Technically, the security is in a negative configuration in all time frame as the bearish trend of 20-day moving average, currently at USD 15.7, shows. The USD 12.44 support is an opportunity to create a reversal movement on the stock in order to reach the first daily resistance (USD 13.9).
Therefore, the proximity of the USD 12.44 support is an opportunity to go long on American Axle & Manufact. Holdings. The first goal is a return in the USD 13.9 resistance area, that is a potential of 8%.
In fact, the security has to cross this area in order to re-establish a bullish trend in the mid-term. A stop loss order can be placed under the support currently tested.
American Axle & Manufacturing Holdings, Inc. is an automotive and mobility supplier. The Company designs, engineers and manufactures driveline and metal forming technologies to support electric, hybrid and internal combustion vehicles. The Company operates through two segments: Driveline and Metal Forming. Driveline products consist primarily of front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs), passenger cars and commercial vehicles. Its Metal Forming products consist primarily of engine, transmission, driveline and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets.
AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. 
