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PaperBozz

$NEGG - Could be a good play for risk takers only

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Newegg Commerce, Inc. (NASDAQ:NEGG)  
PaperBozz  
NASDAQ:NEGG   Newegg Commerce, Inc.
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NEGG looks to be basing. Well one might say if it goes down any further, its zero. But there is a bullish divergence on the Weekly MACD and Monthly MACD is about to do a bullish cross. $2.60 to $4 would be a hard resistance. With a short interest of 12%, it will take ~7 days to cover. It saw a bit of short squeeze action last week. Its an unpredictable stock with violent moves up and down.
Targets - $2.66, $4, $9.90, $17.00
Risk - It can go to zero. You can lose it all.
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.