There may be less than 1% of JOBY investors/traders here to follow this puppy. But as one of those that do, I appreciate your perspectives. Watching a core position slip on an (and I do say this lightly) expected consolatory reset from the highs, can be a bit nerve racking. The whole reason for holding a core position is so that, IF, one day, unexpectedly it jumps another 200 or so %. I like keeping open gaps as targets, $9.55, 13.80, 18.00. Watching the moving averages are key too imo. I'm setting alerts for the 9 and 18 day MA's. Getting and holding in those windows and keeping the momentum and money in the green will show some solid strength during what I think will be more of a volatile period. Just saying my accumulation target is tentatively $14 - $17. And again to see where it sets a solid reversal signal. Anyone's guess, and as you mentioned, everyone has their risk/reward stress levels.
And longs just... live long and prosper. :-)
Cheers
Message in reply to: Now we will see how much of a fight JOBY price can put up in the 18.50's from the weekly perspective. Putting the two charts together gives all the likely targets until next news. The daily chart puts the 18.50's right at the previous potential double top. Just my opinion. Not suggesting any trades. Trading should be according to your goals, systems and understanding.