How the price action of Ayro Inc (AYRO) is used to our Advantage

September 23, 2022, 03:15 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Ayro Inc (NASDAQ: AYRO) data table below can help you with price action, and we have more details too. Trading plans for AYRO are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for AYRO

• Buy AYRO slightly over 0.42 target 0.88 stop loss @ 0.42 Details

The technical summary data tells us to buy AYRO near 0.42 with an upside target of 0.88. This data also tells us to set a stop loss @ 0.42 to protect against excessive loss in case the stock begins to move against the trade. 0.42 is the first level of support below 0.7158 , and by rule, any test of support is a buy signal. In this case, support 0.42 is being tested, a buy signal would exist.

• Short AYRO slightly under 0.88, target 0.42, stop loss @ 0.88 Details

The technical summary data is suggesting a short of AYRO as it gets near 0.88 with a downside target of 0.42. We should have a stop loss in place at 0.88though. 0.88 is the first level of resistance above 0.7158, and by rule, any test of resistance is a short signal. In this case, if resistance 0.88 is being tested, a short signal would exist.

Swing Trading Plans for AYRO

• Buy AYRO slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy AYRO just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 0.7158, and by rule, any break above resistance is a buy signal. In this case, n/a, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AYRO slightly near n/a, target 0.42, Stop Loss @ 0. Details

The technical summary data is suggesting a short of AYRO if it tests n/a with a downside target of 0.42. We should have a stop loss in place at 0 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, n/a, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AYRO

• Buy AYRO slightly over 0.88, target n/a, Stop Loss @ 0.88 Details

If 0.88 begins to break higher, the technical summary data tells us to buy AYRO just slightly over 0.88, with an upside target of n/a. The data also tells us to set a stop loss @ 0.88 in case the stock turns against the trade. 0.88 is the first level of resistance above 0.7158, and by rule, any break above resistance is a buy signal. In this case, 0.88, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AYRO slightly near 0.88, target 0.42, Stop Loss @ 0.88. Details

The technical summary data is suggesting a short of AYRO if it tests 0.88 with a downside target of 0.42. We should have a stop loss in place at 0.88 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 0.88, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

AYRO Ratings for September 23:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	-0.00
P2	0.75	0.77	0.42
P3	0		0.88

Support and Resistance Plot Chart for AYRO

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