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LMPX - Lmp Automotive Holdings Inc
1.02(3.99%)9:00:00 PM 1/22/2021
LMP Automotive Holdings, Inc. operates an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe for, or finance pre-owned and new automobiles in the United States. It buys pre-owned automobiles primarily through auctions or directly from other automobile dealers and new automobiles from manufacturers and manufacturer distributors at fleet rates. The company also subscribes the automobiles to its customers by allowing them to enter into its subscription plan for automobiles in which customers have use of an automobile for a minimum of thirty days. Its all-inclusive vehicle subscription membership includes monthly swaps and covers insurance, maintenance, and upkeep. In addition, it sells its inventory, including automobiles to customers and repeats the process. LMP Automotive Holdings, Inc. was incorporated in 2017 and is headquartered in Fort Lauderdale, Florida.
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Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

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