Alış
My MILE Price Targets
Hello all,
This is definitely not considered technical analysis due to how new the chart is, however, fundamentally I am very BULLISH about the company.
- Their insurance business model is disrupting the traditional static one.
- Metromile is an opportunity to invest in a new way insurance will be priced and sold to a large percentage of the population.
- Personalized per-mile insurance fits better in a world where the growing population are switching to work from home.
- Have already achieved profitable unit economics, no need to raise rates to become more profitable.
- Potential multiple channels of growth.
Metromile is revolutionizing the fragmented $250+ billion U.S. personal auto insurance market with real-time digital auto insurance personalized for low-mileage drivers. About two-thirds of U.S. drivers are considered low-mileage and could be overpaying for auto insurance because they do not pay per mile.
That said, I do believe the price will decline or be stagnant for a while before making a BULLISH ascending chart towards $50.
Short term price target: $25
Long term price target: $75
Good luck to all
💎👐
This is definitely not considered technical analysis due to how new the chart is, however, fundamentally I am very BULLISH about the company.
- Their insurance business model is disrupting the traditional static one.
- Metromile is an opportunity to invest in a new way insurance will be priced and sold to a large percentage of the population.
- Personalized per-mile insurance fits better in a world where the growing population are switching to work from home.
- Have already achieved profitable unit economics, no need to raise rates to become more profitable.
- Potential multiple channels of growth.
Metromile is revolutionizing the fragmented $250+ billion U.S. personal auto insurance market with real-time digital auto insurance personalized for low-mileage drivers. About two-thirds of U.S. drivers are considered low-mileage and could be overpaying for auto insurance because they do not pay per mile.
That said, I do believe the price will decline or be stagnant for a while before making a BULLISH ascending chart towards $50.
Short term price target: $25
Long term price target: $75
Good luck to all
💎👐
Not
- Was wrong about the dip towards $15
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.