KAR @ 18 NOV 2021
Text me if you have any questions/comments for me.
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KAR
- First time doing an analysis on KAR
- Stock doesn’t have a good history of uptrends
- The good uptrend only started during the covid pandemic in March 2020
- The recent retracement back to the short-term support could provide a good opportunity for entry
- A successful rebound look to be around 1.88 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
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KAR
- First time doing an analysis on KAR
- Stock doesn’t have a good history of uptrends
- The good uptrend only started during the covid pandemic in March 2020
- The recent retracement back to the short-term support could provide a good opportunity for entry
- A successful rebound look to be around 1.88 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
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