Velo3D's stock shows bullish signals in its technical analysis.
Key factors:
RSI = massively oversold.
Williams percent range = massively oversold.
Falling wedge pattern = confirmed.
The company has strong underlying fundamentals as well.
First target: 1.60 (supply zone 1).
Good luck.
All the best,
Peter Nordanaa
Key factors:
RSI = massively oversold.
Williams percent range = massively oversold.
Falling wedge pattern = confirmed.
The company has strong underlying fundamentals as well.
First target: 1.60 (supply zone 1).
Good luck.
All the best,
Peter Nordanaa
Kommentera:
The RSI line on the daily chart for Velo has been broken, indicating a promising opportunity to enter the market. This could be a great time to make a move.
Kommentera:
Nice little lift today, thats just the beginning.