- Looks like 5 of V is unrolling.
- Retested supported and bounced up.
- Tremendous confluence found at $51.
- Tight stoploss right below $45
In general, ALSN is a good company with good short-term outlook.
"marketcap ($bil)": 6.25,
"name": "allison transmission holdings, inc.",
Allison Transmission (ALSN) is one of the worlds largest transmission manufacturers. The company has recently developed a new transmission model that helps to improve fuel economy. The company is set to release its 3Q earnings Monday, Oct. 30 with a conference call on Tuesday, Oct. 31.
US car production is coming off of its low back in 2009 and has increased to...
Price action appears to be consolidating on lower volume, bullish. RSI found support above 60, bullish. Trend shows average volume/flat volume, neutral. I placed my stop at 36.48 for 1% of my account.
This is a personal journal of my ideas and trades. This is not meant to be advice. Trade with care.
This is a all time high stock price!!!! Lots of traders stay away from all time highs, but this one looks good to me..
If this can pull back too about $37 I would be more bullish then bearish on this stock. This had a nice 3 month distribution channel and breakout. I think this stock could hit $40 on a nice run from here.