kennzo

THOR (Thor Industries) - Bullish end to quarter

Long
NYSE:THO   Thor Industries, Inc.
Thor Industries manufactures a wide range of recreational vehicles (RVs) at various manufacturing facilities located in Indiana and Ohio and sold through independent dealers in the U.S. and Canada.

A little late to this one, but still good upside ahead.

Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y

- Positive indicators on Heiken Ashi and Fast/Slow MACD's

Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move to the MID target
- Expectation for the price to move on toward HIGH TARGET
- Trailing stop-loss on price above MID point

GOOD LUCK.
DO YOUR OWN RESEARCH!
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