Reporting earnings tomorrow before the bell. Could be the catalyst to set the next leg higher into motion. Gentherm been basing in a flag type pattern on its 50 MA. Gentherm Inc (THRM)- MANUFACTURES ELECTRONIC VARIABLE TEMPERATURE SEAT CLIMATE CONTROL SYSTEMS FOR AUTOMOBILE OEMS.
$THRM stock price made an intermediary top back in SEP'18 and since then it has traded downwards inside a nice wedge After a failed move it has managed to breakout in OCT'19 Result that came out at the end of OCT'19 were not great and the stock has retested the breakout , but the price action held above and now the stock has resumed the uptrend MACD and RSI very...
If the market stays strong we will make new highs in the next few weeks. I'll add to my position if we close above the 52 week high
Keeping an eye on THRM the market is providing conditions to test a new 52 week high but where a little far off. I think we might get some opportunities to buy in the next few week before breaking through the supply zone. Overall the fundamentals of this company are on point net profit and revenue are up.
THRM I have been long since $ 42.74. I like this stock because of its growing financials. I feel the beginning of a bullish flag pattern so I will be taking profit and adding to my position on what I labeled as the " Demand Zone" created by the window form Aug 10-11. If it breaks the rising window I'll exit the position, If my projection follows I think we can...
THRM, good earnings , good institutional sponsorship 5 day crossing the 9 and 10. I have my stop at the low of the hammer candle of July 31, 2014
This stock has a 99 composite rating with IBD. They make money which is the most important thing. I'm buying the dips and waiting for confirmation of a upward trend. But this thing could easily tests its high even with the broader markets trading sideways in August