THO trade ideas
THO Breakout livePrice has indeed broken out of volatlity restricting pattern. Conservative target at 170.
THO BreakoutLooking at the stock through Can Slim lens and the current state suggests a breakout to the upside might occur. Will be watching closely.
Sep 27 Earnings: Thor Industries - Expenses Correction IncomingThor Industries has been on a tare recently, gaining over 40% in the last 12 months.
The company has been experiencing high demand for its products and has worked on developing new products and revamping its existing ones.
However, I believe the company's higher expenses and new market penetration costs will limit Income and Margins throughout the next quarter.
I am initiating the company with a $100 PT for the post-earnings move with a 3 month time frame.
THO at support - bullishTHO at support, doji, wait for double bottom on hourly or confirmation, bullish.
THO buy on breakoutThis is a strong company fundamentally and it is in consolidation, right now no buy but a break would offer the opportunity, earnings may cause this breakout to occur. Find stop below breakout that gives room for a test o the breakout, not too tight but not to loose.
THO Keep an eye on this one for a mid term investment!Thor Industries (THO) Looks technically very strong and fundamentally also.
There have been huuuuge volume Spikes which is a sign of institutions buying into this stock and they have not sold off yet unfortunately it is not the first base it is the third it has formed so there wont be to much potential upside.
Keep this in mind and buy on a break above blue line +10 Cent !
