Engindzhan

Honda Motors - Probable trend reversal

Long
NYSE:HMC   Honda Motor Company, Ltd.
In the chart you will find everything that i found important to the current price of the stock.

I think we will see a trend reversal if the price draws a good uptrend after the spike up.

On Tuesday(today) I expect the price to suffer from correction but this is healthy for the long term price movement.

I would wait out the correction and there will be a better entry for LONG position.

I am not financial expert nor advisor, please make your own decisions and do your own analysis!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.