Aug. 16 at 3:53 AM
$VELO | Velo3D Inc | Industrials 🖨️
Sellers getting caught flat-footed on
$VELO as price reclaims critical structural ground above primary volume profile support! 💥 Solid buyer response off
$13.73 confirms a firm baseline demand floor ahead of the
$18.57 breakout trigger ⚡
Fundamentals: Top-tier additive manufacturing technology provider driving system utilization across aerospace rocket engine production lines.
Technicals: 8h timeframe showing a bullish bottoming base breakout coiling firm above baseline moving average support 📊 Stochastic RSI coiling upward in bull territory. Holding
$16.15 keeps buyers in total control.
Bull Key Levels:
$16.15 🐂 🔥 | Confirm:
$18.57 🐂 📈 | Extension:
$21.45 🐂 🚀
Bear Key Levels:
$13.73 🐻 ⚠️ | Confirm:
$11.35 🐻 🚨 | Extension:
$10.54 🐻 📉
Stop Loss:
$15.50 🛑
Targets:
$21.45 /
$25.70 💰 🍺
OVERALL: 🐂 BULLISH 🐂
#VELO #optionsflow #stockmarket #technicalanalysis #swingtrading #hovdid
