Going long, Using the 200 Day Moving Average as you support/stop. Bounced twice off of the 200SMA support recently, signaling strength. Significant divergence b/w earnings estimates and price action for the auto manufacturing industry this quarter and next. Could lead to some upside surprise come earnings season.
Technically looks like a long-term continuation wedge, with the SQZ_MOM and BT_LB indicators aligning for a high conviction buy in the short term.
Technically looks like a long-term continuation wedge, with the SQZ_MOM and BT_LB indicators aligning for a high conviction buy in the short term.