Shares of SOS Limited SOS have been trending lower, but that may be about to change.
They're getting close to $2.50. Since the end of July, this has happened a few other times, and each occasion was followed by a rebound.
Support is a large concentration of buyers who are all looking to pay the same price for shares. In this case, it’s $2.50.
- Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
- Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
- Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
At support levels, there is more than enough demand (buy orders) to absorb all of the supply (sell orders). This is why stocks stop going down when they reach them. And sometimes stocks rally off of support levels as SOS has done. There’s a chance that it happens again.
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