AAP is oversold and will have short-term bounce. Buy AAP at $137 for short-term bounce.
Advance Auto Parts - Long setup bouncing off trendline. ER end of May upcoming.
I a stock on this week's watch list if you look back at the last 4 downward channels you will see they reverse hard and leave big candles. I would watch for this again for an entry. This Friday candle also qualifies for a reversal in that we took out the lows and closed in the upper portion of the candle. Co-Best Bet with VZ
Classic Head and Shoulder formation. AAP was in a great business till a) Starboard took hold of the board, and b) Their market started disappearing to online retailers. c) Newer E-cars require much less of this d) Their inventory and margin issues are still unresolved. And these are tough things to resolve. You either get them right from beginning (Walmart,...
Triangulo ascendente AAP velas de 4h, indicador bandas de bolinger, MA, EMA, Stoch, hay que esperar para entrar.
A Bearish WW projecting a short move to Target 142.63
As you can see here after putting in a double top we have broken out of the daily channel from about 1.5 years ago. We are also diverging on the weekly/daily. The break of this channel and support/retest puts us in a downtrend targeting $130. I think we could very well see this in about a month.
This stock is already in a fine position to start a new trade. My entry was based on the RSI connors. stop 5% below, target 5% above . in the last year this strategy had 76% of win% .
AAP, offers a little variation of the same system . It does have his CRSI below 30. but it hasn't met the 4 days criteria of decreasing closes... when this occurs, we have a lower winning trades. In this stock, in the last 4 years we do have a 64,81% of winning trades. with 54 trades being taken. the system is better for abov U$100,00 price per share. since we do...
Introduction From this chart, we can conclude that many traders have lost their money, but of course we will not because we are willing to wait for a good opportunity to make money. When we look at the long term we see that this is a growing uptrend. Conclusion Your future targets and TP you can set yourself. In any case, short SELL. I would like to ask visitors...