An idea showing a sharp recovery which is similar to the past two recoveries. Using the bars pattern tool to plot a recovery. Daily timeframe.
So, AAP has become the best bargain for the next several years. AAP's earnings report wasn't good but everything that is wrong that caused certain aspects of it to be off, are very fixable. They overspent, they had supply chain issues, pricing issues, a high divvy, opening new stores...those issues are well into correcting themselves. I don't think its at all...
A bird's eye view of long term patterns that repeat, and will repeat again
Bullish divergence on Weekly on MACD-H and Stochastic RSI, after the bulish div a first higher low and price rising up. entry: 149.88 SL: 136,4 TP: 171.4
this turdz severly oversold on every level, buyout possibull any day now. we noted giant PUT selling June 16z today. do wutever u can do load up sum CALLZ, even thu July 65 CALLZ only cost $340 now
For Advance Auto Parts, the share price has rebounded in the past from RSI levels we are seeing now...
Reached a heavy support area for this stock. Lots of insider trading taking place in May.
Investor must learn when to book profit. AAP peaked around $250 and now trading at the level it traded in 2013. 10 years of investors wealth is now wiped out. You must learn when to exit and book profit.
Analysis AAP will UP, for TF 1 D, there will be a big gap, this stock will experience an increase.
I have clearly explained the price action. Always trade with STOP LOSS. I am not a financial advisor. Always wait for your levels. Trade safely, wisely & confidently.
Easiest long of all time back to the 50% retracement after an extreme move to the downside Indicators look bullish while price action may remain bearish currently it is in accumulation based off Wyckoff, we returned to the supply zone.
Earnings miss. It must have been a significant miss. Possibly undervalued here but even dirt can get cheaper )o: No recommendation. Price is at a support level. 52 Week Range 72.68 212.25 Day Range 72.68 80.81 EPS (FWD) 10.62 PE (FWD) 10.56 Div Rate (FWD) $6.00 Yield (FWD) 5.35% Short Interest 3.61% Market Cap $6.67B
AAP is looking bullish now. SO sL would be $69 . I am long now.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 124/61.80%
TF: W I am looking for a little bit more retracement for a longer term long. Invalidated if it falls below $76 to $77 area.
The pole is Down so this is a bear pennant, but it is still a neutral pattern until the top or bottom line is broken. This was in a horizontal trading zone/rectangle/that broke to the downside. Some would use the pole and extend it from the point of the break to the downside to calculate targets. This just looks cheap/undervalued to me, but even dirt can get...