Barker

In ORLY 80. Multiple time frame setup

BATS:ORLY   O REILLY AUTOMOTIVE INC NEW
228 5 0
www.stocksetups.com
alexp
4 years ago
I wonder where did you get this trendline from? :)

It's surely not the right one for that chart and although it's drawing a bullish reversal bar today, the recent bear channel is pretty strong and surely won't be reversed that easily
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Barker alexp
4 years ago
This is a multiple time frame setup based on stochastics. The trendline is not what got me into the trade, it's only there for reference. ORLY flushed a bit below the line anyway.

ORLY reports on 10/24. I don't plan on holding into earnings.
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Barker
4 years ago
1st Target 86 hit. Looking for an aggressive push up early next week to take 1/2 the position off. I will probably keep the other 1/2 for the head.
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Barker
4 years ago
91+ hit. All out +10.92. Great trade!
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