Aurora Innovation Inc. Poised for Further Growth

Aurora Innovation (NASDAQ: AUR ) shows strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The moving average indicator has given a positive signal. In isolation, this signals a continued rise, but the slowness of the indicator often means that one has lost much of the upside.

There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately 3.66 dollar. Positive volume balance shows that volume is higher on days with rising prices than days with falling prices. This indicates increasing optimism among investors. The stock has strong positive momentum and further increase is indicated.