Dorman Products - DORM Consumer Cyclical Auto Parts USA Dorman Products, Inc. supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide. - High volume in stock - Crossed 200 EMA - Next earnings date - 25 Jul 2022
I would like to recommend this stock for those trader that still cannot find stock to trade.
Stop signal 91.64. Looking for break below 85.84. First target 76.53, Second target 67.89
Bearish most of previos earning, looking bullish on monday earning
Typically, I leave the technical explanation for last when I post an idea. Mainly because there's always a different perspective of TA with the bias of someone's bullishness / bearishness on the market, but also because it'd be a waste of space to type out my own TA for each chart since....... it's the same for every chart lmao. THE most accurate charts I've...
Today at the market open (Jan 8), the equity trading system Equity Trend will open a long position in Dorman Productos (ticker: DORM) Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately. The system combines elements of breakout trading, trend following and risk management from Turtle trading. System: bit.ly
DORM: Dorman Products, Inc. 2018-12-13 16:05:00 Dorman Products, Inc. Announces Expansion and Extension of Stock Repurchase Program
Broke out of a falling wedge with good volume, came back and tested it. Would go long if its able to break the previous high(rectangle area). would also manage a tight stop loss because of the low volume we had the past 2 days
Breaking Below R1 AND the Tenken-sen (9 day MA) with a bearish MACD cross on the daily. OBV Broke the upward trend line, and STOCH turning bearish as well. 1st target is S1 at $41.61. GURU FOCUS also issued a SEVERE warning sign on the stock. www.gurufocus.com
Low volume stock is not a good place to stash your money, but those of you who are bottom fishers may look this stock. This bullish triangle plus 88.6% bounce will encourage to take 1-5 week trade.