joby

$JOBY.US | Why Is My Short-Term Target $7?

The chart shows JOBY at $6.18, with roughly $1.11 million in net inflows, including about $3.61 million in net inflows from large orders. I’m watching whether this buying can help the stock hold $6.00–$6.10.

If that support holds on a pullback and JOBY breaks above $6.23, the next resistance is around $6.55. A breakout above that level on strong volume would put a retest of $7 on my radar. That’s the prior high area traded in early September, roughly 13.3% above the $6.18 shown on the chart.

Short interest is elevated, so short covering after a breakout could accelerate the move. If the stock falls below $6 and struggles to reclaim it, I’ll reassess the $7 target.

If you already own JOBY, feel free to message me your average cost and share count. We can discuss potential next steps as the price action develops
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