HotCharts

Bullish Charts - Robust Earnings, Electric Vehicle Technologies

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NYSE:GTX   None
Garrett Motion Inc. designs, manufactures, and sells turbocharger and electric boosting technologies for light and commercial vehicle original equipment manufacturers and the aftermarket worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers. Its integrated vehicle health management tools detect intermittent faults and anomalies to provide understanding of the real-time health of a vehicle system. The company offers its products through distribution networks. Garrett Motion Inc. was incorporated in 2018 and is headquartered in Rolle, Switzerland.

Daily Chart looks great!

Volume, Bullish
PMO, Bullish
MACD, Bullish
RSI, Bullish
Stochastic, Bullish
On Balance Trending Up, Bullish
Accumulation Trending Up, Bullish

It looks like the stock price broke out above the cloud at or around the $5.73 range.

On 05/11/20, the company announced a huge spike in EPS.

Q1 EPS $0.91, Sales $745.000 Million, Beat $664.040 Million Wall Street Estimates

This one sentence sums up why the company is seeing a surge in revenue and earnings...

"Garrett Motion Inc. designs, manufactures, and sells turbocharger and electric boosting technologies for light and commercial vehicle original equipment manufacturers and the aftermarket worldwide. "

The electric vehicle industry is red hot!

Long!

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