1. CARS is in Phase 11 of the Adhishthana Cycle with consolidation signals. 2. The stock dropped from $20 to $9 after a breakdown in Phase 9. 3. CARS is currently in Buddhi Move, but its bullish potential remains unconfirmed. 4. Investors are advised to wait for structural confirmation, likely post Phase 14. 5. CARS appears undervalued but lacks clear upward trend indicators right now.
The stock's recent decline from $20 to $9 indicates strong selling pressure. Historical downturns, such as prior similar technical breakdowns, often lead to prolonged periods of low performance.
The article's insights on CARS' current phase and potential future movements are significant for adjusting investment strategies. Understanding these cycles is crucial for investors who are considering entry or hold positions.
Key structural shifts are expected from Phase 14 onwards; until then, recovery seems improbable. Similar historical patterns suggest prolonged consolidation periods could delay potential price increases.