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...
The wider car dealer group made strong moves yesterday. (see names like AN / ABG etc) Looking for entry but missed the move yesterday.
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...
love the way candle set in this winning pattern PalalalalalalalHH
Waiting for 50 & 200 MA confirmation in the 2 hr chart. Interesting setup. Good luck!
I always watch the open, if it holds the trend, i'll grab options
Very tight. Going through scans to see what held up in todays pullback. This one looks nice. Pretty tight. Will watch.
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?
Expecting 11 weeks breakout for GPI Buy- $62.40 Stop loss- Daily close bellow $59.92 area Target- $76+
$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
In weekly chart, at a resistance level, from trend line, it has formed a pin bar. Must be a short?!