Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AUTO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.
Atul Auto has created a niche market for themselves over 30years. Atul has emerged as the only player with complete range of 3wheeler products across the fuel range – Diesel, Petrol, CNG, LPG and now venturing into Electric. Company turnover has grown by three folds. CMP – 282.15. Negatives of the company is decreasing net cash flow. Positives of the company are...
Phoenix Motor Inc. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles. The company offers buses and trucks. It focuses on developing light and medium duty commercial electric vehicles for various service and government fleet markets, including city fleets, campuses, municipalities, and transit agencies; and serves...
Lordstown Motors Corp. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers. The company was founded in 2019 and is based in Lordstown, Ohio.
Auto Trader is heading for a final leg in a downward impulse. Clear picture on the Elliott, backed up by indicators on the daily. Good luck!
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where...
Considering the bullish momentum in Auto was expecting a pull back in the sector from the recent top however closing above previous high and new ATH has been established so there is a long way to go with a key support of 1014.
Disc - views are personal trade accordingly.
Ford warns investors of $1billion in costs related supply chain issues. Big move in the stock over 10% so far. Makes me wonder if any other car makers are affected. What would you think, yay or nay?
Volkswagen - Short Term - We look to Sell at 145.76 (stop at 152.42)
The medium term bias remains bearish. Broken out of the channel formation to the downside. We have a Gap open at 145.76 from 19/08/2022 to 22/08/2022. Preferred trade is to sell into rallies.
Our profit targets will be 120.52 and 115.00
Resistance: 145.76 / 151.50 / 160.86
Support: ...
The inflation artificially created by the Federal Reserve (FED) and European Central Bank (ECB), will end in an ugly recession in 2023 - 2024, North America and Europe will be the places most affected by it, high food costs, public services, rents, mass layoffs and the collapse of much of the auto industry, we expect to see in financial difficulties or bankruptcy,...
Chaos & Crisis are bad for some and good for others (Wei Ji). 💎
Headlines:
Sep 5, 2012: Economic Crisis Creates Demand for Discount Auto Parts
Aug 18, 2017: The Financial Crisis May Finally Be Catching Up With Auto-Parts Retailers
July 5, 2019: Auto Sales and the 2007-09 Recession
Mar 24, 2020: Why the Auto Parts Sector Could Hold Up In a Recession
Aug 11,...
NYSE:F
F is trending up while TSLA heads down
US Legislation to support EV purchases with tax credits is helpful
GM's financial troubles are helpful.
Chart shows upgoing BB/EMA channels
and mid-range RSI with recent K/D crossover.
Both suggest a potential swing entry. Depend on unforeseen
changes in the automotive market or the market at large
and a...
