$AAP Advance Auto parts Trade Setup Possible long entry @ $150 Upside target to long term downtrend @ $159 Moving averages support Indicators in bullish reversals Longby RedHotStocks13
AAP has 2 indicators!! First is $146.36......2nd is $148.11 I'm hopping in and ready to buy more over the next few days if we see more of a dip Signals are pretty strong hereLongby abow1007Updated 7
AAP Signaled multiple times with a target price of $146+Bought in AAP here. 1st target price is $146+ based on my proprietary signals I coded into pine editor. Candlestick patterns are indicating a run up. Typically the patterns can take up to 45 days, but usually a lot sooner. I don't mind tho. Gives me opportunity to accumulate. Keep an eye on this one. Second target is $148 I have my call options and I'm ready to go! NYSE:AAPLongby abow1007Updated 8
AAP short in uptrend - maybe not so good ideaBig pictrue of fundamental analysis and technical analysis. today market is not so convinded to go up, especialy automotive industriy will probably not be the winer of the situation Write sometning about your psyhology thinking before trade? calm Describe the trade. What you see? there was to leg up with a pullback, there is a resistance line, OBV is in divergence and MACD histogram going down Write why you want to enter the trade in this point? macd, obv, resistance What have I done well for this trade? you enter the trade according to analyse What can I take away to help with later trades? be carefull on macd histogram somtimes is lyingEducationby matjaz70552
AAP breaking out in DailyAAP is bouncing off Weekly support and just broke out a daily Resistance. A modest target at 50 percent fib on H2 chart can be the first target. H2 attached: Longby mohamed.tharwat.elsheriefUpdated 5
Reversal in Advance Auto parts Possible short term reversal trade with $142 as entry Target price to Fibonacci resistance $154 Advance Auto Parts (NYSE:AAP) reports comparable-store sales grew 0.1% in Q4. Adjusted gross margin rate down 19 bps to 44%. Adjusted SG&A expense rate improved 125 bps to 36.9%. Adjusted operating margin rate up 106 bps to 7.1%. Store count -72 Y/Y to 5,037. Source Seeking Aplha FY2020 Guidance: Net sales: $988B to $10.1B; Comparable-store sales: Flat to 2%; Adjusted operating margin rate: 8.4% to 8.7%; Tax rate: 24% to 26%; Capex: $275 to $325M; Free cash flow: minimum $600M. Company profile Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.Longby Bullishcharts1147
Bearish looksIn between those two lines. Looks bearish. If it gets inside of that big wedge, then expect a move upwards.by babu_trader2
AAP, earnings play. Generally stock is oversold on RSI , and about to get positive divergence on MACD. It's all depends on earnings. Holding cheap mid apr exp calls, about to add more if things are going to get interesting. Tight stop loss. Stock is sitting on significant support /resistance so if it slips - it will slump hard -10/-20$. So obviously earnings is a trade direction reverse spot to watch. Longby STRANGELIFE5
AAPLow MACD below 0, bullish divergence , bull pattern penetrated upper level. In some Dec 20 calls , strike $60 for 0.50 ea.Longby Kyle2397
AAP Gap fill MACD below Zero-line. Waiting for Gap to fill back to $155 , then we will come back and see where trend is going.Longby PredemptionUpdated 5
$AAP Advance Auto Parts drives higher.Entry level $171 = Target price $182 = Stop loss $167 Advance autos had been flagged as a possible hot stock by means of its indicators tuning in a bullish fashion and the impending golden cross on the moving averages. The stock is very close to its current average analysts price target, so more upgrades like that by UBS yesterday are likely to follow. Company profile Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.Longby Bullishcharts24
AAP shortI struggle to formulate why but the picture is bearish. Maybe because of MAs. Again nothing speaks for the downside move. Company is healthy and undervalued. Still, I will give it a try with October put options. Shortby Fomenka115
$AAP Advance Auto carries good momentum into earnings.Todays earnings report from NYSE:AZO was bullish as we expected and the stock has moved considerably higher, our expectations are very much the same for NYSE:AAP whom report tomorrow before the bell. In our last analysis we had hoped for a breakout above $183 which failed but this remains our breakout level which will soon be tested once again. Despite falling below the crucial MA's support the stock is rallying once again on high volume with a nice reset in the RSI and Stoch, they MACD is negative but a cross is imminent. This we think is a long term winner and a pretty secure long into earnings. AVERAGE PRICE TARGET $194 AVERAGE RECOMMENDATION OVERWEIGHT ADVANCE AUTO PARTS INC. Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage.Longby RedHotStocks5
Advanced Auto PartsThis one printed a hammer on Friday with larger volume coming in. Looks like the third touch of an upper trend line depending how you draw it. Watch for earnings on May 22 before market open though. Longby drperry0
Berish ButterflyInteresting setup; on watch for next week, make take a long if there is a reversal trigger!by SigmaPicks1
$AAP ADVANCE AUTO PARTS AT CRUCIAL LEVELAdvance auto parts is looking poised for a breakout, we are looking for a price above $185 for a possible entry leading to a nice inverse H&S pattern. AAP has lagged behind competitors like Autozone in price action whom has already broken out. Patience will bring rewards. by RedHotStocks116