$GPC with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NYSE:GPC after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
0IUX trade ideas
Generate a stable cash flow from each liquid investmentThe auto and industrial parts distributor is currently shelling out a dividend of $1 per share, with a dividend yield of 2.47%. This compares to the Automotive - Replacement Parts industry's yield of 2.44% and the S&P 500's yield of 1.59%.
Its dividend may bring you cash flow, but its earnings will be greatly diminished in the future. Its technical pattern tells us we shouldn't be overly optimistic.
GPC, Capitalsahamplus Algo TradingSystem Remisier CheDin The current point exhibits upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Ratio spread to reduce cost basis with high POP. GPC is a dividend aristocrat (One of the few stocks that has increased it's dividend for at least 25 years) It is in a fairly oversold state right now having just paid out it's most recent dividend. (2.15% annual yield)
The other way to play it would be to sell a naked Put or a Put spread at around $160 but the RR ratio is not good. As it stands - the RR is approx. 1:2 (Max Risk $500 : Max Reward $1000)
$GPC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GPC after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
$GPC looking to break out of its base! Notes:
* Very strong up trend on all time frames
* Great earnings in the recent quarters
* Coming up on the right side of its ~7 month base with higher than average volume
* Creating an ascending triangle pattern (bullish)
* Printed a pocket pivot
Technicals:
Sector: Consumer Cyclical - Specialty Retail
Relative Strength vs. Sector: 1.23
Relative Strength vs. SP500: 1.34
U/D Ratio: 1.34
Base Depth: 21.15%
Distance from breakout buy point: -3.31%
Volume 14.28% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just above its 50 day line and the price printed a pocket pivot
* If you're looking for a better entry you can look for one around the ~135.50 area
* This stock usually has local tops when the price closes around 9.65% above its 50 EMA
* Consider selling into strength if the price closes 9.45% to 9.85% (or higher) above the 50 EMA...
* The last closing price is 2.6% away from its 50 EMA
CPC Genuine Parts Company - Short Setup - Excellent Risk/RewardRisk/Reward here is looking tempting. If the whole market pumps I might get stopped out, but the r/r is worth it.
GPC Potential scenariosShort-term resistance $132-142
Key levels $118-122
Target 1 $109-115
Target 2 $95-105
V bottom Earnings in AMHuge pattern. I could barely fit this on the page! Earnings tomorrow BMO!!!
GPC was cruising a long and was caught in a bearish rising wedge..seems to have recovered from the fall from the RW and formed a double bottom in the mean time.
Trading earnings can be risky so be safe..lots sell before earnings. Brave folks buy if they think the stock will beat. Thing is, sometimes even if they do beat, the stock goes down anyway )o:
Not a recommendation
Long term high is 115.20
BUY to GENUINE PARTS COHello guys, GENUINE PARTS CO is in a bearish fake movement with a large buying volume and an upside down candle. In the TIMEFRAME M1 we see a marubozu with a small explosion of sales volume executed it goes to its last low point. Which is located below the base of the bolinger to do a reversal re-test bollinger levels. And move towards the top of the equilibrium zone behind testing it Big possibility of breaking out the price afterwards the zone.
With the momentum intrude on the second zone and go to the next high. One adjustment before (TIMEFRAME D1) for (TIMEFRAME H4) after two excesses (on TIMEFRAME D1) and five highs (on TIMEFRAME H1) with one excess.
Please LIKE & FOLLOW, thank you!
GPC - Ex-Dividend Channel BottomGPC appears set to open around 84 this morning, testing the lower long-term sideways channel. Certainly worth a nibble at this level with a high dividend that appears to be sustainable.
What is the market signaling though with the high dividend? Going to buy some this morning for the dividend
reiterating eurozone and auto sector sensitivitya lot of reports related to both coming out this week, likely to confirm global slow down fears
gpc downside calendariv decently low post earnings, but likely to expand as price falls. downside calendar targeting $90. im sitting in one 2 weeks out for .1 x5
considerable euro-zone riskyou cant sugar coat these earnings. but man o man. if youre worried about trump enacting tarriffs on eurozone. this is a great hedge.
they have good exposure to auto sector (main target) within france, germany and uk. this quarters earnings pointed out the eurozone slowdown related to eurozones reliance on chinese supply chain demand. i think theres a 3-4x multiplier due to these factors. great long term hedge to eurozone uncertainties
Earnings are coming no seriously they are coming Will this triangle expand or flip before Tuesday morning? This considered as a dangerous point for the people who got in before the number that could be a bad sign but, let’s see how everyone react to the report. On the lower time frames ie your 15,30, 60, and so on. It doesn’t appear that we have a pivotal points to make supports but, on a wider range when we can get a pivotal moment that would become our second support.
Possbile long position on GPC on pull back from breakoutThe resistance level that was just broken into is also a psychological level of significance due to the fact that the price at this level is $100. This number usually hold some importance on many stocks. This stock has proven to hold this price level as an area of significance. DG (Dollar General) was also in a similar position not too long ago.
Another Look GPCLooks like things worked out. I actually backed out of that call at the last minute. Gotta stick to the plan man...
