
JOBY is sitting in a textbook pullback after rallying from $8.20 to $9.40 last week. Price is consolidating right at the $9.10–$9.16 support zone, which has been respected multiple times on the way up. The play is patient — wait for price to test that zone, then enter calls only on a confirmation candle on the 5-minute or 15-minute (hammer, bullish engulfing, or volume reclaim of $9.20). Stop sits below $9.05 where the structure breaks. First target $9.40, runner to $9.55. Two to three weeks out gives the trade room to develop with the longer-term thesis backing it: Dubai air taxi exclusivity, $105M–$115M revenue guidance for 2026, and analyst street-high targets at $18. This is a clean technical setup with a fundamental tailwind. Risk to reward sits at roughly 1:3.6. Patience over prediction. 🚀 #MIOS #JOBY #SwingTrade #OptionsTrading
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Posted by MarketStructureGuy