timwest
Long

Volkswagen - VLKAY - Daily - Turned up from oversold

OTC:VLKAY   VOLKSWAGEN AG
454 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
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
i'm in now... this is a great opportunity to buy a great company at a discount.
Reply
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
Just double down on VLKAY... Keep on accumulating on the downturn
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