Two Sentence Traders

VPG holding the 200d ema as Figure's hand redesign muddies the bull case

By rummy ·

VPG's earnings call confirmed Tesla's basically a locked-in customer, that part of the thesis holds. But Figure's doing a hand redesign and VPG isn't guaranteed to win that piece of business, which chips at the bull case some. Stock's whipping hard at the open, trying to hold the gap and the 200-day ema, that's the level that decides how today goes.

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Aggregated and distilled by Two Sentence Traders. Not financial advice.