AAN seems broke through corse level of resistance & moneyflow has recovered. We think this will have a upward move from here. We are looking for a long entry from $28.04 to $30.43 or higher.
Aarons seems ready for a wave up to fill the gap or at least to test the previous top. Then i'm expecting a big drop around the 15$ level.
GAP RETRACE UP TO 0.5 Fib Level 24.62 x 23.67 Target Fib 0.5 Level 28.62
AARONS INC is in a clear up trending channel. The S&P just broke the 50 eMa and 20 eMa which indicates bullish momentum for 70% of the stocks that follow the market! ATR is around $1 so the stock has potential to dip down to the 100 eMa within 2-3 days. I would like to see a pullback on S&P 500 eMa and an oversold signal on either the Stochastic's or the RSI of...
Yesterday price bounced off the 200 MA which has shown to be a strong support line for the stock in the past. We have seen a strong rise in the OBV which indicates volume is increasing on upward price moves. The trigger for this was that the ADX was over 35, the current trend is up, and the Stochastic (8,1) fell below 30. I will enter the trade 1 tick above...
If breaks above $29 could head for $30, it breaks down below $27.80 then headed for $26.36
This morning, the leading specialty retailer Aaron's Inc (NYSE:AAN) is making a new 52-week low. The company is engaged in the leasing of various products, including televisions, computers, various electronics, and household appliances. The stock has been plunging since July 1st, 2014 when it traded as high as $36.73 a share. Today, shares of Aaron's Inc stock is...