$MPAA MOTORCAR PARTS OF AMERICA BUY BUY BUY

Guys.

The director bought, the previous low that sent price up held.
There is tons of reasons to buy this but the #1 reason is MURRICA & HORSEPOWER BABY

On Market Cypher B the selling is waning and the low held, this means up.

Note

closing over $6.2 teleports price to $7.8

Note

500francs in disbelief i continue buying bottoms on this

Note

I accident posted some updates in the previous idea.
here it is.

I been lucky enough to chart and buy multiple bottoms like this, as well as sell some tops. Great price action.

Note

inverted chart.

technically, the up move can be finished as it's done the thing required,
new low lower than the low that sent it up.

need to hold around $5.5-5.3 range on a inverted pump or else it will go for a new local high above $4.6ish

Note

inv.

reg

needs to lose white horizontal lines to test levels of interest below.

I'm cautious with this because I could see sophisticated actors within the space pushing this below $5 to generate liquidity, force participation and generating more.

Note

Love to see the dudes supporting their thing.

I got more than better entry than everyone reported so far 😊

Note

watching for a retrace to reload

Note

Update on 18th top call.

Note

I've exited this fully.
The LTF price action looks bad and there is failures to gain levels above with poor levels below to be mitigated.

Note

pay close attentions to the charts I post, because I don't care to annotate if they are inverted. And I prefer to see bullish price action because I like to buy lows.

Note

HTF looks good but it looks very bad on intraday.
I didn't even wait to lose a level to get stopped out or close runners on this.

I'm fine missing some of the move up if it goes up without me.
Looking for a reaction (PRICE ACTION BOTTOM to gaining levels lost) at the levels marked.
Without a quick reaction mid $5 I'll be looking for the local inverted high to be taken

Note

losing 6.2 sends to 5.2

I'm not bidding that again.

UnknownUnicorn29592158

Related publications

MPAA pre earnings Long to failure

by UnknownUnicorn29592158

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.