1H Hammer, 4H in PB&J, Monthly at Yearly Pivots S3 and 127.20 extension support (currently Doji), Daily bullish divergence. Daily Trading The 9 strategy long.
With current issue on tariffs between EU & China - it will be a daring move to buy and European Car stock. It is hard to predict how those discussions will end given the current shift in the EU political landscape. DAX broke records but P911 was on a downtrend forever. Profitable, dividend play. If to chose any EU auto stock RACE (Ferrari) STLA and Mercedes would...
Porsche shares are currently forming the bottom of the magenta-colored wave (b) and should soon be gripped by new bullish momentum. Subsequently, we expect a significant rise that ends the (corrective) wave B in turquoise.
Porsche 26 of April 2024 reported its revenues and earnings. Will help us these reports consider whether XETR:P911 is worth at this price ? Let´s have a brief look. 1. earnings positively surprised us, 3.94% exceeded its expectations. ✔️ 2. revenue´s stayed behind expectations by 3.96% ❌ 3. hikes dividend amount to 2.31 per share ✔️ 4. launching four new...
Last year in September, we analyzed Porsche's stock following its 2022 initial public offering. At the time, we noted Porsche's shares had great prospects in the long term and viewed a potential pullback in price as a great opportunity to buy this stock at relatively reasonable prices (judging by Porsche’s performance during its short life span on the exchange)....
Trading at 87.5% below our estimate of its fair value Revenue is forecast to grow 35.64% per year Trading at good value compared to peers and industry Risk: Negative shareholders equity Has less than 1 year of cash runway Currently unprofitable and not forecast to become profitable over the next 3 years Volatile share price over the past 3 months Polestar has...
Full year 2023 earnings: Revenues in line with analyst expectations Full year 2023 results: Revenue: €40.5b (up 7.7% from FY 2022). Net income: €5.16b (up 4.2% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue was in line with analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a...
Volkswagen’s shares have been on a downward trajectory for about three years now, dropping by more than 50%. However, after finding a bottom (presumably) in October 2023, the company’s stock has been ticking higher and forming an upward-sloping channel. While it is yet to be seen whether these shares have really bottomed out, certain developments might boost the...
Porsche (PAH3): XETR:PAH3 Our analysis of Porsche Automobil Holding focuses on the stock's price movement since the lows during the COVID-19 crisis at 28.48 EUR. Since then, Wave (1) in blue has expanded to 102 EUR, currently serving as a local high. Subsequently, a remarkably unusual and complex Wave (2) has been observed, which appears atypical at first...
Porsche (PAH3): XETR:PAH3 Our analysis of Porsche Automobil Holding focuses on the stock's price movement since the lows during the COVID-19 crisis at 28.48 EUR. Since then, Wave (1) in blue has expanded to 102 EUR, currently serving as a local high. Subsequently, a remarkably unusual and complex Wave (2) has been observed, which appears atypical at first...
Although founded in 1948, Porsche became a public company in late September 2022. Initially, the company started to float on the market with an opening price of €84. However, shares rose as high as €120.80 in the coming months. Yet despite these impressive gains since the IPO, shares of the company began to decline in May 2023, losing about 20% of their value...
Porsche has two stocks! The first is P911 and dates back to the IPO. The second is Porsche's historic stock. I bought PAH3. P911 is the stock from the IPO. Porsche, one of the automotive manufacturers with one of the highest profit margins per car in the world. After RACE, Ferrari, it's Porsche, it seems to me. This stock has returned to its IPO...
Porsche, one of the automotive manufacturers with one of the highest profit margins per car in the world. After RACE, Ferrari, it's Porsche, it seems to me. This stock has returned to its IPO price... Undervalued in my opinion. - Price-To-Earnings ratio (12.9x) is below the German market (16.1x) - Earnings are forecast to grow 5.77% per year - Earnings grew by...
The Porsche Holding share price is approaching the 78.60% retracement of the magenta target zone between €56.44 and €36.61. Here, we expect the low of the magenta wave 2, which has been dragging on since 2021. With the low formed, a reversal should then take place, and the price should rise well above the resistance at 60.18€.
My trading idea for #Porsche AG SHORT/SELL Entry: 115 EUR Target: 103 EUR (+10%) What goes up must come down!
One of the iPOs that I've tracking, and following a standard pattern. Together with a short term (or likely more) top in EU indices, we should see this go much lower after the initial move liquidating early shorters and now FOMO buyers. Red line is stop loss, Green lines are TP1 and 2, respectively. GL
Today I analyzed Porsche Automobil Holding's symbol on the stock market. It was still in a downward trend for a long time frame, But the price has a correction and can respond to each of the two trend lines. So we can see a new bottom. So you should look for a suitable entry zone for Sell. However, it is far that the price will reach the trend line further; the...
Instead of stepping on the gas pedal, the Porsche stock corrected as soon as it touched our tourqoise target zone. We predict that the course continues to drop into the red zone between 56.44€ and 44.06€, until it completes the red wave (2). Following the correction, the trend should head towards the resistance at 69.20€. In an alternative scenario with a 35%...