The land is silent...before the storm! On the vast fields of snow, the wind is blowing strong With it's frozen cold and relentless touch It leaves a dead and hollow land of ice Depreciation = (Costs - Residual Values) / Useful Life The squeeze was rational; Residual values higher, useful life and cost unchanged for the current inventory - sticky prices analogy -...
In my last CAR post at end of March, “For our Sins,” I gave an initial target of 323. It hit that today. It got a re-impulse (bullish) or whatever you want to call it on the Impulse BF (I don’t even know the terminology you traders use, I just know how to make a lot of money sometimes).. I think it continues higher to complete the bear crucifixion . Next target...
CAR - bounced off the long term EMA and has been trending towards a 100% gain. What will happen next? Is Avis on your radar?
Avis Budget rallied in the fourth quarter on a value-driven short squeeze. It’s calmed down since but now may be showing some interesting patterns. First, consider the bounce off the 200-day simple moving average (SMA) on February 24. That could suggest the longer-term uptrend remains in effect. Second, notice how prices have stayed in a tight channel since...
Nice bull flag breakout for a continuation upward...
Triggered long on the >4% day breaking previous high. Expect follow through should be in profit after 1-2 days otherwise close or move stop right up
................... gave this one a shot.. kinda weird setup.. but well see.
CAR looking nice here. Bought here stop loss under the pivot low.
Self explanatory... indicators looking pretty good.
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on March 18, 2022 with a closing price of...
$CAR displaying volatility contraction since Q3 ER. have a very defined 4-months DTL with flattening RS and KMAs since late January. today $CAR is on track for its 5th up days in a row, remaining above all its KMA to rising 10/20 MAs since breaking out of the DTL last week.
pretty clear inverse head & shoulders. could be the catalyst it needs to send back to previous highs
trying to knife catch $CAR, this diagonal has been resistance twice and now possibly support
will like to short it around 280 based off of elliott wave and trend analysis
$164ish is the nearest support and we should see some pre earnings run up till $189
Here we have our $AVIS chart. After news reports flying it to astronomical highs, It has since come back down hard. This is because a stock can only go so high before it comes crashing down, as Sellers rush in to take advantage of the price, if they can borrow shares.. It is likely to drift further down back into reality, given its current...