Endurance Technologies Limited engages in the manufacture of two-wheeler and three-wheeler automotive components. It offers Aluminium die castings, suspension, transmission and brake systems products. The company was founded by Anurag Jain in November 1985 and is headquartered in Aurangabad, India. CMP of Endurance Technologies is 1878.50.
The positive aspects...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
On a important level... took support on primary bullish trend line and now near to the secondary bearish trend line. Make a long entry here and keep stop loss at 1560. Short term opportunity.
Will update the targets based on moment in the comments soon!
This is an important time for Lordstown Motors' stock price. Lordstown Motors has been in a defined downtrend since November 24th. On December 8th they released a video showing CEO, Steve Burns, put the "skateboard" chassis to the test. I'm wondering how much that video slowed down the stocks slide. As the very next day on December 9th the stock was almost flat...
