ChristopherCarrollSmith

AOBC may be poised for recovery tomorrow

Long
NASDAQ:AOBC   None
American Outdoor Brands Corporation plunged after its recent earnings beat, but it has some trendline support at the current level. Recovery tomorrow would likely mean it forms a new upward parallel channel. I've bought in here with fairly tight stops, and we'll see what happens.
Comment:
AOBC broke its channel at the very end of the day yesterday and hit my stop loss, closing out my position. This morning it has continued downward.

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