AZO is down on the day while the overall market is up 3%. Over the long haul, AZO has tremendously outperformed the market, however, with recent chunks of insider sales just above current prices and with this at fairly lofty valuation levels, perhaps there is a chance that this gets tested to see if buyers lurk underneath current prices. $300-$270 could be tested. Stop loss 3 ranges or approximately $20 from entry. Downside potential $20-$50.
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com