Tui Jude
11-21

Great article, would you like to share it?

@Barcode：$Joby Aviation, Inc.(JOBY)$🅱️🆄🅻🅻🅸🆂🅷 🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀 📈🚁📈 JOBY: Soaring Into a January Effect Rally ~ 🎯 $10+ 🚁🚀🚁🚀 Kia ora Tiger traders! My Take: Joby Aviation (NYSE: JOBY) is positioning itself for a January Effect breakout, with clear momentum for a medium-term target of $10+. This eVTOL innovator is catching altitude after turbulent times. Key Financial Highlights (21Nov24, 🇳🇿NZ Time): • Pre-Market Price: $6.33 (+12.83%). • Market Cap: $5B, leading the eVTOL space. • 52-Week Range: $4.50 - $7.69. • Toyota Partnership: Recently secured a $500M investment following successful test flights in Japan. Technical Outlook: • Current Price: $6.33. • Resistance Levels: $7 (short-term), $10 (medium-term breakout target). • Chart Pattern: Bullish ascending triangle forming, indicating further upside potential. Recent Developments: • FAA Certifications: Progressing steadily toward commercialisation. • Global Expansion: Exhibition flights in Japan validate scalability and market interest. • Industry Leader: Competing directly with Archer Aviation, Joby remains a top contender in the electric air taxi revolution. Risks to Monitor: • Regulatory Hurdles: FAA certification delays could impact timelines. • High Beta Stock: Volatility is inherent with growth plays like JOBY. Why JOBY Matters: As a pioneer in the eVTOL market, Joby is at the forefront of transforming urban mobility. Despite SPAC-related challenges, its partnerships with Toyota and progress in FAA certifications highlight its long-term potential. While risk-averse investors may hesitate, growth-focused traders see JOBY as a compelling bet on the future of electric aviation. Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerPicks @TigerStars @TigerPM @TigerObserver @Daily_Discussion @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment