ROOT Stock Technical Chart Analysis | can root insurance price go to $15?

ROOT insurance stock had been on an extreme downward price action since the IPO. In this video I breakdown the technical chart analysis to determine where the price could be headed in the short. If enough volume comes in the stock could have 10%-40% upside over the next month.

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1) Needs to break above $11.20 tomorrow from 7 day consolidation
2) Big volume had start to create a cup and handle formation
2) Price targets: a) First at $11.76-$12.60 depending on volume
3) stop loss at break below trend line or bottom of channel at $10.34

[ChillDillTrades]

Where do you think the stock is going this month?
a) $12
b) $15
c) $9

[ParanoidProfit]

Nice analysis! Never heard of ROOT before, i put it on my watchlist. Subscribed and looking forward to seeing your channel grow!