$Valvoline Inc(VVV)$ π π ±οΈ UΝ LΝ LΝ IΝ SΝ HΝ πΊ
π’οΈβ¨ $VVV ~ Turbocharged for a High-Octane Move! πβ½ Beauty Set-Up Alert π¨π’οΈ
Kia ora Tiger traders!
Valvoline ($VVV) is looking sharp with this textbook ascending channel and strong institutional backing. π State Street Corp lifted its holdings by 0.4% to 4.1M shares, now holding 3.18% of the company. Other big names like Point72 Asset Management also doubled down, showing confidence in Valvolineβs trajectory.
π Key Levels to Watch:
β’ Support: $38
β’ Resistance: $45 β $50
π‘ Why itβs Moving:
β’ Institutional Confidence: 96% of the stock is held by institutions.
β’ Q3 Strength: Hedge funds and asset managers are buying aggressively.
β’ Strong positioning within the basic materials sector.
π Fun Fact:
Valvoline, founded in 1866, produced the first-ever motor oil! Over 150 years later, itβs still driving growth.
With this beautiful set-up, $VVV looks primed to cruise to new highs. π
Hey Tiger Traders, whatβs your take, breakout to $50 or more on the cards? π’οΈπ
Happy trading ahead! Cheers, BC πππππ
@Tiger_comments @TigerPicks @TigerStars @TigerPM @Daily_Discussion @TigerGPT
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Valvoline Inc (VVV) has been experiencing some movement lately. Here are some key points that may explain the stock's recent performance:
Institutional Confidence: 96% of the stock is held by institutions, indicating strong institutional backing and confidence in Valvoline's trajectory.
Q3 Strength: Hedge funds and asset managers have been buying Valvoline aggressively, indicating positive sentiment and interest in the stock.
Strong Positioning Within the Basic Materials Sector: Valvoline's strong positioning within the basic materials sector may be contributing to its positive performance. The company has a long history, being founded in 1866, and it continues to drive growth in the motor oil industry.
However, it's important to note that there are no specific news articles available at the moment that directly explain the recent movement in Valvoline's stock. The movement might be influenced by stock capital flow.
In terms of key levels to watch, the support level is around $38, while the resistance levels are between $45 and $50.
As always, please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it's important to conduct thorough research and consider your own investment objectives before making any investment decisions.
Happy trading!
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