-This NON BANK finance company originated more subprime auto loans than any other company in America!
"More Americans are behind on their car loans than ever before" -https://www.cnn.com/2019/02/13/business/delinquent-car-loans/index.html
"there were over 7 million Americans with auto loans that were 90 or more days delinquent at the end of 2018. That...
We might have just completed the a part of the big correction, therfore shorting seems agood idea, with a tightr stop loss just above the previoues high, and a target based on 132% of wave a, and 0.618 fb level of the previoues wave. The downward trend line also supports a similar range. therefore,
Sell market at 18.21
stop loss at 19.40
take profit at 14.75
After a slowdown in sales in 2016 the company's management has put forth an effort to revamp products with changing industry trends.
The company, as of late 2016, has presented their plan to revamp existing products and launch new ones. Some in partnership with Microsoft.
Even earlier in the year, the company showed progress with sales decline greatly slowing...
Brad mentioned a few days ago, likely could form a double bottom. Double bottom has FORMED with a gap and with volume. Let's see if we can snag it on the pull back. There's a few possible set ups on this one. #tradeyourplan