Bubble guy :D funny name, but i love puts more then calls.
Car business was and still doing very very well, high demand, higher prices, and more premium profit.
the problem is, car dealership providers are showing more inventory and steady sales growth in term of finance not in the number of cars sold.
the issue will worsen as long as inflation is above 4% and...
Hey friends! Happy Sunday and welcome to my post on fundamental analysis on NYSE:GPI .
NYSE:GPI (Group 1 Inc) owns and operates 49 collision centers and 191 automotive dealerships across 248 franchises in the U.S., the U.K., and Brazil, offering 33 brands of automobiles altogether. U.S. locations are mostly in metropolitan areas in 15 states in the...
Has GPI really rejected the 72.50 price point? This stock scores pretty high on the Zacks ranking. Will it spoke up or be held down by TTA?
What are your thoughts?
$GPI Break-though and retest of $71 resistance/support appears successful. 50/200d Golden Cross approaching on the daily chart.
If this tight channel can hold, plenty of upside possible prior to next ER in late July - note strong resistance at $83.50.
$SPY $QQQ $DIA
