GoranTrader
Long

Possbile long position on GPC on pull back from breakout

NYSE:GPC   GENUINE PARTS CO
The resistance level that was just broken into is also a psychological level of significance due to the fact that the price at this level is $100. This number usually hold some importance on many stocks. This stock has proven to hold this price level as an area of significance. DG (Dollar General) was also in a similar position not too long ago.
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