Online Retail. V-Shaped recovery
It is rare to see a real V-shaped recovery, IBUY will most likely test previous all-time-high.
$54 to $56.5 is an important range. To see it more clearly, just zoom out, or use a weekly chart.
OBV has been indicative... as we cross above or below the 200sma, we can see OBV start a trend, either down or up, in conjunction with the 200sma. After our most recent cross above the 200sma, OBV is reaching 1-year high.
Watching closely for a new breakout, which will possibly be followed by a re-test the previous highs.
IBUY top-10 portfolio holdings with weight %:
$54 to $56.5 is an important range. To see it more clearly, just zoom out, or use a weekly chart.
OBV has been indicative... as we cross above or below the 200sma, we can see OBV start a trend, either down or up, in conjunction with the 200sma. After our most recent cross above the 200sma, OBV is reaching 1-year high.
Watching closely for a new breakout, which will possibly be followed by a re-test the previous highs.
IBUY top-10 portfolio holdings with weight %:
- CHWY (4.89%)
- STMP (4.79%)
- NFLX (4.01%)
- PETS (3.83%)
- PTON (3.56%)
- GRUB (3.48%)
- AMZN (3.35%)
- CHGG (3.21%)
- UBER (3.20%)
- FLWS (3.11%)
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