With AUTO stock price briefly tested 78.60% Fib level, it is evident it is most likely will re-test in the near future. The online auto trading company is doing great only the fear of the virus is suppressing its stock price. Put this on your watchlist as a long term buy opportunity around £320.
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BUY – AUTO TRADER (AUTO)
Auto Trader Group plc is a digital automotive marketplace. The Company is engaged in the business of buying and selling new and used vehicles. The Company also operates similar business in Ireland through its Website carzone.ie.
Auto Trader is forecast to post a rise in earnings of 12% in the current year. This follows three...