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STRANGELIFE
Feb 8, 2020 11:17 PM

AAP, earnings play.  Long

Advance Auto Parts Inc.NYSE

Description

Generally stock is oversold on RSI , and about to get positive divergence on MACD. It's all depends on earnings.
Holding cheap mid apr exp calls, about to add more if things are going to get interesting. Tight stop loss. Stock is sitting on significant support /resistance so if it slips - it will slump hard -10/-20$. So obviously earnings is a trade direction reverse spot to watch.

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