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Citrati

06/14/24 4:06 PM

#196 RE: Alpha611 #195

Absolutely, confirmation of any trend change needs to happen. This particular down trend continues since Dec 2023 despite a couple 1dollar up moves.
Still can't hold price above down angled 100sma on a Daily. It will remain in down trend until it doesn't and sustained volume buying changes things. Will be watching 4.67 and 4.50 for potential bottom action. If not, then some of the weekly targets come into play even lower.

Here is the Daily look for those with stockcharts account..

https://stockcharts.com/h-sc/ui?s=JOBY&p=D&yr=0&mn=10&dy=0&id=p66529845915