Ape

AZO short

Short
BATS:AZO   AutoZone, Inc
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Last update on AZO I pointed out that the price was butting against the upper trendline. It has since backed off and is now entering a critical support line. If AZO can break below 374.51 with some conviction ( volume ), we may see a gap fill all the way down to 369. If we get to 369, I will cover my short for the day and look to get back in on a pullback. If it closes below 374.51 I will hold into Friday and watch the price action.

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