Finalized its offering yesterday which is what I attribute the recent move lower to. Love this space (edge compute for AI/ML - theyre primarily going after military contracts) and any small wins will have outsized impact. This is also the type of company that gets gobbled up.
Lower indicators should flip higher today with the overhang gone. Held anchored VWAP from the April pivot. Should be good support at 4.70 which should be the S/R flip level. I think this gets back to its highs quickly which means 30% upside.
Lower indicators should flip higher today with the overhang gone. Held anchored VWAP from the April pivot. Should be good support at 4.70 which should be the S/R flip level. I think this gets back to its highs quickly which means 30% upside.
Note
small caps flying. absolutely love this trade. moving to higher conviction and adding
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.