timwest
Long

Volkswagen - VLKAY - Daily - Turned up from oversold

OTC:VLKAY   VOLKSWAGEN AG
444 3 10
GM             is leading the way up for Volkswagen (VLKAY).

Yesterday, Volkswagen announced its entrance into the EV             market with a Porsche 911 model due in 2019.

Even though EV             won't move the needle on VLKAY's giant income statement and balance sheet.

Either way, VLKAY hasn't made a new low in over a week and CCI has turned up from oversold (from -100 to over 0) and it looks poised to shake off the "China worries" that have kept it from rebounding.

Target $40, stop $36.50, $37.69 last.

Tim

11:49AM EST 9/15/2015
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mazdaki PRO
a year ago
i'm in now... this is a great opportunity to buy a great company at a discount.
Reply
mazdaki PRO
a year ago
Hi Tim, I'm curious to see what your take is on this (VLKAY) after the plunge.
I'm in at 30. Thanks in advance.
Reply
mazdaki PRO
a year ago
Just double down on VLKAY... Keep on accumulating on the downturn
Reply
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