This is the best stuff to buy in the market right now.
Let's talk fundamentals first,
Robotaxi car industry is growing and all the autonomous cars require something known as LIDAR which is manufactured by this company. In fact it is a market leader with 33% of the market share of this new industry.
Now let's talk technicals
What I'm seeing right now is wave 2 of 1-2-3 correction. As per my time cycle analysis ,this could be happening around mid of September and that will be a great time to buy this stock. The stock should correct to around $16- $17 and I would be buying it at that time, but this is valid if the stock does not break the current high significantly.
Final verdict :
Buy at 16-17$ around mid September
Disclaimer :Nothing is a financial advice
Let's talk fundamentals first,
Robotaxi car industry is growing and all the autonomous cars require something known as LIDAR which is manufactured by this company. In fact it is a market leader with 33% of the market share of this new industry.
Now let's talk technicals
What I'm seeing right now is wave 2 of 1-2-3 correction. As per my time cycle analysis ,this could be happening around mid of September and that will be a great time to buy this stock. The stock should correct to around $16- $17 and I would be buying it at that time, but this is valid if the stock does not break the current high significantly.
Final verdict :
Buy at 16-17$ around mid September
Disclaimer :Nothing is a financial advice
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.
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.