NASDAQ:ASO   Academy Sports and Outdoors, Inc.
I bought some of this near the IPO back around $15 a share. I cashed out around $28 a share. I wished I had held, it is now near $63 a share.
Small cap sports retailer out of Katy, TX with superb financials and growth plans. 0.47 PEG, ROE of 41.71%. Solidly increasing free cash flow and margins. Solid and steady accumulation.

$67.13 is 1.618 extension on monthly. $67.83 on weekly
2.142 extended on daily right now, so I am hoping for a pullback to the $57.74 on daily 23% extension, which is in the range of the thin vol profile on weekly down to volume expansion at $58.41

$51.66 mo. & weekly 23% fib retrace; thin vol profile on weekly down to $58.01
$51.51 prior swing high on weekly
$58.41 23% fib on daily; thin volume profile from $61.89 down to $58.41 fib

I don't chase, I always wait for a pullback to buy, so I am setting an entry target of $58.56 in hopes of a pullback to higher volume profile off that 2.142 extension.



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