Auto Nation Trending Pullback entry

By Stonkademy
Updated
AN has been in a near term uptrend for the last 10 days. It just bounced off the trend line and is setting up for an entry if it breaks above 127.35.
Comment
As you can see, price broke down and Invalidated our trend line. The good news is, it may be setting us up for a head and shoulders! We'll keep our eyes on this one. In the meantime, on to the next trade!
Trend Analysis

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