA 100, $8.73 will decide the future of VJET.
And if above happens, massive short covering will occur.
If the price can stay above this line, the next stop is SMA 200.
It really seems like it doesn't want to go below 7.80. Shorts probably used up all their bullets.
Those institutions which bought a lot of April $8 puts just can't let VJET above $8. So they sell shorts and shares they have to protect their option investment.
this is because of the bad news on EXONE.
Forget EPS. This company is expanding....Profit goes into the R & D and building more facilities to grow the company.
Rev. is up 87%..... Wow.
50% growth.... my lord. In the aftermarket, it is 8.50 now
It will be different this time. Why don't you cover? Info already leaked.