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ChristopherCarrollSmith
Jun 20, 2019 2:01 PM

AOBC retracement offers buying opportunity Long

Description

AOBC opened way up, around the $10.00 level, and then retraced a lot further than I expected, to support at about $9.37. This is a good price to grab for a likely slow gain throughout the day. AOBC posted a great earnings beat yesterday, but mixed guidance-- thus the retracement.

Comment

Retracement has gotten lower than I expected this morning. We may get as low as yesterday's close. I still expect upward reversal, though.
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