Report
Zev Spiro, CMT
EUR 229.48 For Business Accounts Only

Penske Automotive Group, Inc. (PAG) Report – Key Level at $55, What Happens if Prices Breakout

This report highlights the development of a 1.5 year long bullish continuation pattern. It includes an actionable opportunity, and money management guidelines including trigger, price target and protective stops.

Underlying
PENSKE AUTOMOTIVE GROUP INC

Penske Automotive Group is a transportation services company that operates automotive and commercial truck dealerships and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services. The company has four segments: Retail Automotive, consisting of its retail automotive dealership operations; Retail Commercial Truck, consisting of its retail commercial truck dealership operations in the United States and Canada; Other, consisting of its commercial vehicle and power systems distribution operations and other non-automotive consolidated operations; and Non-Automotive Investments, consisting of its equity method investments in non-automotive operations.

Provider
Orips Research LLC
Orips Research LLC

Orips Research is an independent research firm that specializes in global index, sector and equity strategic analysis, focusing on trends, price patterns and relative strength. We serve technical, fundamental, and quantitative firms, providing market analysis, actionable investment ideas, and customized research. Our low-risk high-return investment opportunities place a strong emphasis on risk management by including price targets, protective stops, support/resistance levels and inflection points. We cater to our client’s interests with high touch services such as, bespoke research, analyst calls, and presentations on any name, sector or industry spanning global markets and inter-market relationships.

Our services are used to generate ideas and enhance existing research by contributing an additional data set. Our proprietary research is straightforward actionable analysis that directly contributes alpha to our client’s returns.

Analysts
Zev Spiro, CMT

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