Velo3D's stock shows bullish signals in its technical analysis. Key factors: RSI = massively oversold. Williams percent range = massively oversold. Falling wedge pattern = confirmed.
The company has strong underlying fundamentals as well.
First target: 1.60 (supply zone 1).
Good luck. All the best, Peter Nordanaa
Yorum
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The RSI line on the daily chart for Velo has been broken, indicating a promising opportunity to enter the market. This could be a great time to make a move.