Long

TTM: Tata Motors looks like a YUGE bottom here

Updated

I like this company, and it is trading at a discount now. Valuation is good, although not the best, but since it is so washed out, and autos are likely to gain traction, it is a good chance to pick up some shares and gain exposure to it. Risk $1.8 down, to make more than $3-5 on it over the next 3 months.

Good luck,

Ivan Labrie.

Note

Buying at the open was an instant win...adding more gradually.

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Nice action here, let's see how it manages the resistance above.

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Acting well overall, aiming for 35.69 at least.

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Yuge...indeed.
This could be a gigantic breakout in

snapshot

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Trailed stops to 36.44 and doubled longs shortly after the open.

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ivanlabrie.substack.com/

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