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Triple_Barrel_Capital
Aug 27, 2018 6:45 PM

$ORLY Overbought at Resistance - Spinning Top Short

O'Reilly Automotive, Inc.NASDAQ

Description

ORLY O'Reilly - Looking overbought after tagging resistance last week at $334 with a spinning top candle on the weekly chart. Expecting a retrace near/medium term. Targeting sub-300 by next ER late October. Full retrace back down to previous all-time high would be $291.50 area.

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Note: Informational analysis, not investment advice.
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