NYSE:APTV Has formed a bearish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line!
This is great confirmation of a trend continuation setup.
Hey,
NYSE:APTV Has formed a classical super clear running flat.
We also have on the lower degree bullish confirmation in the forecasted direction indicated by this running flat!
APTV is currently looking for a support line which it is very close to!
The support line is highlighted in solid green
I have also drawn a few patterns two falling wedges and one falling broadening wedge, or falling megaphone
Bullish once price starts to bounce off the trend line.
In downtrend, Previous Support became resistance
Wedge break down
Earning 8/4/2022 Estimate 0.65
Short 92
Stop 100
Target 60
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
The PEAD projected a Bearish outlook for $APTV after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $108.37 / $107.32
Target Price: $106.87 / $105.20
Stop Loss: $110.88
Hello guys
According to the chart you can see the price is moving downward trend and it has need more correction to have good R/r then we have permission to take short position until the target.
You should take signal at first then dont forget use stop loss and observe to your capital management.
Take a look on volume guys dont forget to check it, And dont...
Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $104.21 / $106.02
Target Price: $101.11 / $102.59
Stop Loss: $109.45
Irish auto safety company Aptiv is showing some real promise especially if COVID lockdowns in Europe progress giving time for roads to implement technology.
Expiration 8-20. $175 call. Spreads are looking pretty decent. Sitting comfortably above the 200 EMA with a parabolic sars twinkling like stars upon the chart. And our favorite MACD dominating over the signal line. I believe that APTV had a move all the way up to $180 if all goes well.
Long term up-trend on the weekly and monthly charts
Due to break out of a 4 month breakout
At all-time-highs
Volume coming in to push the price higher
Final thoughts:
Look for buying opportunities around the 157.30 to 157.80 area.
OR
Wait for a break and hold above $160.14
Once a breakout out above 160 is achieved with good volume. an opportunity to long is strong.
I've selected an option contract at the strike of 160 Call NOV 19 '21, the price at this post date is 12.25$
Target and stop-loss levels are indicated on the chart.
Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, will present at the Deutsche Bank Access AutoTech Day
1% CAPITAL
