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IS RIDE heading up hill (LONG)

RIDE has finished a downtrend the past ten trading days

and now appears to a retracing that downtrend.

The upside here is about 16% to the mid Fibonacci level.

The MACD shows an early K / D line crossover as a lagging

indicator.

The RSI is in midrange being neither oversold or overbought.

I see this as a setup to trade a swing long trade or a call option

for a 4 week expiration at a price 5-10 % above the current

market price.
NASDAQ:RIDE
Moving Average Convergence / Divergence (MACD)OscillatorsRelative Strength Index (RSI)retracementlevelsreversalrideTrend AnalysisTesla Motors (TSLA)WKHS

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