ENTRY: 42.36 SL: 37 TP1: 48 TP2: 49 - ADX<20. Would like to be higher. - RSI>50, <70 - Maintaining well at pivot point "P". - Entry based on breakout from VZ today. - Strength meter shows weakness and entered with lower risk. - Currently above HVN.
Based on volume price movements,I expect #ASO will go up Take Profit: 67 Stop Loss: 42
NYSE:AER Academy Sports and Outdoors has a really bullish chart and overall has gained massively. Not sure what's going with the fundamentals but the chart looks really crazy.
Great trampoline setup looking to maintain a weekly uptrend. Have used this pattern before and it has worked out well. Lets see how this can materialize to the upside.
Wait for the break of the EMA and the bearish divergence in the rsi , also wait until confirmation in the MACD
Watch for the break in the uptrend and going up to the 45$, nice fundamentals also.
Analysis of price and value action after $ASO announced earnings on Sept 9, 2021.
The stock is holding at the area of 42.69. it's no right time for an entry, as the stock is extended from it's 5 & 10 period moving average where we expect the price to consolidate or pull back producing a right entry at the are of 42.69, the stock is highly correlated with the General market and should be traded with high caution. stock can be traded in daily,...
$Aso, May retest the level at the resistance @42.73 and Expect a breakout at this area of resistance. Short interest 22.74% & Ratio 6.19.
Resistance 1 : 37.90 Support 1 : 32.40 Support 2 : 27.30 ASO still unable to break Strong Resistance_1 : 37.90. In short term, if ASO unable to break 37.90 and will look back 32.40.
Resistance 2 : 42.00 Resistance 1 : 37.90 Support 1 : 32.40 Support 2 : 27.30 ASO tried to break Strong Resistance_1 (got Window GAP) : 37.90 but failed. If ASO unable to break Resistance_1 : 37.90 in short term, ASO will look back Support_1 : 32.40.
Just a little analysis of ASO and its upward trend, candlestick analysis with Fibonacci extension.
Resistance 1 : 42.00 Support 1 : 37.90 Support 2 : 32.40 ASO must stand above 37.90 in order to break new High. If break Support_1 : 37.90, next support will be Support_2 : 32.40.
There’s a lot of talk about this particular stock for earnings coming up on the 8th. The possible scenario I see on ASO, I see a little resistance at $40.68 but I will look to target 44.47. I currently have an option play for this stock at $40C exp 6/18 and I’m up 17%.
Better than expected ER yesterday. Might look into a retracement after RSI is 75. I think the supply zone will be around 36-37 and continue strong performance afterwards. MACD positive. CMF neutral. Moving averages all in a perfect setup.
ASO Daily TF ---------------------- With ER on Tuesday $ASO could see some nice movement, holding strong above the 20 ema and a nice bull flag setup to break ATH. Previous ER moves highlighted 14 days after report. Target: 142+ Key levels Resistance: 37.75 Support: 36, 35.26, 33
Resistance 1 : 38.00 Support 1 : 34.70 Support 2 : 30.40
Dicks sporting goods ripped. This looks good and a buy if it closes above 36.50. On volume.