VISTEON - BEARISH SCENARIOVisteon Corporation is an American global automotive electronics supplier and Fortune 500 company spun off from the Ford Motor Company in 2000. Visteon is composed of multiple businesses that design, engineer, and manufacture vehicle cockpit electronics products and connected car services
The company managed to recover more than well from the 2020 stock crash
For the past 2 years, the company brought almost 300 % return to the investors.
Near-term correction is expected after the breakout of the triangle with a price target of $ 130
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