Author: Tara Young, Trades Of The Day

An increase in hedge funds holdings, an increase in delivered vehicles in January year-over-year, and general optimism around the recovery of the Chinese economy are catalysts that could send shares higher.

If it hits our buy price, our target potential upside is 6%-11% in the next 3-6 months.

Our target potential upside is 14%-23% in the next 3-6 months.

In a months long downtrend channel, shares recently broke out and are headed higher.

It’s trading higher with high volume and looks poised for a breakout.