Advance Auto Parts Inc.
Long
Updated

AAP A+ 10.0 Holy Grail Setup

73
AAP flashing a Holy Grail setup on the daily. Came out of a power earnings gap and held the trend, then pulled back on light volume into its second test of the 20 EMA. Today it lost the 20 intraday and reclaimed it to close back above — that hammer reclaim candle is the trigger. Stacked EMAs, trend intact. Targeting $66.38 on the resumption, with a hard stop below the setup low at $55.32 (a close under there kills it).

#holygrail #20ema #pullback #swingtrading
Note
Trigger: $56.16
Stop: $55.32
Target: $66.38
R/R: 5.1:1

Entry rule:
- The reclaim candle already triggered today. Buy on any open between $56.16 (the reclaim floor) and roughly $57.12 (today's close), as long as price holds above $56.16. The level is the floor, not the entry.

Invalidated if:
- If it gaps DOWN through $55.88, the reclaim is voided. Skip.

Skip conditions:
- SPY/QQQ down >0.5% pre-market (poor market context)
- Major overnight news on the stock (re-evaluate from scratch)
- Opens above $58.26 (>2% above today's close ($57.12) — already moved past entry, don't chase)
- Entry bar volume below 20-day average (no participation)

Shares only.
Trade closed: stop reached
Stopped out quick. Moving on.

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