ALSN - Target $51
- Looks like 5 of V is unrolling.
- Retested supported and bounced up.
- Tremendous confluence found at $51.
- Tight stoploss right below $45
In general, ALSN is a good company with good short-term outlook.
{
"info": {
"close[0]": 46.19,
"marketcap (
BIL)": 6.25,
"name": "allison transmission holdings, inc.",
"sector": "capital goods",
"industry": "auto parts:o.e.m.",
"country": "united states"
},
"val": {
"peg_k": 0.10227025,
"fp2e_k": 10.42663657,
"p2e_k": 13.74702381,
"p2e": 10.08515284,
"p2bv": 10.35822259,
"p2sales": 2.53509663,
"p2fcf": 8.69782191,
"ev2ebitda": 10.25200634,
"ev2ebitda_k": 12.806875
},
"val2_k": 39,
"val2_q": 29,
"qual2_k": 41,
"qual2_q": 56,
"qual3_k": 26
}
- Retested supported and bounced up.
- Tremendous confluence found at $51.
- Tight stoploss right below $45
In general, ALSN is a good company with good short-term outlook.
{
"info": {
"close[0]": 46.19,
"marketcap (
BIL)": 6.25,"name": "allison transmission holdings, inc.",
"sector": "capital goods",
"industry": "auto parts:o.e.m.",
"country": "united states"
},
"val": {
"peg_k": 0.10227025,
"fp2e_k": 10.42663657,
"p2e_k": 13.74702381,
"p2e": 10.08515284,
"p2bv": 10.35822259,
"p2sales": 2.53509663,
"p2fcf": 8.69782191,
"ev2ebitda": 10.25200634,
"ev2ebitda_k": 12.806875
},
"val2_k": 39,
"val2_q": 29,
"qual2_k": 41,
"qual2_q": 56,
"qual3_k": 26
}
Note
Bearish arguments:- Weekly chart looks very bearish.
- Consecutive & confluent bearish divergences
- Price hit yellow trendline and bounced back.
- 2 upside long tails
Trade closed manually
TP
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.