martes, 22 de abril de 2014

STOCK ANALYSIS AXL American Axle & Manufacturing 04/22/2013 last price 18,10$

STOCK ANALYSIS AXL American Axle & Manufacturing  04/22/2013.

Hi guys, how you doing?
I had a great weekend... But it´s time to do another analysis.
Today I want to analyze AXL a company which operates as a supplier to the automotive industry. The consensus average target price is 21.90$.
Let´s see the technicals:
Supports and Resistances:

S1: 15.99 S2: 17.29 R1: 18.88 R2: 19.92
The RSI is at 46% and crossed the 50% the 04/04/2014.
The MACD is very close to the signal and it´s probably today will cross the signal.
The Stochstic is going up at 55%. In my opinion it will change the direction in a short-term.
The DMI: +DI is below the -DI.
The AVG 200 is at 18.46 and the price is moving below the bollinger avg but very close. As you can see in the chart the price is inside a wedge.
The buy interval is [16.85$;17.76$]. I expect for  little correction so beware to open large positions.
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Remember to analyse the technicals before opening positions.

Once there we should look for this targets:
TG1: 17.87$
TG2: 18.42$
TgExt: 19.29$
I leave you the Chart. Have a nice Day!!:)