Hi all, Keep an eye on it. Plan your entry. Enjoy!
This is a very good entry point as it is close to the bottom of the uptrend and the horizontal range. Be careful if the price breaks the uptrend down.
Technically Bap looks to have 20% upside. Plus solid fundamentals to add to the story. Key Technicals - looking to buy on breakout of ascending triangle with above average volume. Or throw back of breakout. Key Fundamentals - Growth internationally (TYE SOON aquisition) + New & used car demand remains strong, we are moving around differently than pre...
Hi All, Find your entry. Enjoy!
Upcoming downleg will complete wave (v) of to finish off a correction. Even if it combos there is upside regardless if you catch the end of this correction correctly. Buy region is ~6.17 - ~6.84, but watch for clear rejection of 6.36 (0.618 of previous impulse). Also note the deep retracement of this (iv), may result in truncated (v). Count internal waves on...
BAPCOR is another company I haven't heard much about in terms of its parent brand but their Retail brands of Autobarn, Autopro, Sprint Auto Parts and Car Parts retail store brands, and the Midas and ABS workshop service brands I certainly have. I recently had my car serviced and it's always surprising how much it costs. In theory it is everyone's largest asset...
Before the market open, the is stock price was just above 13 and 50 ema on the daily, also whats so good about this trade it hit its 61% Fib level. The weekly was also a confirmation on the buy side with the 13 and 50 EMA just below the price. I enter this trade on the 5 min chart on the pull back on the 13 EMA.
Strong technical breakout after restest
-1 year ascending triangle -Well defined boundaries -High volume previous week with price touching both boundaries within the week 50 basis point risk on break, an additional 50 on close above boundary