- summary:
- Despite waking up from the new customs tariff news about auto imports in the United States, Robinhood, Winnebago and Tesla prices can remain wake up.
The stock markets have been hit by other unpleasant news, this time in the form of an introductory raising of 25 % on car imports in the United States. However, there is a good reason for the stock prices Winnebago, Robinhood and Tesla to go against grains.
Timing
The price of Tesla on a recovery track last week was nearly 17 % in the last five trading sessions. This was not only building strong emerging feelings on stocks, but also helped him break the simple moving average 10 on the daily chart. In addition, it trades higher than the weighted moving average (VWMA) to this writing.
The bullish trend of the stock is driven primarily by obtaining initial approval to start testing its independent cars in California. However, US President Donald Trump’s announcement of a 25 % tariff for car imports may complicate matters for the giant EV, according to CEO Elon Musk.
Trump’s tariff plan aims to protect US -made vehicles from external competition, but can attract reprisal anti -anti -tariffs. Many car manufacturers are concerned that their production costs can increase significantly, reducing the intended gains.
All stock prices in General Motors, Ford, Toyota and Honda decreased by 2.5 % or more in the first hour of trading on Thursday in response to the tariff news. However, Tesla (nasdaq: tsla) is likely to overcome the storm and ride the Robotaxi license momentum in the short term.
Tesla’s share price predicts
Pivot: TSLA Power Prices at $ 284
Resistance: The initial resistance is likely to be $ 293, as the next barrier will be at $ 302.
Support: The stock price is likely to find the first support at $ 272, after which the upscale bullish narration will be invalid. The strong momentum below Tesla’s share price can pay a lesser test for $ 263.
Winbago
Another shares linked to the auto industry that is likely to follow a contradictory path despite the current pressure on car shares. The stock had risen at the opening of the markets, as investors’ reaction to a better profit report was expected.
Winnebago (NYSE: Wgo) recorded a net loss of $ 400,000, much less than the expected number of analysts of $ 12.7 million. In addition, its revenue for a quarter reached 620.2 million dollars, a decrease of $ 703.6 million in the opposite quarter last year, but above 617 million dollars.
It has a favorite position due to its focus on entertainment vehicles, which is a specialized market where it has a strong ability. This provides the price of Winnebago’s shares more softening in the face of an imminent cars.
Winnebago predicting stock price
Winnebago axial stocks at $ 32.32. The upward trend will prevail if the stock remains above this level. On the contrary, the collapse below will turn the momentum into the negative side.
Resistance: The initial resistance is likely to be at $ 37.47. The second resistance can come at $ 39.00
Support: WGG’s price is likely to find initial support at $ 34.70. The upscale novel will be invalid if it ends without this level. The control extended by sellers can see the second support comes at $ 33.90.
Robinhood
The Robinhood share price was bounced after the company announced its project in managing banking services and wealth management. The stock increased by 1 % and traded at $ 45.17 at the time of writing this report.
The company announced on Wednesday that it launches Robinhood Banking, which provides traditional examination accounts and provides luxury features as well as Robinhood strategies, which provide wealth management.
Wealth management service is available for its excellent “gold” subscribers and attracts 0.2 % fees at $ 250. The news is a continuation of its development from an application that focuses on young people to criticize “Gaming” to a huge institution targeting the broader financial services. For investors, which are translated into a broader revenue base, which are well tested for the price of the bullet.
Robinhood share price prediction
Price Rubnevol shares at $ 44.50. Working above this level indicates the rise. Otherwise, sellers can control
Resistance: The first resistance at $ 46.10, which is likely to be the next barrier at $ 47.46.
Support: The first support is likely to be at $ 43.70, after which the list of the upward trend will be invalid. The second support is likely at $ 42.85
