Potential outside week and bearish potential for CAREntry conditions:
(i) lower share price for ASX:CAR below the level of the potential outside week noted on 28th March (i.e.: $32.16).
Stop loss for the trade would be:
(i) above the swing high of 26th March (i.e.: above $34.05), should the trade activate.
0.94 USD
178.42 M USD
766.70 M USD
About CAR Group Limited
Sector
Industry
CEO
William Elliott
Website
Headquarters
Richmond
Founded
1996
ISIN
US14575D1072
FIGI
BBG002MYFYT4
CAR Group Ltd. engages in the operation of online automotive, motorcycle and marine classifieds business. It provides car buying and selling services in Australia. It also provides online advertising solutions to media agencies and its clients, dealers, industry organizations and many other businesses. The firm operates through following segments: Online Advertising; Data, Research and Services; Investments; North America; Latin America; and Asia. The Online Advertising Services segment comprises of classified, display advertising services and finance commission. The Data and Research and Services segment offers software, analysis, research and reporting, valuation services, website development and hosting as well as photography services. The Investments segment includes online retail and wholesale tyre sales and inspection services. The North America segment includes online vehicle classifieds, display advertising services and automotive data services in United States of America and Canada. The Latin America segment includes online automotive classifieds and media advertising services in Brazil and Chile. The Asia segment provides online automotive classifieds, media advertising services and automotive data services in South Korea, Malaysia, China, Thailand and Indonesia. The company was founded by Gregory Paul Roebuck and Walter J. Pisciotta on June 18, 1996 and is headquartered in Richmond, Australia.
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CAR - Bullish Accumulation Distribution (ADL) divergence tradeADL trend is up while price action is trending down - bullish divergence.
Price today at 21.99 took out the pivot point (resistance) at 21.51. Closed higher than previous day on above average volume. It did form a doji and going ex div tomorrow so could potentially pullback.
It is also in a low vol
CAR @ 6 OCT 2021Text me if you have any questions/comments for me.
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CAR
- Previous video analysis was done on 30 Sep - Suggested waiting for successful rebound to $26 levels before plotting entry
- Instead, the stock continued to show weakness and has now closed below the mid-term support
- If the structure
CAR @ 17 SEP 2021Text me if you have any questions/comments for me.
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CAR
- Previous analysis was done on 13 Sep - Suggested waiting for successful rebound at 25.75 levels before plotting entry
- Today’s price action with above average volume looks good
- If you missed the previously suggested entry, current
CAR @ 6 SEP 2021CAR
- Previous analysis was done on 1 Sep - Suggested waiting for a successful rebound and entry around 26 levels
- Today’s price action is good albeit slightly below the daily average volume
- Created new all-time high
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CAR @ 1 SEP 2021CAR
- First time doing a written analysis on CAR
- Has a history of good uptrends over the years
- Recent price action since mid-Aug has seen the stock gone up quite far from the short-term support
- I was hoping to see a stronger pullback to the short-term support for a better setup for entry
- Thi
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.