AML - Aston Martin - WATCHLIST -
Added 2024-06-03 12:37:09 +0000 UTCI am always looking for strong branded companies which have been suppressed for a long period of time and now moving in a manner which suggests a reversal is possible.
Technically this has been moving well in this descending wedge but still at risk of drifting lower in this wedge until there is a breakout, so right now there is no buy ......but a breakout of this wedge would also mean a breakout above the 200 Day MA too, so this is a strong resistance level, so converting this level to support will mean that a reversal is underway and I have added in the Targets above if this can happen.
The targets are showing a significant return so I will keep this on my watchlist incase there is a breakout.
Comments
You can buy it on IBKR
Simms327
2024-06-04 07:46:26 +0000 UTCGood read here. I was formerly invested in 2020, doing research of maybe starting a position again. Question is if Stroll‘s claims can be trusted (Cashflow positive by q3)
Matt
2024-06-04 07:26:57 +0000 UTCAston Martin gets a boost from Formula 1 and new high-performance models https://www.cnbc.com/2024/05/31/aston-martin-formula-1-new-models.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Matt
2024-06-04 07:25:37 +0000 UTCARGGY is what the ADR comes up for me on Schwab, fwiw. It's significantly cheaper
Spryseer
2024-06-04 03:08:23 +0000 UTCCap.. I donot think AML is offered on most platforms for trade? Any recommendations on which platform is it available in US? I did not see it in hood, chase and merill
Ramesh Ayyagari
2024-06-03 21:04:27 +0000 UTCAlthough I do not have the status to request a chart, you might also consider P911 (Porsche) - it fits your description of a strong branded company that has been beaten down.
Simms327
2024-06-03 12:40:53 +0000 UTC
