Investor must learn when to book profit. AAP peaked around $250 and now trading at the level it traded in 2013. 10 years of investors wealth is now wiped out. You must learn when to exit and book profit.
Analysis AAP will UP, for TF 1 D, there will be a big gap, this stock will experience an increase.
Easiest long of all time back to the 50% retracement after an extreme move to the downside Indicators look bullish while price action may remain bearish currently it is in accumulation based off Wyckoff, we returned to the supply zone.
Earnings miss. It must have been a significant miss. Possibly undervalued here but even dirt can get cheaper )o: No recommendation. Price is at a support level. 52 Week Range 72.68 212.25 Day Range 72.68 80.81 EPS (FWD) 10.62 PE (FWD) 10.56 Div Rate (FWD) $6.00 Yield (FWD) 5.35% Short Interest 3.61% Market Cap $6.67B
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 124/61.80%
The pole is Down so this is a bear pennant, but it is still a neutral pattern until the top or bottom line is broken. This was in a horizontal trading zone/rectangle/that broke to the downside. Some would use the pole and extend it from the point of the break to the downside to calculate targets. This just looks cheap/undervalued to me, but even dirt can get...
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine...
The daily chart shows a potential Wolfe Wave. It's not active, the upper line has to be broken on daily basis to activate the turquoise target line. Note that even if the pattern will be executed, in advance the share price may retest the level of the 5 or get even lower in the undershoot area. The pattern is long running.
Bullish on AAP (advanced auto parts) . Charts looks like a bottom of the channel reversal, indicating an up move, in an overall down trend. This is based upon bullish daily candle formation as well as weekly TTM squeeze histogram. On the daily chart , we have Inside and up candles, and a TTM squeeze that fired. On the weekly chart, you have a shift from red to...
BLUF: 20% swing for 2 months at a 5% risk with the potential for a trend breakout. Whether or not you "believe" in a recession in 2023, the idea of one on the horizon should alter how we pick stocks. Jim Cramer has been pushing bargain retailers for months and TJX is up over 40% since May of 2022. Taking the idea of a recession and the movement of money into the...
Extraordinary confluence of level in th cluster: 138.2 - 138.8. The identified level, especially 8/23, worked in the past a couple of times. The angle 2x1 on Monthly basis is supporting this idea. Entry price: 138.23 Limit order SL: 135.47 TP: 176.62 RR: 13.9
Plotting future price action with the bars pattern tool I have plotted two scenarios, one in green that takes off in the sharper up channel And the second one in white where price rolls over and breaks down to the middle of the white channel This second scenario is the less bullish of the two Weekly chart
Both situations have a break out from a semi downward channel The first led to a bull run The second is yet to evolve into its bull run mode White line is 200MA
earnings watch 5/23: AAP ESEA NLS NIU XPEV API HEI ZM CRMT TBLT Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt...
Very wide head so difficult to visualize. Break of neckline which was strong support and now resistance. No recommendation. Possible targets 1 in larger orange type. Possible targets 2 in smaller type of targets 1 are passed. Be safe//Laura
Bearish breakout : Entry price 188.59 Take Profit 155.83 Stop Loss 209.63