STLA

 

STLA Stellantis N.V


Stellantis NV engages in the design, manufacture, distribution, and sale of vehicles. It offers its products under the Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall brands. The company was founded on April 01, 2014 and is headquartered in Hoofddorp, the Netherlands.


Everything was very tight with excellent coils under turning higher a couple months ago, mid Oct. Position was opened Nov 1st, with adds on 3rd, 7th, 10th, 13th, 14th 20th and 28th. 

Fairly quiet name. Financials are excellent with 2x rev and income in 2023 compared to 2022. At the time it was back at 2021 and 2018 prices despite having 3x as many sales. Its sales are also 1.5x market cap so clearly an undervalue play. Income is a little less than a 3rd of market cap. 

TSLA is the only other name that beats the fundamentals here. Other than that, it is nearly 1:1 with TSLA. 

Avg In 19.60
Stop 19.
ATH 25

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12/15 Weekly

Trend continues on, it is due for a pb but no cause for concern. Expecting this to break new ATH and this is a hold for a long while trade. Until negative earnings comes out and current trend breaks, I have no reason to look to exit this. 


Queries look great, around 75% Qtr green. Avg return about 6%. Avg Green Monthly return 10% and Qtr at 20%. Weekly 5% as well.

That puts us at 25.80 on Jan 15
                        28 on March 15
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12.24

Range week. D 9ma caught up and held. W 9ma still a ways away. Nothing notable. Looking to flag out above 22 for a move to ATH. 

Queries are still excellent. Nearly all next Q above 73%. Nothing red at all. Let it ride.

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12.30

Continues the trend hold higher. Queries still excellent and good edge to green. No issues at all here. Made great move but not super over ext. One of the cleanest charts out there. 

ATH still a point and a half out. No reason to cut anything yet. 

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1.5



Pull in, very clear TA around 22. 9wma goign to touch, testing big 52wk hi. Reasons to hold are here. Big vol increase as well without dropping more.


Queries still good. Reasons to hold are here.

Stock does not like the big red -5D and-W%. 35% close green on Q.

Stop at 21.65

1.13

Basing at 22.20 ish. Tough action to read, but gotta let it base still. 50dma will be in play soon. 9wma touched, Stop the same. 

Queries average out to green, but performance breaking trends to negatives. Need to be cautious here, this week is a make or break type, Really needs to hold 22. 

1/28

Had a gap down 1/16 that wsas bought up. Slowly trickled lower. I believe TSLA leading cause of this move lower right now.

Has not given me a clear reason to cut. I just cant seem to find a reason to sell this yet. Im still up a point on the name so if anything given all numbers and stats, this is chance to add.

And I did on friday. Clear vol prof zoen  to trade off of, when we got above I added on tick higher at 21.28. Will add more on 21.33.

20wma also almost touching. Clear reason to add. 

20.50 stop.

2/4

Big rip with huge vol increase. I did end up adding once, would ve like more but this thing took off in a hurry. 

Queries love it. Lots of 80-100% green closes.

MFE
M +9%  25.15
Q  +17% 29

MAE
M -6%  21.70.

2/11

Strong move. New highs. .50cents from ATH. Increasing vol. Industry super strong with good breakouts. 

Now the bad part. ATH seems very likely but we have a rising channel TL also going to hit there. THe queries are barely green. Too far too fast. 

Frequent dates show a lot of tops. I should expect a top here as well again. 

1 instnace on frequent dates led to a para +80% move within 2 months. Was also near ATH but had a much tighter monthly chart. 

Q% also near a frequnt top. There are a lot of signs here. M and W has room to turn up still. Weighing options were either at a top, or ready for a para move. EIther could happen id like the latter. 

2/23

Still havent taken partial.

Discovered this weekend we are near 1:1 with other foreign auto makers. 

We are also at a MM from23.66-21, a top rising TL and with query shifting red, partial needs to be taken soon. 26.20 for now.

History clearly saying we are nearing a top.



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