LITHIA MOTORS INC

NYSE

LAD

My trading software has detected a possible bullish pennant in LAD. Besides, the price is testing support with a "long history" (the blue horizontal line). There is a high chance that the price will continue north. Consider buying with a stop-loss below the horizontal support line. Visit lookintotrade.com for: - free articles! - trading software - trading ideas

Power earnings gap. Short float: 11% Average volume: 240K

I am excited for the earnings. LAD May 17th -- 105 calls gl

Rules: Anything can happen - Stay neutral. Always define your stop loss. Trade with your own risk. We trade only when price action shows a "reversal pattern" within our predefined zones = "Trend + Zone + Reversal". This reversal pattern typically will be seen on 1 or 5 minutes chart. No trade if there is no reversal pattern. Be patient. Good luck.

You simply can't beat the benefits of owning this stock. It is a cash cow! Moooooooo Using this as a tax shelter.

Signals: 1-breakout of strong inclined resistance 2-double bottom 3-potential pennant Buy 86.00 breakout of pennant's top line Stop 81.60 (-2 tics of current fractal's low) Target 99.00 (sizing targeting) Risk\Return ratio 1:3

We do have the slower moving average going up. The faster moving averages crossed above the middle one yesterday. Today we break above the maximum price of yesterday, signaling the entry. My stop is below the 83.84 and my target in 93.12, same size of the last upmove.

Notes on chart

Looking at LAD monthly chart using fibonacci retracement. LAD has passed 1.272 level and flew passed 1.618 blowing my shorting scenarios...