RMO Breakout Stock Alert

BREAKOUT STOCK ALERT
$RMO - Romeo Power, Inc. Class A Common Stock
Initial Alert Price: $12.98
Potential Price: $18.11
Potential Gains: 39.52
Stop Loss Limit: $


Re-Entry Breakout Alert:

We still are holding onto our initial investment on RMO although the position is currently down around 30% from our initial alert/investment. We expect this new position to at least retest the $18.11 on a longer-term hold and ultimately still hold our price target of $24 as initial expected. After seeing TSLA bringing down the entire EV Sector and currently showing signs of a reversal, we expect the rest of the EV Sector to follow suit, or at least break away from the downward pressure moving forward. If we retest the $18.11 Price Levels with our current position, we will regain 27% of our initial losses on our original losses, and also gain an additional 27% on the way back up. And if we continue to $24.15 as expected, we will gain about 116% overall on the position with both trades combined. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today