SouthFutures

Another possible Breakout with AEO

Long
SouthFutures Updated   
NYSE:AEO   American Eagle Outfitters, Inc.
AEO came across the scanner tonight and I like the look of the set up. I am watching for a possible breakout to the upside, with a target of $22.14-$22.45.

Another setup to watch closely. If the price falls below the lower support line than the trade Idea is void.

Lets see where this one goes.

Everything here is purely my opinion, and in no way advice or recommendations on making trades. I may or may not hold positions in the instruments I analyze.

Cheers,
Les
Trade closed: target reached:
Target reached, stock broke out. Great breakout. Could keep going but for this ideas purposes it is over. Thanks!

Les

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