Joby Aviation Inc

JOBY remains in Stage 4 decline with clear lower highs and lower lows under declining EMAs. Price is extended below the 9/21/50 EMA cluster in extreme oversold territory, reducing the timing edge for new shorts. We will defer selling and look to trim into rallies back up into the overhead EMA resistance zone for better execution.

• ↑Full-year revenue guidance at $105–115M underscores strong demand.
• ↑Toyota JV with $250M funding enhances production scale.
• ↓Q1 net loss $110M and operating expenses $258M heighten cash burn.