$THRM Flag SetupReporting earnings tomorrow before the bell. Could be the catalyst to set the next leg higher into motion. Gentherm been basing in a flag type pattern on its 50 MA. Gentherm Inc (THRM)- MANUFACTURES ELECTRONIC VARIABLE TEMPERATURE SEAT CLIMATE CONTROL SYSTEMS FOR AUTOMOBILE OEMS.Longby TaPlot1
$THRM #bullish #breakout from #wedge on weekly #chart$THRM stock price made an intermediary top back in SEP'18 and since then it has traded downwards inside a nice wedge After a failed move it has managed to breakout in OCT'19 Result that came out at the end of OCT'19 were not great and the stock has retested the breakout , but the price action held above and now the stock has resumed the uptrend MACD and RSI very supportive of the move higher as per chart Targets are: T1 - top of the wedge at 50.30 T2 - measure move of the breakout from the wedge at 54.10 Good luck, TA Longby RA_CapitalUpdated 3
THRM approaching its 52 week highIf the market stays strong we will make new highs in the next few weeks. I'll add to my position if we close above the 52 week high Longby WolfCOO0
THRM approaching a big supply zoneKeeping an eye on THRM the market is providing conditions to test a new 52 week high but where a little far off. I think we might get some opportunities to buy in the next few week before breaking through the supply zone. Overall the fundamentals of this company are on point net profit and revenue are up. Longby WolfCOO0
THRM Strong Financials and institutional supportTHRM I have been long since $ 42.74. I like this stock because of its growing financials. I feel the beginning of a bullish flag pattern so I will be taking profit and adding to my position on what I labeled as the " Demand Zone" created by the window form Aug 10-11. If it breaks the rising window I'll exit the position, If my projection follows I think we can test the 52 week high soon.Longby WolfCOO0
THRM holding strong on some strong down days. THRM, good earnings , good institutional sponsorship 5 day crossing the 9 and 10. I have my stop at the low of the hammer candle of July 31, 2014 Longby AmirReiter0
THRM Strong Earnings Bullish Engulfing CandleThis stock has a 99 composite rating with IBD. They make money which is the most important thing. I'm buying the dips and waiting for confirmation of a upward trend. But this thing could easily tests its high even with the broader markets trading sideways in AugustLongby WolfCOO0