Tenneco is approaching a nice long setup zone. There's an obvious stop loss that is reasonably close, providing a decent risk/reward to profit targets.
WATCHING $TEN for ENTRY TARGET @ 19.44 I’m practicing to nail my entries even better… if target hits I will take a position.
$TEN share price surged by a further +14.96% since our last update this week. This totals up a gain of +42.34% in a short 9 days trading session. With $TEN continuing to outperform its sectorial competitors with increasing buying demand, trading at a new 52 weeks high on both share price and implied volatility, further upside will be imminent to test its 2019...
Our Global Algorithmic Trading Software (GATS) #7 indicates the following for Tenneco, Inc. The Long Term Trend (LTT) is currently Bullish The Medium Term Trend (MTT) is currently Bullish The Short Term Trend (STT) is currently Bullish The Micro Trend (MT) is currently Bullish Global Entry Signal For Trade #1: $12.38 Global Current Trailing Stop Distance For...
Primary Target (short term): Bullish Flag (30%) PT = 18.07$ Secondary Target (Long term): Ascending Triangle (94%) PT = 26.78$
Description: TEN is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $11 - $11.8 2. Take profit: $14.96 3. Stop Loss: $10.58 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 80%
+ Used cars are soaring which should increase demand for parts. + < $1bn market cap against $17 BN revenue + PE ratio of 3-4 against sector average of 20 + + Rapidly restructuring debt renegotiating longer terms and lower rates + 500% off 2017 ATH - Already 500% off it's lows - Debt still high. If long terms rates edge higher then the debt will become...
Tenneco Inc. is a company that designs, manufactures, and sells clean air, powertrain, commercial truck, off-road, industrial and aftermarket performance products and systems worldwide. The company operates through the clean air, powertrain, driving performance and auto parts segments. The auto parts business is a recession resistant business, for example, this...
Know nothing about $TEN the company, but just looking at the chart, it looks like a great long term buy. I think it could eventually break $100 over the next 3-5 years, but shorter term upside targets on the chart. I think there's risk that we'll get one more retest of the lows sometime between April-May, but that'll setup a great long opportunity in this...
BREAKOUT STOCK ALERT $TEN - Tenneco Inc. Class A Voting Common Stock Initial Alert Price: $10.48 Potential Price: $12.56 Potential Gains: 20% Stop Loss Limit: $9.96 TEN just broke a very important Resistance Level at the $10.31 after opening up 7.63% higher in today's trading sesion. We expect the stock to begin trading within the $10.53 to $14.70 Price Ranges...
Next week and weekly trend shows positive. Inverse head and shoulder patterns support the trend and required resistance crossing confirmation by next week :-)
On 5/27/20 $TEN closed above a long term resistance level that hasn't been broken since January 16th, 2018. Not only did $TEN break though and close higher than resistance, it did so with gusto, gapping higher on the day. $TEN is also above its 50 day moving average of $4.14 and the 50 day MA is just beginning to slope upward indicating continued short term...