Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine...
The daily chart shows a potential Wolfe Wave. It's not active, the upper line has to be broken on daily basis to activate the turquoise target line. Note that even if the pattern will be executed, in advance the share price may retest the level of the 5 or get even lower in the undershoot area. The pattern is long running.
Bullish on AAP (advanced auto parts) . Charts looks like a bottom of the channel reversal, indicating an up move, in an overall down trend. This is based upon bullish daily candle formation as well as weekly TTM squeeze histogram. On the daily chart , we have Inside and up candles, and a TTM squeeze that fired. On the weekly chart, you have a shift from red to...
BLUF: 20% swing for 2 months at a 5% risk with the potential for a trend breakout. Whether or not you "believe" in a recession in 2023, the idea of one on the horizon should alter how we pick stocks. Jim Cramer has been pushing bargain retailers for months and TJX is up over 40% since May of 2022. Taking the idea of a recession and the movement of money into the...
Extraordinary confluence of level in th cluster: 138.2 - 138.8. The identified level, especially 8/23, worked in the past a couple of times. The angle 2x1 on Monthly basis is supporting this idea. Entry price: 138.23 Limit order SL: 135.47 TP: 176.62 RR: 13.9
Plotting future price action with the bars pattern tool I have plotted two scenarios, one in green that takes off in the sharper up channel And the second one in white where price rolls over and breaks down to the middle of the white channel This second scenario is the less bullish of the two Weekly chart
Both situations have a break out from a semi downward channel The first led to a bull run The second is yet to evolve into its bull run mode White line is 200MA
earnings watch 5/23: AAP ESEA NLS NIU XPEV API HEI ZM CRMT TBLT Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt...
Very wide head so difficult to visualize. Break of neckline which was strong support and now resistance. No recommendation. Possible targets 1 in larger orange type. Possible targets 2 in smaller type of targets 1 are passed. Be safe//Laura
Bearish breakout : Entry price 188.59 Take Profit 155.83 Stop Loss 209.63
And this one got me )o: These puppies will bit you. I had it in my brain that auto part stores will do well during a recession, and I think they may. Then ORLY missed earnings, and BOOM, this went down with it! I did not look at the other Auto Parts earnings dates, but I learned a lesson. It was sitting there is a bear flag, then broke up from the bear flag, so...
Looking at a 6.90 contract for Mar. 20, breakeven would be 226.90 Very risky but could be very good profits, if it touches my support again soon and holds, ill purchase. Fib seems stonr enough to support a $130 and that would be around 330$ profit. Plent for me!! hehehehe (PS I hate volume)
Earnings watch 2/14 post-market: AAP CAR INLB POWW ANET CLR AMKR PHX ASYS OTTR Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of...
📌Short intro: Simple ideas - No junk * Full time trader - analyst * High accuracy of ideas * Technically and Fudnamentally side in analysis * Comment if have any questions or like if want to send support * FX - STOCK - CRYPTO * 💡 AAP technically based idea, we can see price is on SUPP zone, technically indicators showing we can expect higher bearish...
Advance Auto Parts, Inc. (Advance) is an American automotive aftermarket parts provider. Headquartered in Raleigh, North Carolina, it serves both professional installer and do-it-yourself (DIY) customers.
Very nice uptrend in the daily chart, just retested some support and it is flagging nicely Pivot price at $232
There are 2 levels of support on this chart. AAP has been in a nice uptrend since early in the year. Any pullback towards the green rectangle is buyable in my opinion. Another scenario would be a break of the triangle instead of continuing to pullback