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MILE bouncing from all time low

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NASDAQ:MILE   None
Trend Analysis Technical Indicators Fundamental Analysis mile metromile insurance carinsurance spac merger selloff paypermile alltimelow
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trendanalysis indicator fundamental mile metromile insurance carinsurance spac merger selloff paypermile alltimelow
Remember the pay-per-mile auto insurance company Metromile and how it went up after the SPAC merger, to 20usd?

This month MILE had the all time low, $0.85. What a drop!

But for few days it showed a little bit of strength and in a best case scenario it can touch the $3.10 resistance.

Looking forward to read your opinion about it.

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