2024/12/13
Daily 4XSetUps - Nothing New In The West, In BMW Price Action
“the share price has risen massively in the last few days!
were those the lowest price? will the stock fall back?”
Job cuts, factory closures, relocations abroad: the mood in the auto industry is at a low point here in my country of birth and/or home country Germany. Hardly a day goes by without another Old Testament bad news - a new impending New Testament Armageddon. The rigorous savings plans at
VOW3, for example, have already led to loud protests. Warning strikes, thousands of employees on the streets, turbulent company meetings: there is no word of this from 
BMW . How is BMW doing? What differentiates the group from its competitors? Will it be easier for BMW to get out of the crisis? And what role do the Quandts play as major shareholders? I don't know! But it seems that in the public perception BMW is more risk-averse than VOW3 - in which politicians always publicly interfere (at least in our German media). But without going into detail at this point about the adventurous image of Elon Musk and his 
TSLA share, who now seems to be something like the best buddy of the new old US President Donald J. Trump. Rating in comparison to competitors in the automotive industry 
P911 is a real outspoken insider tip. Because the share performs and performs and performs without much public attention. But I don't have this stock on my watchlist like the BMW stock has for days, weeks, months - even years, to stay honest. And that was actually the real reason for me to formulate another long BMW 4XSetUp in the case of the long BMW share. Because in contrast to the aforementioned competitors from the automotive industry, BMW seems to me, even from a fundamental point of view, like an undervalued silent person in everyday business that cries out to grow out of their fundamentals undervaluation. And the chart currently seems to visualize this. So breathe out, cross yourself three times, and don't give up hope when it comes to the price action of BMW ! The year 2025 could go better than we all (cannot) imagine today! And that's what I'm assuming - especially thanks to Trump, his best buddy in public Elon Musk! Which should then also pull BMW shares up - due to the more than undervalued fundamentals.
“The people who work for you should constantly challenge you,”
Ray Dalio
€81.84 : 2024/08/02 - Last Bearish GAP Intraday Low
€80.80 : 2024/08/05 - Last Bearish GAP Intraday High
€80.68 : 2024/12/13 - last price action
€77.28 : 2024/10/10 - Intraday High QR Release
€68.58 : 2024/10/10 - Intraday Low QR Release
Anyway, from the technical pov (point of view) we
BMW bulls have to face the selling pressure based on the last quarterly results. And that is even the price action between €68.58 EUR and/or €77.28. Wait - and hope - that the price action will trade above again. And then aims for €80.80 EUR and/or much better back above €81.84. Because with a price action above €81.84 we would have a great trend reversal formation. And that over several weeks,and/or even months, during 2024. What would be great unthinkable hopefully for next year 2025! But don't get too euphoric - enjoy the Christmas time. And let us hope that we don't fall back under €66 again. So let us once again wait and see - treat yourself to a coffee every day. And/Or also take a look at the BMW shares back again. Because whenever we should reach €85, the world should look more promising in 2025 than we can imagine today! But is that a thing of the future? So as already written: wait - and don't lose hope. And don't lose your patience! Operate with stop prices - even if they are stopped out. Just like in the long BMW 4XSetUp before. And should we be stopped out again? Then that's it! Should the stock fall below €66? Then that's it! Shouldn't the shares come back? Then that's it! Therefore, always operate with stop trips & target prices & always only a percentage of your total portfolio value. But I don't want to worry you - on the contrary. We had a good start to this long BMW 4XSetUp! Better than I could have originally imagined. So we'll wait until the end of 2025 for the price action - and then we'll see! So nothing new in the West. The BMW shares a sporty, dynamic, fundamentally undervalued turnaround story for the year 2025. While 
MBG for example, would be an even more conservative alternative from my home country Germany, my birthplace Stuttgart. Like the P911 shares, which have already done very well this year 2024! 2025? I don't know!. Like Elon Musk with his TSLA shares. Its share price rises and/or falls the fastest in the entire auto industry! Our frontrunner - and now best friend of Donald J. Trump. Therefore, you should have at least one automobile share in your depot for the year 2025! Which? How much? For my sake also French? And/Or Italian? Let alone Japanese? That depends on your risk-reward willingness! I assume that the automotive industry will get a tailwind in 2025 - due to the fact that Musk is likely to be one of Trump's best companions in 2025. But will stocks still benefit from this in 2025? Or is everything already priced in for 2024? I don't know that! However, that's what this long BMW 4XSetUp is aimed at.------------------------------------------------
€86.06 : 2025/06/30 - Target Price
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€80.68 : 2024/12/13 - last price action
€71.88 : 2024/12/02 - Entry Price
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€66.00 : 2025/06/30 - Stop Price
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With best wishes
and with good intentions!
Aaron
“daily 4XSetUps - …” is pure information material!
By trying to give you even more information about some trading capabilities to trade and/or invest in some securities. This post is not a call to action - it only provides information. You decide (not) to decide. Even if I am writing daily 4XSetUps with concrete entry prices, target prices and/or also stop prices! It is like it is - like I said; You decide to respond to the analysis I just formulated to buy, to sell, or to do nothing! More information about my approaches to investing in something specific or just trading it, or even just describing it, can be found in the daily "Another 48h - DXY ...! Analysis Post. Where I try to track the price action in
DXY every day so that we learn something new daily.
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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.