Long entry 1274.55, Targets 1 are 1638.5 1736.8 Targets 2 are 2023 to 2229
V bottom with a flag like handle..
AZO missed revenue on 12-10. Didnt seem to affect the chart drastically..
Earnings in March..
A V bottom does not necessarily have a handle for support but AZO has formed a handle like structure that looks like a long flag. There is also a V Cup and Handle Pattern
There are no rising wedges in the yearly chart (I was surprised). NV and obv are high on hourly, mediocre on daily. Short interest is low at 2.28%. Monthly candle is a bullish hammer. Long term uptrend..not easy to change a trend (o:
Not a recpmmendation
V bottom with a flag like handle..
AZO missed revenue on 12-10. Didnt seem to affect the chart drastically..
Earnings in March..
A V bottom does not necessarily have a handle for support but AZO has formed a handle like structure that looks like a long flag. There is also a V Cup and Handle Pattern
There are no rising wedges in the yearly chart (I was surprised). NV and obv are high on hourly, mediocre on daily. Short interest is low at 2.28%. Monthly candle is a bullish hammer. Long term uptrend..not easy to change a trend (o:
Not a recpmmendation