China has overtaken the US in car production, after about 20 years whereas cars have existed for about 100 years in the States. Amazing how fast things happen. But Goldman Sachs has put the company on it’s “conviction†list . Perhaps we should have more conviction in what the E-wave signature of the stock is telling us. Here are the charts again.
Nice 5 down to slightly below 4th of previous degree (that is the bump on the way up!
Good luck and try not to think!