Almost 80% below the July 2017 peak.
89.73% institutional ownership.
It comes completing a reverse head and shoulders pattern (bullish).
Some of its institutional holders include BlackRock, Vanguard, Renaissance Technologies, State Street and Morgan Stanley.
It improved its income in the last quarterly report.
Its accumulation/distribution indicator is...
I like how TRUE has been moving despite the volatile markets. The close over .23 fib is bullish and the MACD is crossed. This mights bounce around the 5.30s before congtinuing up. Im looking for it to move up the fibonacci scale. 5.90 next target
The 9 EMA crossed the 20 EMA on 9/14 and the MACD is rising. I like the consolidation for the last couple weeks. Break out over 5.03. First target 5.36 then 5.90
price consolidating in an upward channel and furthermore a symmetrical triangle. The price just broke above the triangle with a good volume. I suggest the price will rise at least to the upper channel resistance.
$true might be a bit late to the party but i felt comfortable taking an out of the money call for July 17 option. gives me some breathing room. 1st TP: $3.50 , 2nd TP: $5. happy trading.
why?
break of the trendline, trendline got retested and seems to be breaking short term highs. it looks good from my point of view.
Technical analysis or historical analysis, for TrueCar. TRUE touched resistances at 10.40 later with a huge loss gap of -27.71% leaving TRUE with a value of 7.74 just on 6 days, creating panic selling.
On indicators RSI is oversold, a volume of 1,975,451, short float is 12.86% (low).
Entry: Breaking new resistance above 2 cents, between 7.95, 7.90.
Stop loss:...
