Key arguments in support of the idea. • The Company's supplies may recover in the second half of the year. • STLA's valuation relative to its peers looks very cheap. • Completion of the 2024 share buyback program may support the stock. Investment Thesis Stellantis N.V. (STLA) is one of the largest automakers in North America and Europe, engaged in a full...
Aggressive CounterTrend Trade - short impulse + volumed T1 level + volumed Sp + weak test + first bullish bar closed entry Calculated affordable real stop loss 1 to 2 TP before volume zone Context on Daily: "- short impulse + monthly support level + 1/2 correction monthly + biggest volume T1 + biggest volume Sp" Context on Monthly "+ long impulse + SOS level +...
Stellantis ( NYSE:STLA ), the global automotive powerhouse, has inked a transformative deal with leading leasing and fleet management company Ayvens. The agreement, announced recently, charts a course for the sale of up to 500,000 vehicles across Europe within the next three years, marking a significant milestone in the realm of sustainable mobility. The...
Hey guys, I previously posted a larger degree bullish move for NYSE:STLA and this is a lower degree bullish move along the way that can be taken. We see the following indicators that increase the probability of a bullish move, 1. Nice clean larger degree impulse 2. Clear corrective structure down to 61.8% 3. Impulse on lower degree breaking out of larger degree...
#STLA appears to breaking out of a daily contracting flat with bullish confirmation on the lower degree. Look for buys to take on the lower degree along the bullish move up to take profit levels.
If Stellantis's price break $19.66, next target will be $21.92
Stellantis: The Nvidia of Autos has formed a Bearish ABCD that is visible on the Monthly Timeframe with MACD Bearish Divergence and Bearish PPO Confirmation. If this plays out, we could see this go towards the C level, which aligns with the 0.786 retrace at €4.48
Not yet out of the cloud, but still closed above $17.22 Watch and see, hopefully it'll go up to $18.56
Too the moon, Next target $21.99 Support at $19.72
Strong accumulation, flying above cloud, $18.13 our next target Support at $17.48
Take us to the sky $18.97 is our next destination $17.22 is our base
As long as its price close above $16.56, it's ok to have some of its shares But, if its price breaks $15.99, wait and see
if it breaks $17.48, next week Next target will be $18.13
Be patient If stellantis' price reaches $15.99 We'll add some Stellantis's shares We know stellantis is worth far more than that
Although there is a cup-handle formation on the chart, the targets are determined according to Fibonacci. Let's look for closures where I indicated with X for the formation.
On the weekly timeframe of the STLA chart, we can see an ascending triangle forming. An ascending triangle is a bullish formation. It's interesting to watch this asset during 2023 for the price to break out of the triangle to the upside. The breakout-line is shown on the chart. When this happens the pattern gets confirmed and trade can be entered by taking a...
STLA: The company is huge! It's french-american and combines PSA (Peugeot, Citroen), Fiat, DS Automobiles, Chrysler with Jeep, Dodge, and many many others. This company has a great future if the next generation products will arrive. Electrification will boost revenue and margins. Short it the next weeks, you will see a correction based on no current model...