Strong Performance: Honda Motor shares have shown solid relative strength over the last month, tacking on nearly 6% and outperforming the S&P 5001.
Positive Earnings Estimate Revisions: The shares are looking to break out of a multi-year consolidation period, with positive earnings estimate revisions helping drive the move1.
Strong Sales in North America: Honda...
Hello,
Introduction:
In recent market developments, Honda Motor Company, a renowned player in the automotive industry, finds itself navigating through a challenging phase. The company's stock is currently on a downward trend, signaling potential obstacles ahead. Investors and industry analysts are closely monitoring the situation, with a downside channel...
The PEAD projected a Neutral outlook for $HMC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
Musashi Seimitsu Industry Company, a supplier of transmission gears and suspension parts to Honda Motor Company, is negotiating with automakers to reflect the impact of higher shipping and material costs. Another Honda supplier, Yachiyo Industry Company, which manufactures fuel tanks and sunroofs, has seen little impact because it buys raw materials directly from...
The 4H chart on HMC looks ready to go for a continued move upward above $30 in the next session.
We are targeting the Nov19 30c at .57 at open on Monday.
The PEAD projected a Neutral outlook for $HMC after a Negative Under reaction following its earnings release placing the stock in drift D
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The PEAD projected a Neutral outlook for $HMC after a positive under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
NYSE:HMC broke out of the head and shoulders pattern. The anticipated price action and targets are marked on the chart, ideal stoploss is far so it is better to use a trailing stop daily close below 200 MA.
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This is only my own view and not financial advice, do your own analysis before buying or...
In the chart you will find everything that i found important to the current price of the stock.
I think we will see a trend reversal if the price draws a good uptrend after the spike up.
On Tuesday(today) I expect the price to suffer from correction but this is healthy for the long term price movement.
I would wait out the correction and there will be a better...
