Envirotech Vehicles Inc (EVTV)

[Matthew251430]

*Currently running above 9 day moving average
*Just crossed 20 day moving avarage
*Testing 50 day MA
*Confirmed overall uptrend since December 21, 2018
*Support levels in close proximity at, .31, .33, and now .348 which was just crossed and closed above.
*Immediate resistance levels are .365, .40, .44 then .52
*MACD Ocillator (Blue/Red lines) turned back into Bulls' Favor.

A heavy volume day with patient traders and investors can potentially take this through the roof. There are not many recently established resistence levels past .52 and by then if hit, there would probably be too much momentum for a total stop or pullback. There is something happening also with who's buying. In the last 2 weeks there's been some very large trades ranging between 30,000 to 8,000. All bought between .32-.36 So they aren't going anywhere anytime soon. There still are some shorts around and they are trying there best from what I can see to hold this down, but most have been shaken out. Someone got hit Thursday and Friday trying to load up large blocks just above the ask to scare away buyers but got taken out savagely over and over.
All analyst are switching ADOM to buys or hold other than those that already had it in buy or hold status as of Thursday. Note: these are short term trading analysis though.

My belief is this stock will never be lower. .3**** is long term base unless there is a bad announcement.