TTM: Tata Motors looks like a YUGE bottom here

10 thg 5, 2017

I like this company, and it is trading at a discount now. Valuation is good, although not the best, but since it is so washed out, and autos are likely to gain traction, it is a good chance to pick up some shares and gain exposure to it. Risk $1.8 down, to make more than $3-5 on it over the next 3 months.

Good luck,

Ivan Labrie.

12 thg 5, 2017

Ghi chú

Buying at the open was an instant win...adding more gradually.

13 thg 5, 2017

Ghi chú

Nice action here, let's see how it manages the resistance above.

18 thg 5, 2017

Ghi chú

Acting well overall, aiming for 35.69 at least.

23 thg 5, 2017

Ghi chú

Yuge...indeed.
This could be a gigantic breakout in TTM

23 thg 5, 2017

Ghi chú

Trailed stops to 36.44 and doubled longs shortly after the open.