Cars.com (NYSE: NYSE:CARS ) has emerged as a digital hub connecting new and used car buyers and sellers. As we delve into the aftermath of the Q3 earnings report, it becomes clear that Cars.com is at a crossroads, navigating challenges but also seizing strategic opportunities for future growth.
Marketplace Resilience Amid Q3 Slowdown:
The broader online...
This chart isn’t looking to bad. I think we have room to 23$ at least 18$ key reistance but it just bounced off uptrending support again. Puttin in an ascedning triangle. Or symetrical trinagle. Big uptrend move into it. Larger pattern is a large rising channel but the top of channel is up at 23.50. I’d buy here with stoploss just below 17 targeting 23$ so you got...
CARS is setting up for a breakout above $20.
The 2021 high for the stock was 19.07 set the month before the bear market started. This level was finally eclipsed last month.
CARS is not consolidating on tightening price action through a series of shallowing pullbacks.
A strong move through the 20.10 pivot point would be a buy trigger for me. You could work a...
Clear breakout to fill out previous gaps. however, indicators are extended so possible pullback coming days to close Fridays gap then continue uptrend. stop loss for longs bulls about 11.5
Cars.com is an automotive classified website focused on the United States that launched in June 1998 and now is the second largest automotive classified site. Its headquarters are located in Chicago, Illinois.
Hi Traders! This is our analysis for CARS, the chart looks very simple but very bullish!
- Price is currently located on a long term trend line (Yellow) which is working as a very strong support.
- Also backed by medium term trend support (purple).
- 100MA support + horizontal support.
- RSI is 45, in the past year RSI bounced of 40 level 7 times.
- Ichimoku...
$CARS clear uptrend, extremely bullish trend. Broke major resistance, either wait for a retest or go super long as of now!. Personally think this gap will fill very soon!.
CARS.com is currently sitting under strong resistance
but may provide a nice opportunity in the days to come.
Major gap sits above.
Alert set for break above $13.50
Potential target $16.35
Measured move target $ 16.60
Gap fill target $17.90
