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$Cars.com Inc.(CARS)$📈🅱️🆄🅻🅻🅸🆂🅷🔺 I'll be opening positions on Monday trading 11Nov24 NZ 🇳🇿time. 🚗🚦🚙‼️ CARS: Full Throttle Ahead! Short-Term Signals with Long-Term Potential! 🚙🚦🚗 Kia ora Tiger traders! Buckle up because Cars.com (CARS) has just revved into gear with Q3 earnings that have everyone talking. If you’re a pattern trader with an eye for the 50-Day MA like me, this one is showing serious breakout vibes! Let’s pop the hood on what’s going on under the surface and see if CARS is ready to speed up your returns. 📰 Latest Market-Driving News • Revenue: $179.7M, a steady 3.1% year-on-year climb, meeting analysts’ forecasts. • Earnings Power: 🏆 EPS crushed expectations at $0.28, compared to the anticipated $0.06—a turbocharged 352% beat! • Dealer Growth: CARS added 540 new dealer customers, pushing their total to 19,255, giving them a 2.9% boost year-on-year. 🚗💥 🔍 Price & Technical Breakdown For short-term swing traders like us, here’s the technical lowdown on CARS: • Current Price: $18.50 • 50-Day Moving Average (Key Level for Short-Term Traders): $18.50 - lining up perfectly for potential breakout momentum 🚀 • Support Zone: $17.51 - where bargain hunters might pile in • Resistance Ceiling: $21.24 - breaking this could pave the way for major gains • Long-Term Chart Projection: The chart is tracing an ascending triangle pattern that points to a possible continuation toward $26. But for the longer road to 2025, we could be looking at even higher targets if the upward trend holds. 📈 🔥 Analyst & Hedge Fund Insights The sentiment is gearing up: • 🟢 Buy: 29% of analysts are calling it a BUY. • 🟡 Hold: 29% are taking a cautious stance with HOLD. • 🔴 Sell: Just 14% are giving it a SELL signal, confidence is clearly on the rise. Exclusive Analyst Quote: “Cars.com is tapping into niche demand, positioning itself as the digital hub for car commerce. Its consistent dealer growth reflects a strong strategic focus. Given the short-term technical setup, this stock could deliver solid gains before year-end.” - Analyst, Morgan Stanley 💸 Capital Flow & Market Sentiment • Capital Influx: There’s been an uptick in buying volume post-earnings, indicating strong institutional interest. Big money could be backing this swing setup as it nudges up toward resistance! • Trend Analysis: Cars.com’s growth feels reminiscent of early e-commerce giants before they broke out. Think of it as the “Amazon” of auto marketplaces—small now, but a powerhouse in the making. 🏎️ 🕵️ Pattern Trading Perspective This bullish ascending triangle pattern is a swing trader’s dream. With the 50-Day MA holding firm and a push toward $21.24 resistance, this setup screams short-term opportunity with potential long-term gains. If it breaks the $21 level, expect some fuel injection into the stock’s price action, possibly gunning for the $26 mark. And looking further into 2025, the trend lines show CARS could shift into higher gears! 📊 🎉 Fun Fact: Cars.com Origins Did you know? Cars.com started as a joint venture with big media brands like The Washington Post and The New York Times. It’s now a classic story of old-school media adapting to the digital frontier—kinda like seeing a vintage car with a high-tech engine! 📰➡️🚗 Hey Tiger traders, this setup looks like it’s revving up for a serious ride. Are you ready to jump on this potential breakout, or are you waiting for a dip? @TigerGPT, What’s your read on CARS? Could this stock’s engine power drive it past $21? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerPM @TigerPicks @TigerObserver @TigerStars @TigerWire @Daily_Discussion
$Cars.com Inc.(CARS)$📈🅱️🆄🅻🅻🅸🆂🅷🔺 I'll be opening positions on Monday trading 11Nov24 NZ 🇳🇿time. 🚗🚦🚙‼️ CARS: Full Throttle Ahead! Short-Term Signals with Long-Term Potential! 🚙🚦🚗 Kia ora Tiger traders! Buckle up because Cars.com (CARS) has just revved into gear with Q3 earnings that have everyone talking. If you’re a pattern trader with an eye for the 50-Day MA like me, this one is showing serious breakout vibes! Let’s pop the hood on what’s going on under the surface and see if CARS is ready to speed up your returns. 📰 Latest Market-Driving News • Revenue: $179.7M, a steady 3.1% year-on-year climb, meeting analysts’ forecasts. • Earnings Power: 🏆 EPS crushed expectations at $0.28, compared to the anticipated $0.06—a turbocharged 352% beat! • Dealer Growth: CARS added 540 new dealer customers, pushing their total to 19,255, giving them a 2.9% boost year-on-year. 🚗💥 🔍 Price & Technical Breakdown For short-term swing traders like us, here’s the technical lowdown on CARS: • Current Price: $18.50 • 50-Day Moving Average (Key Level for Short-Term Traders): $18.50 - lining up perfectly for potential breakout momentum 🚀 • Support Zone: $17.51 - where bargain hunters might pile in • Resistance Ceiling: $21.24 - breaking this could pave the way for major gains • Long-Term Chart Projection: The chart is tracing an ascending triangle pattern that points to a possible continuation toward $26. But for the longer road to 2025, we could be looking at even higher targets if the upward trend holds. 📈 🔥 Analyst & Hedge Fund Insights The sentiment is gearing up: • 🟢 Buy: 29% of analysts are calling it a BUY. • 🟡 Hold: 29% are taking a cautious stance with HOLD. • 🔴 Sell: Just 14% are giving it a SELL signal, confidence is clearly on the rise. Exclusive Analyst Quote: “Cars.com is tapping into niche demand, positioning itself as the digital hub for car commerce. Its consistent dealer growth reflects a strong strategic focus. Given the short-term technical setup, this stock could deliver solid gains before year-end.” - Analyst, Morgan Stanley 💸 Capital Flow & Market Sentiment • Capital Influx: There’s been an uptick in buying volume post-earnings, indicating strong institutional interest. Big money could be backing this swing setup as it nudges up toward resistance! • Trend Analysis: Cars.com’s growth feels reminiscent of early e-commerce giants before they broke out. Think of it as the “Amazon” of auto marketplaces—small now, but a powerhouse in the making. 🏎️ 🕵️ Pattern Trading Perspective This bullish ascending triangle pattern is a swing trader’s dream. With the 50-Day MA holding firm and a push toward $21.24 resistance, this setup screams short-term opportunity with potential long-term gains. If it breaks the $21 level, expect some fuel injection into the stock’s price action, possibly gunning for the $26 mark. And looking further into 2025, the trend lines show CARS could shift into higher gears! 📊 🎉 Fun Fact: Cars.com Origins Did you know? Cars.com started as a joint venture with big media brands like The Washington Post and The New York Times. It’s now a classic story of old-school media adapting to the digital frontier—kinda like seeing a vintage car with a high-tech engine! 📰➡️🚗 Hey Tiger traders, this setup looks like it’s revving up for a serious ride. Are you ready to jump on this potential breakout, or are you waiting for a dip? @TigerGPT, What’s your read on CARS? Could this stock’s engine power drive it past $21? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerPM @TigerPicks @TigerObserver @TigerStars @TigerWire @Daily_Discussion

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